Mymichigan Health Employees' Pension Plan — Form 5500 plan (Mymichigan Health)

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, Mymichigan Health Employees' Pension Plan is a benefit plan reported by Mymichigan Health under EIN 38-2459948 and plan number 001. The latest loaded filing year is 2023. The filing reports 5,070 participants and $17,487 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$0Plan net assets, end of year
Participants5.1KCovered participants reported5,070
Assets / participant$3Computed: assets ÷ participants$3 (computed)
Provider compensation$1.6M2 Schedule C provider row(s)$1,553,402
Plan sponsor
Mymichigan Health
EIN
38-2459948
Plan number
001
Plan type
2
Location
Midland, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,070H, C20250513102445NAL0017678417001
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)$17.5K total assets
Net assets$0Liabilities$17.5K
Money in vs. money out
Total income / additions$17.5M
Total expenses$219.4M
Benefits paid / distributions$218.4M
Contributions
Employer$14.7M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$17,487
Total liabilities (EOY)
$17,487
Net assets (EOY)
$0
Net assets (BOY)
$201,848,813

Income & contributions

Employer contributions
$14,660,940
Total contributions
$14,660,940
Total income / additions
$17,536,973

Expenses & distributions

Benefits paid
$218,350,420
Administrative expenses
$1,035,366
Total expenses
$219,385,786
Net increase / (decrease)
-$201,848,813
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.

Benefits paid ÷ total income1245%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCNONE$1,504,717not reported in the loaded dataset2023
The Bank Of New York MellonNONE$48,685not reported in the loaded dataset2023

Related Form 5500 pages