Other · DOL Form 5500 · 2024

Michigan Virtual University Retirement Plan

Data updated 2026-08-11

$24M
Total assets
377
Participants
74th
Percentile by assets
$63,770
Avg per participant
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Official DOL plan name: Michigan Virtual University 403(b) Plan · Sponsored by Michigan Virtual University · Michigan · Educational Services

$24M in assets, 377 participants

Michigan Virtual University's Michigan Virtual University 403(b) Plan reported $24M in total assets and 377 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #2,087 in Educational Services (3,638 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 $24M / 377 participants.

$24M
total plan assets (2024 EOY)
377
covered participants
74th
percentile by assets (of 123,622 plans)
$63,770
avg assets per participant

Where Michigan Virtual University 403(b) Plan sits by total assets

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

End-of-year total assets · plan year 2024 · DOL Form 5500

$24,041,318 Top 26% higher than 74% of 123,620 filed plans

This plan $0 $2,010,000,000 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 2024

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Michigan Virtual University 403(b) Plan reported net income fell from $4M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Michigan Virtual University 403(b) Plan end-of-year assets rose from $21M in the plan year 2023 filing to $24M in the plan year 2024 filing.
  • Michigan Virtual University 403(b) Plan reported participants fell from 393 in the plan year 2023 filing to 377 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Michigan
Industry
Educational Services

Michigan Virtual University across 3 plan years on file

Across the 3 plan years Michigan Virtual University has on file (2022-2024), sponsor-wide plan assets have moved from $17M to $24M, a gain of 40.6%, while reported participants moved from 70 to 377 (+438.6%). Peak year by sponsor assets: 2024 ($24M); trough: 2022 ($17M).

Michigan Virtual University multi-year asset trail

$15M$20M$25M 202220232024 $17.1M $24M ▲ +40.7%
Total plan assets by year, all Michigan Virtual University plans on file
Year Plans Participants Total Assets
2022 1 70 $17M
2023 1 393 $21M
2024 1 377 $24M

Michigan Virtual University filing trail (2024)

Total Assets (Beginning of Year)$21M
Net Assets (End of Year)$24M
Net Income$3M
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. -1000001000020000300004000050000 -20246 Total assets ($B) Participants Michigan Virtual Uni…, Total assets ($B): 0.024041318 · Participants: 377Michigan Virtual Uni…Fca US LLC UAW Savin…, Total assets ($B): 5.195030475 · Participants: 44591Fca US LLC UAW Savin…Fca US LLC Salaried …, Total assets ($B): 5.094106866 · Participants: 15683Fca US LLC Salaried …Spectrum Health Syst…, Total assets ($B): 3.21382557 · Participants: 32821Spectrum Health Syst…Beaumont Health 403(…, Total assets ($B): 2.966016065 · Participants: 34160Beaumont Health 403(…Henry Ford Health Sy…, Total assets ($B): 1.412878823 · Participants: 14465Henry Ford Health Sy…
Michigan Virtual University 403(b) Plan vs. nearby Other plans in Michigan, assets vs. participants
Compare Michigan Virtual University 403(b) Plan side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to Michigan Virtual University 403(b) Plan by total assets, not by location.

Frequently Asked Questions

How did Michigan Virtual University 403(b) Plan assets move in 2024? ▼
Michigan Virtual University 403(b) Plan grew at a solid clip - up 14.9% during 2024, from $21M to $24M. Reported net income was $3M.
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 H. B. Magruder Memorial Hospital 403(b) Plan in OH ($24M, 392 participants).

Next read for Michigan Virtual University 403(b) Plan

Multi-year trail

Ways to act on Michigan Virtual University 403(b) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 383414105.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.