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, Michigan State University Federal Credit Union is a benefit plan reported by Michigan State University Federal Credit Union under EIN 38-1373106 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,424 participants and $144,292,609 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $144,292,609
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $144,292,609
- Net assets (BOY)
- $111,715,029
Income & contributions
- Employer contributions
- $8,541,574
- Participant contributions
- $7,486,342
- Total contributions
- $18,922,986
- Total income / additions
- $39,503,126
Expenses & distributions
- Benefits paid
- $6,708,678
- Administrative expenses
- $212,031
- Total expenses
- $6,925,546
- Net increase / (decrease)
- $32,577,580