The Mid-America Management Corporation Retirement Savings Plan — Form 5500 plan (The Mid-America Management Corporation)
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, The Mid-America Management Corporation Retirement Savings Plan is a benefit plan reported by The Mid-America Management Corporation under EIN 34-1011870 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $10,324,102 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.3MPlan net assets, end of year$10,324,102
Participants184Covered participants reported
Assets / participant$56.1KComputed: assets ÷ participants$56,109 (computed)
Provider compensation$66.4K3 Schedule C provider row(s)$66,371
- Plan sponsor
- The Mid-America Management Corporation
- EIN
- 34-1011870
- Plan number
- 001
- Plan type
- 2
- Location
- Beachwood, OH
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 184 | H, C | 20241014124318NAL0014940547001 |
Schedule H · 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)$10.3M total assets
Net assets$10.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $10,324,102
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,324,102
- Net assets (BOY)
- $9,324,099
Income & contributions
- Employer contributions
- $537,411
- Participant contributions
- $697,285
- Total contributions
- $1,247,005
- Total income / additions
- $2,673,442
Expenses & distributions
- Benefits paid
- $1,614,385
- Administrative expenses
- $59,054
- Total expenses
- $1,673,439
- Net increase / (decrease)
- $1,000,003
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.
44%56%
Employer 44%Participant 56%
Total expenses ÷ net assets16%Computed ratio
Benefits paid ÷ total income60%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $32,483 | $0 | 2023 |
| Global Retirement Partners LLC | INVESTMENT ADVISOR | $31,611 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $2,277 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Mid-America Management Corporation
- 2023 Form 5500 filing
- Form 5500 filings in OH
- 401(k) and benefit plan filings in Beachwood, OH
- Empower Annuity Insurance Company O — Schedule C compensation
- Global Retirement Partners LLC — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation