Plan5500

Northeast Michigan Community Service Agency, Inc. Profit Sharing Plan — Form 5500 plan (Northeast Michigan Community Service Agency, Inc.)

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, Northeast Michigan Community Service Agency, Inc. Profit Sharing Plan is a benefit plan reported by Northeast Michigan Community Service Agency, Inc. under EIN 38-1873461 and plan number 002. The latest loaded filing year is 2023. The filing reports 937 participants and $29,485,457 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Northeast Michigan Community Service Agency, Inc.
EIN
38-1873461
Plan number
002
Plan type
2
Location
Alpena, MI
Latest filing year
2023
Participants
937
End-of-year plan assets
$29,485,457

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023937H, C20241008071019NAL0017224401001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$29,485,457
Total liabilities (EOY)
$0
Net assets (EOY)
$29,485,457
Net assets (BOY)
$25,830,862

Income & contributions

Employer contributions
$1,603,966
Participant contributions
$1,353,333
Total contributions
$3,109,422
Total income / additions
$7,449,131

Expenses & distributions

Benefits paid
$3,676,639
Administrative expenses
$117,897
Total expenses
$3,794,536
Net increase / (decrease)
$3,654,595

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$117,897$02023
Global Retirement Partners LLCINVESTMENT ADVISORY$0$45,8692023

Related Form 5500 pages