Midan Marketing Inc. Employee Stock Ownership Plan — Form 5500 plan (Midan Marketing, 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, Midan Marketing Inc. Employee Stock Ownership Plan is a benefit plan reported by Midan Marketing, Inc. under EIN 20-1811312 and plan number 003. The latest loaded filing year is 2023. The filing reports 119 participants and $2,189,000 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)-$1.6MPlan net assets, end of year-$1,603,036
Participants119Covered participants reported
Assets / participant$18.4KComputed: assets ÷ participants$18,395 (computed)
Provider compensationNone reported
Plan sponsor
Midan Marketing, Inc.
EIN
20-1811312
Plan number
003
Plan type
2
Location
Mooresville, NC
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023119I20240718083315NAL0011291202001
Schedule I · 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)$2.2M total assets
Net assets-$1.6MLiabilities$3.8M
Money in vs. money out
Total income / additions-$2M
Total expenses$86.2K
Benefits paid / distributions$8.7K
Contributions
Employer$925.7K
Participant$0
Full reported line items

Net assets

Total assets (EOY)
$2,189,000
Total liabilities (EOY)
$3,792,036
Net assets (EOY)
-$1,603,036
Net assets (BOY)
$473,499

Income & contributions

Employer contributions
$925,681
Participant contributions
$0
Total income / additions
-$1,990,319

Expenses & distributions

Benefits paid
$8,681
Administrative expenses
$0
Total expenses
$86,216
Net increase / (decrease)
-$2,076,535
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.

Contribution share (employer vs. participant)
Employer 100%Participant 0%

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages