2023 Form 5500 filing — Grand Traverse Band Economic Development Corporation 401(K) 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 20241009082336NAL0037252402001) for Grand Traverse Band Economic Development Corporation 401(K) Savings Plan, reported by Grand Traverse Band Economic Development Corporation under EIN 38-2512699 and plan number 001. It reports 1,094 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$19.6MReported net assets$19,617,787

Participants1.1K1,094

Provider compensation$127.4K2 Schedule C row(s)$127,397

Schedules filedSchedule H, Schedule CLoaded schedules

EFAST2 acknowledgement: 20241009082336NAL0037252402001
Plan sponsor: Grand Traverse Band Economic Development Corporation
EIN: 38-2512699
Plan number: 001
Location: Peshawbestown, MI
Received date: not reported in the loaded dataset

How to read this filing

This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
Schedule chips (Sch H / I / C) show which schedules this filing includes.
Net assets = total assets minus total liabilities (Schedule H/I).
Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
For the plan's full history, open the plan profile.

Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$19.6M total assets

Net assets$19.6MLiabilities$6.6K

Money in vs. money out

Total income / additions$4.6M

Total expenses$2.1M

Benefits paid / distributions$1.9M

Contributions

Employer$482.6K

Participant$1.3M

Full reported line items

Total assets (EOY): $19,624,405
Total liabilities (EOY): $6,618
Net assets (EOY): $19,617,787
Employer contributions: $482,563
Participant contributions: $1,285,707
Total income / additions: $4,565,557
Benefits paid: $1,927,111
Administrative expenses: $127,397
Total expenses: $2,054,508
Net increase / (decrease): $2,511,049

Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

1
Newport Group, Inc.$89K
RECORDKEEPER · Direct $89K · Indirect $0
2
Newport Trust Company$38.4K
TRUSTEE · Direct $38.4K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241009082336NAL0037252402001 cover?: It is the 2023 Form 5500 filing for Grand Traverse Band Economic Development Corporation 401(K) Savings Plan, reported by Grand Traverse Band Economic Development Corporation (EIN 38-2512699).
Which Form 5500 schedules are attached to this 2023 filing?: Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).