| HONOR CREDIT UNION | $69,079,578 | $57,783,763 |
| WOLVERINE POWER MARKETING COOPERATIVE INC | $57,588,391 | $57,588,391 |
| MADONNA UNIVERSITY | $55,791,432 | $57,386,062 |
| CREDIT UNION ONE | $66,716,893 | $57,212,950 |
| CREDIT UNION CHARTERED IN THE STATE OF COMMUNITY CHOICE CREDIT UNION | $64,553,439 | $57,129,527 |
| PENNOCK HOSPITAL | $55,375,814 | $57,105,454 |
| HERMAN MILLER INC BENEFITS TRUST | $54,019,180 | $57,068,844 |
| INTEGRATED CARE PARTNERSINC | $57,109,224 | $56,978,020 |
| ELECTRICAL WORKERS INSURANCE FUND | $65,304,291 | $55,922,974 |
| CONSUMERS CREDIT UNION | $68,117,784 | $55,731,856 |
| DETROIT EMPLOYMENT SOLUTIONS CORPORATION | $58,996,318 | $55,388,298 |
| SPARROW IONIA HOSPITAL | $58,142,034 | $55,262,847 |
| ASCENSION ST JOSEPH HOSPITAL | $53,761,080 | $53,959,637 |
| MIDMICHIGAN MEDICAL CENTER CLARE | $57,370,012 | $53,466,552 |
| REED CITY HOSPITAL CORPORATION | $58,624,261 | $53,338,166 |
| KELLOGG COMPANY RETIRED EES WELFARE BENEFIT TRUST FOR CBE | $27,297,757 | $53,285,284 |
| CHERRYLAND ELECTRIC COOPERATIVE INC | $54,464,304 | $53,207,470 |
| MICHIGAN SCHOOLS AND GOVERNMENT CREDIT UNION | $75,254,277 | $53,187,529 |
| TRI-COUNTY ELECTRIC COOPERATIVE | $51,720,249 | $52,994,211 |
| DOW CHEMICAL EMPLOYEES CREDIT UNION | $61,566,808 | $52,893,869 |
| NORTH OTTAWA COMMUNITY HOSPITAL | $52,129,939 | $52,892,569 |
| UAW-GM LEGAL SERVICES PLAN | $52,408,507 | $52,506,522 |
| PENINSULA GENERATION COOPERATIVE | $52,157,418 | $52,157,418 |
| MACKINAC STRAITS HEALTH SYSTEM INC | $52,270,622 | $52,028,895 |
| OPERATING ENGINEERS LOCAL 324 VACATION AND HOLIDAY FUND OF MICHIGAN | $53,391,956 | $51,866,929 |