Midwest Banc Holding Company 401(K) And Profit Sharing Plan — Form 5500 plan (Midwest Banc Holding 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 Banc Holding Company 401(K) And Profit Sharing Plan is a benefit plan reported by Midwest Banc Holding Company under EIN 47-0650713 and plan number 002. The latest loaded filing year is 2023. The filing reports 221 participants and $33,771,634 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Midwest Banc Holding Company
- EIN
- 47-0650713
- Plan number
- 002
- Plan type
- 2
- Location
- Pierce, NE
- Latest filing year
- 2023
- Participants
- 221
- End-of-year plan assets
- $33,771,634
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 221 | H, C | 20241007105849NAL0015961169001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $33,771,634
- Total liabilities (EOY)
- $25,764
- Net assets (EOY)
- $33,745,870
- Net assets (BOY)
- $27,954,428
Income & contributions
- Employer contributions
- $1,041,183
- Participant contributions
- $1,118,677
- Total contributions
- $2,612,433
- Total income / additions
- $7,239,352
Expenses & distributions
- Benefits paid
- $1,348,676
- Administrative expenses
- $99,234
- Total expenses
- $1,447,910
- Net increase / (decrease)
- $5,791,442
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Union Bank & Trust Company | NONE | $99,234 | $0 | 2023 |
| Matrix Clearence And Settlement | NONE | $0 | $0 | 2023 |