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, Mid-Michigan Industries, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Mid-Michigan Industries, Inc. under EIN 38-2001352 and plan number 001. The latest loaded filing year is 2023. The filing reports 200 participants and $2,726,833 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,726,833
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,726,833
- Net assets (BOY)
- $2,266,789
Income & contributions
- Employer contributions
- $46,880
- Participant contributions
- $111,306
- Total contributions
- $158,186
- Total income / additions
- $628,810
Expenses & distributions
- Benefits paid
- $156,352
- Administrative expenses
- $12,414
- Total expenses
- $168,766
- Net increase / (decrease)
- $460,044