Midwest Overhead Crane 401(K) Savings Plan — Form 5500 plan (Midwest Overhead Crane 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, Midwest Overhead Crane 401(K) Savings Plan is a benefit plan reported by Midwest Overhead Crane Corporation under EIN 41-1975429 and plan number 001. The latest loaded filing year is 2023. The filing reports 59 participants and $566,984 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$567KPlan net assets, end of year$566,984
Participants59Covered participants reported
Assets / participant$9.6KComputed: assets ÷ participants$9,610 (computed)
Provider compensationNone reported
Plan sponsor
Midwest Overhead Crane Corporation
EIN
41-1975429
Plan number
001
Plan type
2
Location
Ramsey, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202359I20241022075645NAL0001783203001
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)$567K total assets
Net assets$567KLiabilities$0
Money in vs. money out
Total income / additions$398.6K
Total expenses$2.6M
Benefits paid / distributions$2.6M
Contributions
Employer$10.4K
Participant$20.6K
Full reported line items

Net assets

Total assets (EOY)
$566,984
Total liabilities (EOY)
$0
Net assets (EOY)
$566,984
Net assets (BOY)
$2,805,108

Income & contributions

Employer contributions
$10,424
Participant contributions
$20,644
Total income / additions
$398,601

Expenses & distributions

Benefits paid
$2,621,705
Administrative expenses
$15,020
Total expenses
$2,636,725
Net increase / (decrease)
-$2,238,124
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 34%Participant 66%
Total expenses ÷ net assets465%Computed ratio
Benefits paid ÷ total income658%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages