The Midwest Trust Company Profit Sharing 401k Plan — Form 5500 plan (The Midwest Trust Company)
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 Midwest Trust Company Profit Sharing 401k Plan is a benefit plan reported by The Midwest Trust Company under EIN 48-1138946 and plan number 001. The latest loaded filing year is 2023. The filing reports 192 participants and $32,020,953 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Midwest Trust Company
- EIN
- 48-1138946
- Plan number
- 001
- Plan type
- 2
- Location
- Overland Park, KS
- Latest filing year
- 2023
- Participants
- 192
- End-of-year plan assets
- $32,020,953
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 192 | H, C | 20240807152115NAL0008616338001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $32,020,953
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $32,020,953
- Net assets (BOY)
- $25,971,786
Income & contributions
- Employer contributions
- $1,287,913
- Participant contributions
- $1,699,059
- Total contributions
- $3,233,868
- Total income / additions
- $7,862,913
Expenses & distributions
- Benefits paid
- $1,805,717
- Administrative expenses
- $8,029
- Total expenses
- $1,813,746
- Net increase / (decrease)
- $6,049,167
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Tpp Retirement Plan Specialists, Ll | RECORDKEEPER | $7,443 | $0 | 2023 |