Health Alliance Plan Retirement Plan — Form 5500 plan (Health Alliance Plan Of Michigan)

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, Health Alliance Plan Retirement Plan is a benefit plan reported by Health Alliance Plan Of Michigan under EIN 38-2242827 and plan number 001. The latest loaded filing year is 2023. The filing reports 734 participants and $53,626,702 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$53.6MPlan net assets, end of year$53,606,672
Participants734Covered participants reported
Assets / participant$73.1KComputed: assets ÷ participants$73,061 (computed)
Provider compensationNone reported
Plan sponsor
Health Alliance Plan Of Michigan
EIN
38-2242827
Plan number
001
Plan type
2
Location
Detroit, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023734H20241014105501NAL0014798259001
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)$53.6M total assets
Net assets$53.6MLiabilities$20K
Money in vs. money out
Total income / additions$6.1M
Total expenses$3M
Benefits paid / distributions$3M
Contributions
Employer$1.5M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$53,626,702
Total liabilities (EOY)
$20,030
Net assets (EOY)
$53,606,672
Net assets (BOY)
$50,507,829

Income & contributions

Employer contributions
$1,530,048
Total contributions
$1,530,048
Total income / additions
$6,055,370

Expenses & distributions

Benefits paid
$2,956,527
Administrative expenses
$0
Total expenses
$2,956,527
Net increase / (decrease)
$3,098,843
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.

Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income49%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages