Head Start For Kent County 401(K) Retirement Plan — Form 5500 plan (Michigan Family Resources)
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, Head Start For Kent County 401(K) Retirement Plan is a benefit plan reported by Michigan Family Resources under EIN 38-2942671 and plan number 002. The latest loaded filing year is 2023. The filing reports 493 participants and $17,192,924 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Michigan Family Resources
- EIN
- 38-2942671
- Plan number
- 002
- Plan type
- 2
- Location
- Walker, MI
- Latest filing year
- 2023
- Participants
- 493
- End-of-year plan assets
- $17,192,924
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 493 | H, C | 20241010150018NAL0010165283001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,192,924
- Total liabilities (EOY)
- $19,286
- Net assets (EOY)
- $17,173,638
- Net assets (BOY)
- $14,052,772
Income & contributions
- Employer contributions
- $2,205,648
- Participant contributions
- $500,035
- Total contributions
- $2,727,072
- Total income / additions
- $5,222,460
Expenses & distributions
- Benefits paid
- $2,034,651
- Administrative expenses
- $66,943
- Total expenses
- $2,101,594
- Net increase / (decrease)
- $3,120,866
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Chesme Capital Management | NONE | $34,321 | not reported in the loaded dataset | 2023 |
| Alerus Financial, N.A. | NONE | $33,409 | $0 | 2023 |