Defined Benefit (Pension)
2023 plan-year Defined Benefit (Pension) DOL Form 5500

Employee Benefits Plan of Methodist Children's Home Society

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

Sponsored by Methodist Children's Home Society Β· Michigan Β· Healthcare & Social Assistance

What the 2023 filing shows

Employee Benefits Plan of Methodist Children's Home Society holds $9M for 26 participants - about $354,020 per participant, down 2.1% over the 2023 plan year.

$9M
total plan assets (2023 EOY)
26
covered participants
$354,020
avg assets per participant
-2.1%
assets change YoY

The plan reported a net loss of $198K for the year β€” a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$9M
Participants
26
State
Industry
Healthcare & Social Assistance

What the Filing Says About Employee Benefits Plan of Methodist Children's Home Society

Employee Benefits Plan of Methodist Children's Home Society is a Defined Benefit (Pension) retirement plan sponsored by Methodist Children's Home Society, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 26 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 381240951, and the plan has been effective since 1996-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2023 to $9M at year-end β€” a decline of 2.1%. Net assets (after liabilities) closed the year at $9M, with reported net income of $-197,757 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)$9M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$-197,757
Plan TypeDefined Benefit (Pension)
Employer EIN381240951
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Methodist Children's Home Society)

Year Plans Participants Total Assets
2022 2 217 $10M
2023 2 154 $10M
2024 2 167 $9M

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 Employee Benefits Plan of Methodist Children's Home Society?
As of the 2023 Form 5500 filing, Employee Benefits Plan of Methodist Children's Home Society holds $9M in total assets with 26 participants. It is sponsored by Methodist Children's Home Society.
What type of plan is Employee Benefits Plan of Methodist Children's Home Society?
Employee Benefits Plan of Methodist Children's Home Society is a Defined Benefit (Pension) plan. It has been effective since 1996-01-01. The plan is filed with the U.S. Department of Labor under EIN 381240951.
Who sponsors the Employee Benefits Plan of Methodist Children's Home Society?
Employee Benefits Plan of Methodist Children's Home Society is sponsored by Methodist Children's Home Society, located in Michigan. The sponsor's EIN is 381240951 and the plan operates in the Healthcare & Social Assistance industry.
How did Employee Benefits Plan of Methodist Children's Home Society perform in 2023?
Employee Benefits Plan of Methodist Children's Home Society declined by 2.1% during 2023, moving from $9M to $9M in total assets. Net income was $-197,757.
Where can I find official filings for Employee Benefits Plan of Methodist Children's Home Society?
Official Form 5500 filings for Employee Benefits Plan of Methodist Children's Home Society are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 381240951 or plan name at efast.dol.gov.
How does Employee Benefits Plan of Methodist Children's Home Society compare to other plans?
You can compare Employee Benefits Plan of Methodist Children's Home Society 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 381240951.

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.