Plan5500

Defined Benefit Pension Plan For Former Heartland Bank Employees — Form 5500 plan (Midland States Bank)

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, Defined Benefit Pension Plan For Former Heartland Bank Employees is a benefit plan reported by Midland States Bank under EIN 37-0259550 and plan number 003. The latest loaded filing year is 2023. The filing reports 221 participants and $12,019,959 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Midland States Bank
EIN
37-0259550
Plan number
003
Plan type
2
Location
Effingham, IL
Latest filing year
2023
Participants
221
End-of-year plan assets
$12,019,959

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023221H, C20250402165321NAL0017834290001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,019,959
Total liabilities (EOY)
$0
Net assets (EOY)
$12,019,959
Net assets (BOY)
$12,766,152

Income & contributions

Total contributions
$0
Total income / additions
$64,248

Expenses & distributions

Benefits paid
$683,896
Administrative expenses
$126,545
Total expenses
$810,441
Net increase / (decrease)
-$746,193

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$95,861$02023
Principal Global Investors, LLCINVESTMENT ADVISORY$9,468not reported in the loaded dataset2023

Related Form 5500 pages