Midwest Petroleum Company Profit Sharing And 401(K) Plan — Form 5500 plan (Midwest Petroleum Company)
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 Petroleum Company Profit Sharing And 401(K) Plan is a benefit plan reported by Midwest Petroleum Company under EIN 43-0621968 and plan number 001. The latest loaded filing year is 2023. The filing reports 381 participants and $5,723,600 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.7MPlan net assets, end of year$5,723,600
Participants381Covered participants reported
Assets / participant$15KComputed: assets ÷ participants$15,023 (computed)
Provider compensation$28.7K3 Schedule C provider row(s)$28,682
- Plan sponsor
- Midwest Petroleum Company
- EIN
- 43-0621968
- Plan number
- 001
- Plan type
- 2
- Location
- Manchester, MO
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 381 | H, C | 20241001115453NAL0006685521001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.7M total assets
Net assets$5.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $5,723,600
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $5,723,600
- Net assets (BOY)
- $4,692,226
Income & contributions
- Employer contributions
- $94,235
- Participant contributions
- $519,639
- Total contributions
- $643,180
- Total income / additions
- $1,364,095
Expenses & distributions
- Benefits paid
- $314,654
- Administrative expenses
- $16,448
- Total expenses
- $332,721
- Net increase / (decrease)
- $1,031,374
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
15%85%
Employer 15%Participant 85%
Total expenses ÷ net assets6%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $16,448 | $0 | 2023 |
| First Heartland Consultants, Inc | INVESTMENT ADVISORY | $0 | $12,234 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Midwest Petroleum Company
- 2023 Form 5500 filing
- Form 5500 filings in MO
- 401(k) and benefit plan filings in Manchester, MO
- Principal Life Insurance Company — Schedule C compensation
- First Heartland Consultants, Inc — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation