Midwest Machinery Co. 401(K) Plan — Form 5500 plan (Minnesota Ag Power, Inc. Dba Midwest Machinery Co.)
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 Machinery Co. 401(K) Plan is a benefit plan reported by Minnesota Ag Power, Inc. Dba Midwest Machinery Co. under EIN 20-0145525 and plan number 001. The latest loaded filing year is 2023. The filing reports 872 participants and $48,746,839 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Minnesota Ag Power, Inc. Dba Midwest Machinery Co.
- EIN
- 20-0145525
- Plan number
- 001
- Plan type
- 2
- Location
- Glencoe, MN
- Latest filing year
- 2023
- Participants
- 872
- End-of-year plan assets
- $48,746,839
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 872 | H, C | 20240924080327NAL0004554035001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $48,746,839
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $48,746,839
- Net assets (BOY)
- $39,525,694
Income & contributions
- Employer contributions
- $1,465,043
- Participant contributions
- $3,345,167
- Total contributions
- $5,553,556
- Total income / additions
- $12,738,289
Expenses & distributions
- Benefits paid
- $3,362,357
- Administrative expenses
- $150,097
- Total expenses
- $3,517,144
- Net increase / (decrease)
- $9,221,145
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ledge Wealth Management Inc | INVESTMENT ADVISOR | $85,480 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company O | RECORDKEEPER | $49,920 | $0 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $14,697 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Minnesota Ag Power, Inc. Dba Midwest Machinery Co.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Glencoe, MN
- Ledge Wealth Management Inc — Schedule C compensation
- Empower Annuity Insurance Company O — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation