401(k)
2023 plan-year 401(k) DOL Form 5500

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan

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

Sponsored by Michigan Credit Union League Β· Michigan Β· Finance & Insurance

What the 2023 filing shows

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan holds $904M for 9,036 participants - about $100,010 per participant, up 18.9% over the 2023 plan year.

$904M
total plan assets (2023 EOY)
9,036
covered participants
$100,010
avg assets per participant
+18.9%
assets growth YoY
Total Assets (2023)
$904M
Participants
9,036
State
Industry
Finance & Insurance

What the Filing Says About Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan

Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan is a 401(k) retirement plan sponsored by Michigan Credit Union League, headquartered in Michigan. As of the 2023 Form 5500 filing, the plan reports $904M in total end-of-year assets and covers 9,036 participants across the Finance & Insurance industry. The sponsor's EIN on file with the U.S. Department of Labor is 380826778, and the plan has been effective since 1997-07-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $760M at the beginning of 2023 to $904M at year-end β€” a gain of 18.9%. Net assets (after liabilities) closed the year at $904M, with reported net income of $141M 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)$760M
Total Assets (End of Year)$904M
Net Assets (End of Year)$904M
Net Income$141M
Plan Type401(k)
Employer EIN380826778
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Michigan Credit Union League)

Year Plans Participants Total Assets
2022 1 8,928 $760M
2023 1 9,036 $904M
2024 1 9,086 $996M

Nearby 401(k) Plans in Michigan

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

Frequently Asked Questions

How much money is in the Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan?
As of the 2023 Form 5500 filing, Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan holds $904M in total assets with 9,036 participants. It is sponsored by Michigan Credit Union League.
What type of plan is Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan?
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan is a 401(k) plan. It has been effective since 1997-07-01. The plan is filed with the U.S. Department of Labor under EIN 380826778.
Who sponsors the Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan?
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan is sponsored by Michigan Credit Union League, located in Michigan. The sponsor's EIN is 380826778 and the plan operates in the Finance & Insurance industry.
How did Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan perform in 2023?
Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan grew by 18.9% during 2023, moving from $760M to $904M in total assets. Net income was $141M.
Where can I find official filings for Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan?
Official Form 5500 filings for Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 380826778 or plan name at efast.dol.gov.
How does Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan compare to other plans?
You can compare Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) β€” original filing retrieval by EIN 380826778.

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.