2023 Form 5500 filing — Midwest Technical Institute 401k 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 20241010155214NAL0020474641001) for Midwest Technical Institute 401k Plan, reported by Midwest Technical Institute, Inc. under EIN 37-1347328 and plan number 001. It reports 347 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010155214NAL0020474641001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midwest Technical Institute, Inc.
- EIN
- 37-1347328
- Plan number
- 001
- Location
- Springfield, IL
- Participants
- 347
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,566,315
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,566,315
- Employer contributions
- $302,849
- Participant contributions
- $455,159
- Total income / additions
- $1,719,022
- Benefits paid
- $399,046
- Administrative expenses
- $47,912
- Total expenses
- $446,958
- Net increase / (decrease)
- $1,272,064
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Bos Asset Management, LLC | RIA SERVICES | $0 | $20,652 |
| John Hancock Life Insurance Company | RECORDKEEPER | $1,500 | $0 |