Retirement Plan For Michigan Credit Union Employees 401(K) Savings Plan — Form 5500 plan (Michigan Credit Union League)
Plain-English plan 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, Retirement Plan For Michigan Credit Union Employees 401(K) Savings Plan is a benefit plan reported by Michigan Credit Union League under EIN 38-0826778 and plan number 334. The latest loaded filing year is 2023. The filing reports 15,368 participants and $903,688,215 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Credit Union League
- EIN
- 38-0826778
- Plan number
- 334
- Plan type
- 3
- Location
- Plymouth, MI
- Latest filing year
- 2023
- Participants
- 15,368
- End-of-year plan assets
- $903,688,215
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 15,368 | H, C | 20250206135550NAL0006155075001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $903,688,215
- Total liabilities (EOY)
- $3,729
- Net assets (EOY)
- $903,684,486
- Net assets (BOY)
- $760,306,221
Income & contributions
- Employer contributions
- $30,764,759
- Participant contributions
- $37,258,614
- Total contributions
- $72,459,262
- Total income / additions
- $212,738,653
Expenses & distributions
- Benefits paid
- $69,775,588
- Administrative expenses
- $1,923,695
- Total expenses
- $72,134,963
- Net increase / (decrease)
- $140,603,690
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Cmfg Life Insurance Company | NONE | $1,675,759 | $0 | 2023 |
| Benefits Investment Consulting | INVESTMENT MANAGEMENT | $0 | $100,933 | 2023 |
| Fiducient Advisors | INVESTMENT ADVISORY | $80,000 | not reported in the loaded dataset | 2023 |
| Warner, Norcross & Judd Llp | LEGAL | $71,958 | not reported in the loaded dataset | 2023 |
| National Cu Services | INSURANCE SERVICES | $55,105 | not reported in the loaded dataset | 2023 |
| Doeren Mayhew | AUDIT | $40,000 | not reported in the loaded dataset | 2023 |
| Matrix | INVESTMENT MANAGEMENT | $0 | $4,960 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Michigan Credit Union League
- 2023 Form 5500 filing
- Form 5500 filings in MI
- 401(k) and benefit plan filings in Plymouth, MI
- Cmfg Life Insurance Company — Schedule C compensation
- Benefits Investment Consulting — Schedule C compensation
- Fiducient Advisors — Schedule C compensation
- Warner, Norcross & Judd Llp — Schedule C compensation
- National Cu Services — Schedule C compensation
- Doeren Mayhew — Schedule C compensation
- Matrix — Schedule C compensation