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, Michigan Healthcare Professionals, P.C. 401(K) Profit Sharing Plan And Trust is a benefit plan reported by Michigan Healthcare Professionals, P.C. under EIN 45-1674932 and plan number 003. The latest loaded filing year is 2023. The filing reports 596 participants and $70,840,359 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $70,840,359
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $70,840,359
- Net assets (BOY)
- $58,425,172
Income & contributions
- Employer contributions
- $3,682,895
- Participant contributions
- $2,931,879
- Total contributions
- $8,286,385
- Total income / additions
- $16,029,588
Expenses & distributions
- Benefits paid
- $3,651,568
- Administrative expenses
- $3,497
- Total expenses
- $3,655,065
- Net increase / (decrease)
- $12,374,523