Mgp Ingredients Non-Union 401(K) & Profit Sharing Plan — Form 5500 plan (Mgpi Processing, 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, Mgp Ingredients Non-Union 401(K) & Profit Sharing Plan is a benefit plan reported by Mgpi Processing, Inc. under EIN 48-0531200 and plan number 006. The latest loaded filing year is 2023. The filing reports 498 participants and $51,742,880 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Mgpi Processing, Inc.
EIN
48-0531200
Plan number
006
Plan type
2
Location
Atchison, KS
Latest filing year
2023
Participants
498
End-of-year plan assets
$51,742,880

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023498H, C20241009163144NAL0010843811001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$51,742,880
Total liabilities (EOY)
$0
Net assets (EOY)
$51,742,880
Net assets (BOY)
$43,290,633

Income & contributions

Employer contributions
$2,025,540
Participant contributions
$3,135,322
Total contributions
$6,036,969
Total income / additions
$14,268,822

Expenses & distributions

Benefits paid
$5,727,250
Administrative expenses
$94,010
Total expenses
$5,821,260
Net increase / (decrease)
$8,447,562

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Frontier Wealth Management LLCADVISOR$35,054not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$30,428$02023
Mma SecuritiesADVISOR$28,528not reported in the loaded dataset2023

Related Form 5500 pages