Plan5500

Mid Michigan Community Action Agency, Inc. Employee Retirement Plan — Form 5500 plan (Mid Michigan Community Action 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, Mid Michigan Community Action Agency, Inc. Employee Retirement Plan is a benefit plan reported by Mid Michigan Community Action Agency, Inc. under EIN 38-2056236 and plan number 001. The latest loaded filing year is 2023. The filing reports 244 participants and $5,389,175 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.4MPlan net assets, end of year$5,389,175
Participants244Covered participants reported
Assets / participant$22.1KComputed: assets ÷ participants$22,087 (computed)
Provider compensation$32.6K1 Schedule C provider row(s)$32,603
Plan sponsor
Mid Michigan Community Action Agency, Inc.
EIN
38-2056236
Plan number
001
Plan type
2
Location
Farwell, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023244H, C20241015145253NAL0014888547001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.4M total assets
Net assets$5.4MLiabilities$0
Money in vs. money out
Total income / additions$1.2M
Total expenses$859.3K
Benefits paid / distributions$826.7K
Contributions
Employer$267.9K
Participant$190.2K
Full reported line items

Net assets

Total assets (EOY)
$5,389,175
Total liabilities (EOY)
$0
Net assets (EOY)
$5,389,175
Net assets (BOY)
$5,013,942

Income & contributions

Employer contributions
$267,925
Participant contributions
$190,164
Total contributions
$472,998
Total income / additions
$1,234,490

Expenses & distributions

Benefits paid
$826,654
Administrative expenses
$32,603
Total expenses
$859,257
Net increase / (decrease)
$375,233
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 58%Participant 42%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income67%Computed ratio
Provider comp. ÷ net assets1%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Huntington National BankNONE$32,603$02023

Related Form 5500 pages