2023 Form 5500 filing — Raiseright, LLC 401(K) 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 20241015100709NAL0047300944001) for Raiseright, LLC 401(K) Plan, reported by Raiseright, LLC under EIN 20-0856016 and plan number 001. It reports 205 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)$7.4MReported net assets$7,425,511
Participants205
Provider compensation$46.1K1 Schedule C row(s)$46,089
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241015100709NAL0047300944001
Plan sponsor
Raiseright, LLC
EIN
20-0856016
Plan number
001
Location
Kentwood, MI
Received date
not reported in the loaded dataset
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)$7.4M total assets
Net assets$7.4MLiabilities$4.6K
Money in vs. money out
Total income / additions$4.6M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$1M
Participant$1.2M
Full reported line items
Total assets (EOY)
$7,430,141
Total liabilities (EOY)
$4,630
Net assets (EOY)
$7,425,511
Employer contributions
$1,016,659
Participant contributions
$1,209,534
Total income / additions
$4,616,018
Benefits paid
$1,575,449
Administrative expenses
$46,089
Total expenses
$1,621,538
Net increase / (decrease)
$2,994,480

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Alerus Financial, N.A.NONE$46,089$0

Related Form 5500 pages