2023 Form 5500 filing — Altarum Institute Retirement & Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240821131741NAL0007042960001) for Altarum Institute Retirement & Savings Plan, reported by Altarum Institute under EIN 38-1983442 and plan number 003. It reports 663 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240821131741NAL0007042960001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Altarum Institute
- EIN
- 38-1983442
- Plan number
- 003
- Location
- Novi, MI
- Participants
- 663
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $75,185,670
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $75,185,670
- Employer contributions
- $1,450,311
- Participant contributions
- $3,553,752
- Total income / additions
- $17,401,686
- Benefits paid
- $9,345,664
- Administrative expenses
- $111,309
- Total expenses
- $9,477,110
- Net increase / (decrease)
- $7,924,576
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Capfinancial Partners, LLC | CONSULTANT | $47,127 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $30,638 | $0 |
| Rehmann Robson | ACCOUNTANT/AUDITOR | $27,164 | not reported in the loaded dataset |
| Strategic Advisors, Inc. | ADVISOR | $6,484 | not reported in the loaded dataset |