Mymichigan Health Pension Plan For Armc Employees — 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 Pension Plan For Armc Employees is a benefit plan reported by Mymichigan Health under EIN 38-2459948 and plan number 004. The latest loaded filing year is 2023. The filing reports 720 participants and $207,803,274 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$207.4MPlan net assets, end of year$207,402,762
Participants720Covered participants reported
Assets / participant$288.6KComputed: assets ÷ participants$288,616 (computed)
Provider compensation$119.9K2 Schedule C provider row(s)$119,863
Plan sponsor
Mymichigan Health
EIN
38-2459948
Plan number
004
Plan type
2
Location
Midland, MI
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023720H, C20241011115220NAL0010884323001
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)$207.8M total assets
Net assets$207.4MLiabilities$400.5K
Money in vs. money out
Total income / additions$20.3M
Total expenses$15.2M
Benefits paid / distributions$14.5M
Contributions
Employer$4.5M
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$207,803,274
Total liabilities (EOY)
$400,512
Net assets (EOY)
$207,402,762
Net assets (BOY)
$202,310,052

Income & contributions

Employer contributions
$4,500,000
Total contributions
$4,500,000
Total income / additions
$20,285,450

Expenses & distributions

Benefits paid
$14,484,648
Administrative expenses
$708,092
Total expenses
$15,192,740
Net increase / (decrease)
$5,092,710
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 assets7%Computed ratio
Benefits paid ÷ total income71%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Willis Towers Watson Us LLCNONE$103,769not reported in the loaded dataset2023
LgimNONE$16,094not reported in the loaded dataset2023

Related Form 5500 pages