Midway Products Group, Inc. 401(K) Plan — Form 5500 plan (Midway Products Group, 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, Midway Products Group, Inc. 401(K) Plan is a benefit plan reported by Midway Products Group, Inc. under EIN 38-3025138 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,885 participants and $101,826,191 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$101.8MPlan net assets, end of year$101,826,191
Participants1.9KCovered participants reported1,885
Assets / participant$54KComputed: assets ÷ participants$54,019 (computed)
Provider compensation$157.1K2 Schedule C provider row(s)$157,143
- Plan sponsor
- Midway Products Group, Inc.
- EIN
- 38-3025138
- Plan number
- 002
- Plan type
- 2
- Location
- Monroe, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,885 | H, C | 20240730071421NAL0043076994001 |
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)$101.8M total assets
Net assets$101.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $101,826,191
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $101,826,191
- Net assets (BOY)
- $89,272,645
Income & contributions
- Employer contributions
- $1,592,182
- Participant contributions
- $5,481,871
- Total contributions
- $7,485,900
- Total income / additions
- $23,052,744
Expenses & distributions
- Benefits paid
- $10,432,771
- Administrative expenses
- $66,427
- Total expenses
- $10,499,198
- Net increase / (decrease)
- $12,553,546
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.
23%77%
Employer 23%Participant 77%
Total expenses ÷ net assets10%Computed ratio
Benefits paid ÷ total income45%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc | INVESTMENT ADVISORY | $0 | $90,716 | 2023 |
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $66,427 | $0 | 2023 |