401(k)
2022 plan-year 401(k) DOL Form 5500

Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust

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

Sponsored by Michigan Healthcare Professionals, P.C. ยท Michigan ยท Healthcare & Social Assistance

What the 2023 filing shows

Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust holds $64M for 1,670 participants - about $38,136 per participant, down 12.1% over the 2022 plan year.

$64M
total plan assets (2022 EOY)
1,670
covered participants
$38,136
avg assets per participant
-12.1%
assets change YoY

The plan reported a net loss of $9M for the year โ€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$64M
Participants
1,670
State
Industry
Healthcare & Social Assistance

What the Filing Says About Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust

Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust is a 401(k) retirement plan sponsored by Michigan Healthcare Professionals, P.C., headquartered in Michigan. As of the 2022 Form 5500 filing, the plan reports $64M in total end-of-year assets and covers 1,670 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 451674932, and the plan has been effective since 2012-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $72M at the beginning of 2022 to $64M at year-end โ€” a decline of 12.1%. Net assets (after liabilities) closed the year at $63M, with reported net income of $-8,729,935 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)$72M
Total Assets (End of Year)$64M
Net Assets (End of Year)$63M
Net Income$-8,729,935
Plan Type401(k)
Employer EIN451674932
Plan Effective Date2012-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Healthcare Professionals, P.C.)

Year Plans Participants Total Assets
2022 2 2,076 $122M
2023 2 2,110 $140M
2024 2 2,119 $153M

Nearby 401(k) Plans in Michigan

Peer 401(k) plans โ€” same state, same plan type โ€” ranked by total assets.

Frequently Asked Questions

How much money is in the Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust?
As of the 2022 Form 5500 filing, Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust holds $64M in total assets with 1,670 participants. It is sponsored by Michigan Healthcare Professionals, P.C..
What type of plan is Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust?
Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust is a 401(k) plan. It has been effective since 2012-01-01. The plan is filed with the U.S. Department of Labor under EIN 451674932.
Who sponsors the Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust?
Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust is sponsored by Michigan Healthcare Professionals, P.C., located in Michigan. The sponsor's EIN is 451674932 and the plan operates in the Healthcare & Social Assistance industry.
How did Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust perform in 2022?
Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust declined by 12.1% during 2022, moving from $72M to $64M in total assets. Net income was $-8,729,935.
Where can I find official filings for Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust?
Official Form 5500 filings for Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 451674932 or plan name at efast.dol.gov.
How does Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust compare to other plans?
You can compare Michigan Healthcare Professionals, P.C. 401(k) Plan and Trust against other 401(k) 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 451674932.

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.