Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN

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

LUTHERAN HOMES OF MICHIGAN, INC

This Profit Sharing plan holds $16M in total assets and serves 498 participants as of 2023. It is sponsored by LUTHERAN HOMES OF MICHIGAN, INC in Michigan. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$16M
Participants
498
State
Industry
Healthcare & Social Assistance

What the Filing Says About WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN

WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN is a Profit Sharing retirement plan sponsored by LUTHERAN HOMES OF MICHIGAN, INC, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $16M in total end-of-year assets and covers 498 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 381358410, and the plan has been effective since 1989-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $14M at the beginning of 2023 to $16M at year-end — a gain of 9.9%. Net assets (after liabilities) closed the year at $16M, with reported net income of $1M 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 — 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)$14M
Total Assets (End of Year)$16M
Net Assets (End of Year)$16M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN381358410
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (LUTHERAN HOMES OF MICHIGAN, INC)

Year Plans Participants Total Assets
2022 1 528 $14M
2023 1 498 $16M
2024 1 513 $16M

Nearby Profit Sharing Plans in Michigan

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN?
As of the 2023 Form 5500 filing, WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN holds $16M in total assets with 498 participants. It is sponsored by LUTHERAN HOMES OF MICHIGAN, INC.
What type of plan is WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN?
WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN is a Profit Sharing plan. It has been effective since 1989-01-01. The plan is filed with the U.S. Department of Labor under EIN 381358410.
Who sponsors the WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN?
WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN is sponsored by LUTHERAN HOMES OF MICHIGAN, INC, located in Michigan. The sponsor's EIN is 381358410 and the plan operates in the Healthcare & Social Assistance industry.
How did WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN perform in 2023?
WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN grew by 9.9% during 2023, moving from $14M to $16M in total assets. Net income was $1M.
Where can I find official filings for WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN?
Official Form 5500 filings for WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381358410 or plan name at efast.dol.gov.
How does WELLSPRING SENIOR SUPPORT SERVICES 403(B) RETIREMENT PLAN compare to other plans?
You can compare WELLSPRING SENIOR SUPPORT SERVICES 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 381358410.

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

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

Data sourced from official public datasets. See our methodology for details.