Michigan Chamber Of Commerce 401(K) Plan — Form 5500 plan (Michigan Chamber Of Commerce)
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 Chamber Of Commerce 401(K) Plan is a benefit plan reported by Michigan Chamber Of Commerce under EIN 38-1626029 and plan number 002. The latest loaded filing year is 2023. The filing reports 681 participants and $30,886,301 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Chamber Of Commerce
- EIN
- 38-1626029
- Plan number
- 002
- Plan type
- 3
- Location
- Lansing, MI
- Latest filing year
- 2023
- Participants
- 681
- End-of-year plan assets
- $30,886,301
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 681 | H, C | 20240926143143NAL0001432176001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $30,886,301
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $30,886,301
- Net assets (BOY)
- $23,874,822
Income & contributions
- Employer contributions
- $1,054,297
- Participant contributions
- $2,194,165
- Total contributions
- $4,099,084
- Total income / additions
- $8,688,809
Expenses & distributions
- Benefits paid
- $2,629,387
- Administrative expenses
- $167,234
- Total expenses
- $2,800,599
- Net increase / (decrease)
- $5,888,210
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tri-Star Trust Bank | ADVISOR | $90,162 | not reported in the loaded dataset | 2023 |
| Newport Group, Inc. | RECORDKEEPER | $64,267 | $0 | 2023 |
| Newport Trust Company | TRUSTEE | $12,805 | $0 | 2023 |