Defined Benefit (Pension)
2022 plan-year Defined Benefit (Pension) DOL Form 5500

Michigan Millers Mutual Insurance Company Employee Retirement Plan

ERISA Form 5500 plan record drawn from DOL EBSA β€” verify with linked source filings below.

Sponsored by Michigan Millers Mutual Insurance Company Β· Michigan Β· Finance & Insurance

What the 2023 filing shows

Michigan Millers Mutual Insurance Company Employee Retirement Plan holds $26M for 31 participants - about $843,210 per participant, down 19.2% over the 2022 plan year.

$26M
total plan assets (2022 EOY)
31
covered participants
$843,210
avg assets per participant
-19.2%
assets change YoY

The plan reported a net loss of $6M for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$26M
Participants
31
State
Industry
Finance & Insurance

What the Filing Says About Michigan Millers Mutual Insurance Company Employee Retirement Plan

Michigan Millers Mutual Insurance Company Employee Retirement Plan is a Defined Benefit (Pension) retirement plan sponsored by Michigan Millers Mutual Insurance Company, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $26M in total end-of-year assets and covers 31 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 380828980, and the plan has been effective since 1967-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2022 to $26M at year-end β€” a decline of 19.2%. Net assets (after liabilities) closed the year at $26M, with reported net income of $-6,417,035 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows β€” a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$32M
Total Assets (End of Year)$26M
Net Assets (End of Year)$26M
Net Income$-6,417,035
Plan TypeDefined Benefit (Pension)
Employer EIN380828980
Plan Effective Date1967-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Millers Mutual Insurance Company)

Year Plans Participants Total Assets
2022 2 160 $41M
2023 3 208 $18M
2024 1 173 $21M

Nearby Defined Benefit (Pension) Plans in Michigan

Peer Defined Benefit (Pension) plans β€” same state, same plan type β€” ranked by total assets.

Frequently Asked Questions

How much money is in the Michigan Millers Mutual Insurance Company Employee Retirement Plan?
As of the 2022 Form 5500 filing, Michigan Millers Mutual Insurance Company Employee Retirement Plan holds $26M in total assets with 31 participants. It is sponsored by Michigan Millers Mutual Insurance Company.
What type of plan is Michigan Millers Mutual Insurance Company Employee Retirement Plan?
Michigan Millers Mutual Insurance Company Employee Retirement Plan is a Defined Benefit (Pension) plan. It has been effective since 1967-01-01. The plan is filed with the U.S. Department of Labor under EIN 380828980.
Who sponsors the Michigan Millers Mutual Insurance Company Employee Retirement Plan?
Michigan Millers Mutual Insurance Company Employee Retirement Plan is sponsored by Michigan Millers Mutual Insurance Company, located in Michigan. The sponsor's EIN is 380828980 and the plan operates in the Finance & Insurance industry.
How did Michigan Millers Mutual Insurance Company Employee Retirement Plan perform in 2022?
Michigan Millers Mutual Insurance Company Employee Retirement Plan declined by 19.2% during 2022, moving from $32M to $26M in total assets. Net income was $-6,417,035.
Where can I find official filings for Michigan Millers Mutual Insurance Company Employee Retirement Plan?
Official Form 5500 filings for Michigan Millers Mutual Insurance Company Employee Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 380828980 or plan name at efast.dol.gov.
How does Michigan Millers Mutual Insurance Company Employee Retirement Plan compare to other plans?
You can compare Michigan Millers Mutual Insurance Company Employee Retirement Plan against other Defined Benefit (Pension) plans on the plan type page, or view plans in Michigan on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 380828980.

Reference: IRS Publication 560 β€” Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B β€” Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.