2023 Form 5500 filing — Midwest Transit Equipment, Inc. Profit Sharing 401(K) Plan And Trust
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240731144622NAL0012786147001) for Midwest Transit Equipment, Inc. Profit Sharing 401(K) Plan And Trust, reported by Midwest Transit Equipment, Inc. under EIN 36-3033895 and plan number 001. It reports 348 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240731144622NAL0012786147001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midwest Transit Equipment, Inc.
- EIN
- 36-3033895
- Plan number
- 001
- Location
- Kankakee, IL
- Participants
- 348
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $24,724,719
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,724,719
- Employer contributions
- $571,833
- Participant contributions
- $1,076,757
- Total income / additions
- $5,260,447
- Benefits paid
- $3,697,847
- Administrative expenses
- $128,302
- Total expenses
- $3,826,149
- Net increase / (decrease)
- $1,434,298
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Busey Wealth Management | NONE | $95,742 | not reported in the loaded dataset |
| Epic Retirement Plan Services | NONE | $27,534 | $0 |
| Charles Schwab Trust Bank | NONE | $0 | $5,026 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 |