2023 Form 5500 filing — Midea America Corporation 401(K) Profit Sharing 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 20241010141342NAL0036033584001) for Midea America Corporation 401(K) Profit Sharing Plan And Trust, reported by Midea America Corporation under EIN 20-0487988 and plan number 001. It reports 285 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$17MReported net assets$16,964,866
Participants285
Provider compensation$63.6K3 Schedule C row(s)$63,562
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010141342NAL0036033584001
Plan sponsor
Midea America Corporation
EIN
20-0487988
Plan number
001
Location
Parsippany, NJ
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$17M total assets
Net assets$17MLiabilities$0
Money in vs. money out
Total income / additions$7.2M
Total expenses$1.4M
Benefits paid / distributions$1.4M
Contributions
Employer$991.7K
Participant$2.3M
Full reported line items
Total assets (EOY)
$16,964,866
Total liabilities (EOY)
$0
Net assets (EOY)
$16,964,866
Employer contributions
$991,745
Participant contributions
$2,267,630
Total income / additions
$7,193,456
Benefits paid
$1,384,638
Administrative expenses
$44,763
Total expenses
$1,447,869
Net increase / (decrease)
$5,745,587
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    CONTRACT ADMINISTRATOR · Direct $44.8K · Indirect $0
  2. 2
    OTHER SERVICES · Direct $0 · Indirect $10.3K
  3. 3
    CONSULTANT · Direct $0 · Indirect $8.5K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241010141342NAL0036033584001 cover?
It is the 2023 Form 5500 filing for Midea America Corporation 401(K) Profit Sharing Plan And Trust, reported by Midea America Corporation (EIN 20-0487988).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages