2023 Form 5500 filing — Midwest Industries, Inc. Retirement Income Savings Plan
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 20240903143824NAL0010606275001) for Midwest Industries, Inc. Retirement Income Savings Plan, reported by Midwest Industries, Inc. under EIN 42-0734017 and plan number 001. It reports 412 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903143824NAL0010606275001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midwest Industries, Inc.
- EIN
- 42-0734017
- Plan number
- 001
- Location
- Ida Grove, IA
- Participants
- 412
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $20,087,746
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $20,087,746
- Employer contributions
- $259,618
- Participant contributions
- $717,556
- Total income / additions
- $3,724,173
- Benefits paid
- $1,302,644
- Administrative expenses
- $54,447
- Total expenses
- $1,359,546
- Net increase / (decrease)
- $2,364,627
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $26,312 | $0 |
| Us Bancorp Investments Inc | BROKER/ADVISER | $0 | $14,862 |
| Mcgladrey Llp | AUDITOR | $13,125 | not reported in the loaded dataset |
| Envestnet Retirement Solutions, LLC | OTHER | $7,413 | not reported in the loaded dataset |
| Northwestern Mutual Wealth Mgmt Co | INVESTMENT ADVISOR | $4,630 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,967 | not reported in the loaded dataset |