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, Albion College Defined Contribution Retirement Plan is a benefit plan reported by Albion College under EIN 38-1359081 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,051 participants and $133,832,765 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $133,832,765
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $133,832,765
- Net assets (BOY)
- $123,769,928
Income & contributions
- Employer contributions
- $1,820,464
- Participant contributions
- $1,717,838
- Total contributions
- $3,647,487
- Total income / additions
- $21,273,594
Expenses & distributions
- Benefits paid
- $11,133,834
- Administrative expenses
- $76,923
- Total expenses
- $11,210,757
- Net increase / (decrease)
- $10,062,837