Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Michigan Masonic Home 403(b) Retirement Plan

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

Sponsored by Michigan Masonic Home ยท Michigan ยท Healthcare & Social Assistance

What the 2023 filing shows

Michigan Masonic Home 403(b) Retirement Plan holds $10M for 385 participants - about $27,132 per participant, down 22.6% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
385
covered participants
$27,132
avg assets per participant
-22.6%
assets change YoY

The plan reported a net loss of $3M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
385
State
Industry
Healthcare & Social Assistance

What the Filing Says About Michigan Masonic Home 403(b) Retirement Plan

Michigan Masonic Home 403(b) Retirement Plan is a Profit Sharing retirement plan sponsored by Michigan Masonic Home, headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 385 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 237259307, and the plan has been effective since 2000-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $13M at the beginning of 2022 to $10M at year-end โ€” a decline of 22.6%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-3,045,389 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 โ€” 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)$13M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-3,045,389
Plan TypeProfit Sharing
Employer EIN237259307
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Masonic Home)

Year Plans Participants Total Assets
2022 1 385 $10M
2023 1 365 $12M
2024 1 335 $13M

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Frequently Asked Questions

How much money is in the Michigan Masonic Home 403(b) Retirement Plan?
As of the 2022 Form 5500 filing, Michigan Masonic Home 403(b) Retirement Plan holds $10M in total assets with 385 participants. It is sponsored by Michigan Masonic Home.
What type of plan is Michigan Masonic Home 403(b) Retirement Plan?
Michigan Masonic Home 403(b) Retirement Plan is a Profit Sharing plan. It has been effective since 2000-01-01. The plan is filed with the U.S. Department of Labor under EIN 237259307.
Who sponsors the Michigan Masonic Home 403(b) Retirement Plan?
Michigan Masonic Home 403(b) Retirement Plan is sponsored by Michigan Masonic Home, located in Michigan. The sponsor's EIN is 237259307 and the plan operates in the Healthcare & Social Assistance industry.
How did Michigan Masonic Home 403(b) Retirement Plan perform in 2022?
Michigan Masonic Home 403(b) Retirement Plan declined by 22.6% during 2022, moving from $13M to $10M in total assets. Net income was $-3,045,389.
Where can I find official filings for Michigan Masonic Home 403(b) Retirement Plan?
Official Form 5500 filings for Michigan Masonic Home 403(b) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 237259307 or plan name at efast.dol.gov.
How does Michigan Masonic Home 403(b) Retirement Plan compare to other plans?
You can compare Michigan Masonic Home 403(b) Retirement Plan against other Profit Sharing 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) โ€” original filing retrieval by EIN 237259307.

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

Reference: IRS Publication 590-B โ€” 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.