Midwest Community Bancshares, Inc. Safe Harbor 401(K) Plan — Form 5500 plan (Midwest Community Bancshares, 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 Community Bancshares, Inc. Safe Harbor 401(K) Plan is a benefit plan reported by Midwest Community Bancshares, Inc. under EIN 36-4148677 and plan number 001. The latest loaded filing year is 2023. The filing reports 174 participants and $14,761,638 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Midwest Community Bancshares, Inc.
EIN
36-4148677
Plan number
001
Plan type
2
Location
Marion, IL
Latest filing year
2023
Participants
174
End-of-year plan assets
$14,761,638

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023174H, C20241014114035NAL0014858099001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,761,638
Total liabilities (EOY)
$0
Net assets (EOY)
$14,761,638
Net assets (BOY)
$13,072,194

Income & contributions

Employer contributions
$264,188
Participant contributions
$518,168
Total contributions
$782,356
Total income / additions
$2,988,050

Expenses & distributions

Benefits paid
$1,260,330
Administrative expenses
$38,276
Total expenses
$1,298,606
Net increase / (decrease)
$1,689,444

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Great-West Life & Annuity InsuranceRECORDKEEPER$18,266$02023
Benefit Plans PlusTHIRD PARTY ADMINISTRATO$11,283not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$2,936not reported in the loaded dataset2023

Related Form 5500 pages