Midwest Regional Bancorp, Inc. 401(K) Plan — Form 5500 plan (Midwest Regional Bancorp, Inc.)
Plain-English plan 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, Midwest Regional Bancorp, Inc. 401(K) Plan is a benefit plan reported by Midwest Regional Bancorp, Inc. under EIN 20-8080592 and plan number 001. The latest loaded filing year is 2023. The filing reports 236 participants and $7,257,532 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midwest Regional Bancorp, Inc.
- EIN
- 20-8080592
- Plan number
- 001
- Plan type
- 2
- Location
- Festus, MO
- Latest filing year
- 2023
- Participants
- 236
- End-of-year plan assets
- $7,257,532
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 236 | H, C | 20241015103304NAL0016153987001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,257,532
- Total liabilities (EOY)
- $610
- Net assets (EOY)
- $7,256,922
- Net assets (BOY)
- $6,564,624
Income & contributions
- Employer contributions
- $465,799
- Participant contributions
- $505,642
- Total contributions
- $1,038,839
- Total income / additions
- $1,637,416
Expenses & distributions
- Benefits paid
- $902,704
- Administrative expenses
- $30,702
- Total expenses
- $945,118
- Net increase / (decrease)
- $692,298
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Transce3nd LLC | ADVISORY | $19,038 | $0 | 2023 |
| Nationwide | RECORDKEEPER | $11,512 | $0 | 2023 |
| Gateway Pension Services, Ltd. | CONTRACT ADMINISTRATOR | $9,925 | $0 | 2023 |
| Active Core-Passive Through Targetd | ADVISORY | $3,174 | $0 | 2023 |
| Nationwide Life Insurance Company | RECORDKEEPER | $635 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Midwest Regional Bancorp, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MO
- 401(k) and benefit plan filings in Festus, MO
- Transce3nd LLC — Schedule C compensation
- Nationwide — Schedule C compensation
- Gateway Pension Services, Ltd. — Schedule C compensation
- Active Core-Passive Through Targetd — Schedule C compensation
- Nationwide Life Insurance Company — Schedule C compensation