Midlands Packaging Corp 401(K) Profit Sharing Plan — Form 5500 plan (Midlands Packaging 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, Midlands Packaging Corp 401(K) Profit Sharing Plan is a benefit plan reported by Midlands Packaging Corporation under EIN 47-0540863 and plan number 001. The latest loaded filing year is 2023. The filing reports 187 participants and $17,323,344 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$17.3MPlan net assets, end of year$17,323,344
Participants187Covered participants reported
Assets / participant$92.6KComputed: assets ÷ participants$92,638 (computed)
Provider compensation$3.9K1 Schedule C provider row(s)$3,863
- Plan sponsor
- Midlands Packaging Corporation
- EIN
- 47-0540863
- Plan number
- 001
- Plan type
- 2
- Location
- Lincoln, NE
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 187 | H, C | 20240917125002NAL0002816529001 |
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)$17.3M total assets
Net assets$17.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $17,323,344
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,323,344
- Net assets (BOY)
- $16,173,512
Income & contributions
- Employer contributions
- $174,094
- Participant contributions
- $620,975
- Total contributions
- $912,235
- Total income / additions
- $3,401,215
Expenses & distributions
- Benefits paid
- $2,247,520
- Administrative expenses
- $3,863
- Total expenses
- $2,251,383
- Net increase / (decrease)
- $1,149,832
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.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets13%Computed ratio
Benefits paid ÷ total income66%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ameritas Life Insurance Corp. | RECORDKEEPER | $3,863 | $0 | 2023 |