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, Midland States Bank 401(K) Profit Sharing Plan is a benefit plan reported by Midland States Bank under EIN 37-0259550 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,221 participants and $116,009,219 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $116,009,219
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $116,009,219
- Net assets (BOY)
- $97,150,540
Income & contributions
- Employer contributions
- $1,955,235
- Participant contributions
- $5,885,745
- Total contributions
- $9,318,441
- Total income / additions
- $29,536,686
Expenses & distributions
- Benefits paid
- $10,570,804
- Administrative expenses
- $107,203
- Total expenses
- $10,678,007
- Net increase / (decrease)
- $18,858,679