2023 Form 5500 filing — Midwest Banc Holding Company 401(K) And Profit Sharing Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241007105849NAL0015961169001) for Midwest Banc Holding Company 401(K) And Profit Sharing Plan, reported by Midwest Banc Holding Company under EIN 47-0650713 and plan number 002. It reports 221 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241007105849NAL0015961169001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Midwest Banc Holding Company
- EIN
- 47-0650713
- Plan number
- 002
- Location
- Pierce, NE
- Participants
- 221
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $33,771,634
- Total liabilities (EOY)
- $25,764
- Net assets (EOY)
- $33,745,870
- Employer contributions
- $1,041,183
- Participant contributions
- $1,118,677
- Total income / additions
- $7,239,352
- Benefits paid
- $1,348,676
- Administrative expenses
- $99,234
- Total expenses
- $1,447,910
- Net increase / (decrease)
- $5,791,442
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Union Bank & Trust Company | NONE | $99,234 | $0 |
| Matrix Clearence And Settlement | NONE | $0 | $0 |