Family Medical Center Retirement And 401(K) Plan — Form 5500 plan (Family Medical Center 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, Family Medical Center Retirement And 401(K) Plan is a benefit plan reported by Family Medical Center Of Michigan under EIN 38-2308659 and plan number 002. The latest loaded filing year is 2023. The filing reports 235 participants and $9,134,007 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.7MPlan net assets, end of year$9,747,548
Participants235Covered participants reported
Assets / participant$41.5KComputed: assets ÷ participants$41,479 (computed)
Provider compensation$54.6K4 Schedule C provider row(s)$54,561
- Plan sponsor
- Family Medical Center Of Michigan
- EIN
- 38-2308659
- Plan number
- 002
- Plan type
- 2
- Location
- Temperance, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 235 | H, C | 20240520154538NAL0001571569001 |
| 2023 | 317 | H, C | 20241003155252NAL0010102369001 |
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)$9.7M total assets
Net assets$9.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $9,747,548
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,747,548
- Net assets (BOY)
- $7,997,368
Income & contributions
- Employer contributions
- $295,088
- Participant contributions
- $451,151
- Total contributions
- $747,590
- Total income / additions
- $1,913,911
Expenses & distributions
- Benefits paid
- $134,595
- Administrative expenses
- $29,036
- Total expenses
- $163,731
- Net increase / (decrease)
- $1,750,180
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Butler Capital Advisors | ADVISOR | $25,099 | not reported in the loaded dataset | 2023 |
| Butler Capital Advisors | ADVISOR | $16,089 | not reported in the loaded dataset | 2023 |
| Employee Fiduciary, LLC | RECORDKEEPER | $3,937 | $3,144 | 2023 |
| Employee Fiduciary, LLC | RECORDKEEPER | $2,996 | $3,296 | 2023 |