Midwest Transit Equipment, Inc. Profit Sharing 401(K) Plan And Trust — Form 5500 plan (Midwest Transit Equipment, 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 Transit Equipment, Inc. Profit Sharing 401(K) Plan And Trust is a benefit plan reported by Midwest Transit Equipment, Inc. under EIN 36-3033895 and plan number 001. The latest loaded filing year is 2023. The filing reports 348 participants and $24,724,719 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midwest Transit Equipment, Inc.
- EIN
- 36-3033895
- Plan number
- 001
- Plan type
- 2
- Location
- Kankakee, IL
- Latest filing year
- 2023
- Participants
- 348
- End-of-year plan assets
- $24,724,719
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 348 | H, C | 20240731144622NAL0012786147001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $24,724,719
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $24,724,719
- Net assets (BOY)
- $23,290,421
Income & contributions
- Employer contributions
- $571,833
- Participant contributions
- $1,076,757
- Total contributions
- $1,736,601
- Total income / additions
- $5,260,447
Expenses & distributions
- Benefits paid
- $3,697,847
- Administrative expenses
- $128,302
- Total expenses
- $3,826,149
- Net increase / (decrease)
- $1,434,298
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Busey Wealth Management | NONE | $95,742 | not reported in the loaded dataset | 2023 |
| Epic Retirement Plan Services | NONE | $27,534 | $0 | 2023 |
| Charles Schwab Trust Bank | NONE | $0 | $5,026 | 2023 |
| Charles Schwab & Co., Inc. | NONE | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Midwest Transit Equipment, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Kankakee, IL
- Busey Wealth Management — Schedule C compensation
- Epic Retirement Plan Services — Schedule C compensation
- Charles Schwab Trust Bank — Schedule C compensation
- Charles Schwab & Co., Inc. — Schedule C compensation