Michigan Credit Union League 401(k) match, vesting and fees
What Michigan Credit Union League's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Cmfg Life Insurance Company | Schedule C ↗ |
| Independent auditor | Doeren Mayhew Assurance (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 105 defined-contribution plans in finance and insurance with 10,000 to 49,999 participants.
| Michigan Credit Union League: employer contribution per participant | $2,194 | |
| Peer median | $3,632 |
| Michigan Credit Union League: average balance | $67,243 | |
| Peer median | $158,114 |
| Michigan Credit Union League: admin expenses ÷ assets | 0.19% | |
| Peer median | 0.05% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $902M at the end of plan year 2021 to $996M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 15,666 | $996M | $32.5M | $2,194 | 0.19% | Not published | Form 5500 ↗ |
| 2023 | 15,630 | $904M | $30.8M | $2,080 | 0.23% | Not published | Form 5500 ↗ |
| 2022 | 15,044 | $760M | $29.8M | $2,105 | 0.22% | Not published | Form 5500 ↗ |
| 2021 | 13,798 | $902M | $27.5M | $2,142 | 0.23% | Not published | Form 5500 ↗ |
Common questions
Does Michigan Credit Union League match 401(k) contributions?
The match terms for the Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $32.5M in employer contributions, about $2,194 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Michigan Credit Union League 401(k) match vested?
The vesting schedule for the Retirement Plan for Michigan Credit Union Employees 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Michigan Credit Union League 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Cmfg Life Insurance Company. The plan administrator is Admin Committee for Rtmt Plan for Michigan Cu Emp 401(k) Savings Plan.
I left Michigan Credit Union League. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Admin Committee for Rtmt Plan for Michigan Cu Emp 401(k) Savings Plan, (800) 262-6285) or the recordkeeper, Cmfg Life Insurance Company. The Michigan Credit Union League old 401(k) page lists the contacts from every plan filing. Find an old Michigan Credit Union League 401(k)
Data from the public Form 5500 annual reports Michigan Credit Union League filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Michigan Credit Union League. Not financial advice. Report a correction · Methodology