2023 Form 5500 filing — Client Financial Services Of Michigan LLC 401(K) Profit Sharing 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 20241014083213NAL0013012147001) for Client Financial Services Of Michigan LLC 401(K) Profit Sharing Plan, reported by Client Financial Services Of Michigan, LLC under EIN 37-1517313 and plan number 001. It reports 129 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014083213NAL0013012147001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Client Financial Services Of Michigan, LLC
- EIN
- 37-1517313
- Plan number
- 001
- Location
- Fenton, MI
- Participants
- 129
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,786,209
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,786,209
- Employer contributions
- $20,000
- Participant contributions
- $215,156
- Total income / additions
- $485,420
- Benefits paid
- $22,773
- Administrative expenses
- $3,457
- Total expenses
- $26,230
- Net increase / (decrease)
- $459,190
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| The Benefit Advantage Inc | CONTRACT ADMIN | $3,657 | not reported in the loaded dataset |
| Capital Group Retirement Plan Servi | RECORDKEEPER | $950 | $0 |