Other · DOL Form 5500 · 2023

Michigan Virtual University Retirement Plan

Data updated 2026-08-25

$21M
Total assets Small plan by assets
393
Participants Below avg headcount
73rd
Percentile by assets National rank
$53,230
Avg per participant Low balance/head
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Official DOL plan name: Michigan Virtual University 403(b) Plan · Sponsored by Michigan Virtual University · Michigan · Educational Services

$21M in assets, 393 participants

Michigan Virtual University's Michigan Virtual University 403(b) Plan reported $21M in total assets and 393 participants in its 2023 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #2,107 in Educational Services (3,735 peers)

Michigan Virtual University multi-year trail

Michigan Virtual University's plans moved +40.6% in assets from 2022 to 2024; this filing shows Michigan Virtual University 403(b) Plan at $21M / 393 participants.

#2,107
in Educational Services (3,735 peers)
+22.4%
assets growth YoY

Michigan Virtual University 403(b) Plan's outsized position by total assets

Michigan Virtual University 403(b) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$20,919,484 Top 27% higher than 73% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Michigan Virtual University 403(b) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Michigan Virtual University 403(b) Plan sits mid-pack in the medium band (393 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Michigan Virtual University 403(b) Plan reported participants rose from 70 in the plan year 2022 filing to 393 in the plan year 2023 filing.
  • Michigan Virtual University 403(b) Plan reported net income rose from -$3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Michigan Virtual University 403(b) Plan end-of-year assets rose from $17M in the plan year 2022 filing to $21M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 383414105 · Michigan Virtual University PY 2023 · Other

Michigan Virtual University 403(b) Plan · $21M · 393 · 73rd

  • PCT $21M
  • EIN 393
  • RANK 73rd
  • PHOTO Other
  • IND near Faculty Student Association of State University College at Fredonia, New York, Inc. Retirement Plan
  • EOY ind #2107

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Educational Services retirement plans → · Plans in Michigan →

Michigan Virtual University 403(b) Plan in the asset neighbourhood

St. Anne's Episcopal School Defined Contribution Retirement PlanSt. Anne's Episcopal School …$21MMichigan Virtual University 403(b) PlanMichigan Virtual University …$21MFaculty Student Association of State University College at Fredonia, New York, Inc. Retirement PlanFaculty Student Association …$21MLyrasis PA 403(b) DC Plan$21MMidland University 403(b) Retirement Savings PlanMidland University 403(b) Re…$21M
End-of-year total assets ($M) among Michigan Virtual University 403(b) Plan and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

Michigan Virtual University multi-year asset trail

Sponsor-wide plan assets over time

All Michigan Virtual University plans reported in each filing year

Latest sponsor-wide plan assets
$24M 40.63967890047796% vs 2022
2024 filing year
$15M$20M$25M 202220232024 $17.1M $24M ▲ +40.7%
Year Plans Participants Total Assets
2022 1 70 $17M
2023 1 393 $21M
2024 1 377 $24M

Michigan Virtual University filing trail (2023)

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$21M
Net Income$4M
Employer EIN383414105
Plan Effective Date1999-01-01
Filing StatusFILING RECEIVED

Nearby Other Plans in Michigan

Peer Other plans, same state, same plan type, ranked by total assets.

Michigan Virtual University 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants Scatter plot of 6 data points. -200000200004000060000 -20246 Total assets ($B) Participants Michigan Virtual University 403(b) Plan, Total assets ($B): 0.020919484 · Participants: 393Michigan Virtual University 403(b) PlanFca US LLC Salaried Employees' Savings Plan, Total assets ($B): 4.820440935 · Participants: 16630Fca US LLC Salaried Employees' Savings PlanFca US LLC UAW Savings Plan, Total assets ($B): 4.690971139 · Participants: 49473Fca US LLC UAW Savings PlanBeaumont Health 403(b) Retirement Savings Plan, Total assets ($B): 2.628827189 · Participants: 33717Beaumont Health 403(b) Retirement Savings PlanHenry Ford Health System Heritage 403(b) Plan, Total assets ($B): 1.284257295 · Participants: 15298Henry Ford Health System Heritage 403(b) PlanBronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan, Total assets ($B): 1.034484808 · Participants: 8357Bronson Healthcare Group, Inc. 403(b) Tax Sheltered Matching Plan
Michigan Virtual University 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants

Michigan Virtual University 403(b) Plan's out-of-state Other peers by assets and headcount

Outside Michigan, the nearest Other by assets is Faculty Student Association of State University College at Fredonia, New York, Inc. Retirement Plan in NY ($21M); by covered participants it is American School for the Deaf Section 403(b) Retirement Plan in CT (393 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Michigan Virtual University 403(b) Plan assets move in 2023?
Michigan Virtual University 403(b) Plan grew sharply - up 22.4% during 2023, from $17M to $21M. Reported net income was $4M.
How have Michigan Virtual University plan assets changed over time?
Across 3 plan years on file (2022-2024), Michigan Virtual University's sponsor-wide assets grew 40.6%, from $17M to $24M.
Which Other plans are similar in size to Michigan Virtual University 403(b) Plan?
Among Other plans in other states, the closest by assets is Faculty Student Association of State University College at Fredonia, New York, Inc. Retirement Plan in NY ($21M, 93 participants).
Which Other plans cover a similar participant headcount to Michigan Virtual University 403(b) Plan?
Among Other plans in other states, the closest by covered participants is American School for the Deaf Section 403(b) Retirement Plan in CT (393 participants, $10M in assets).