Midrex 401(K) Plan — Form 5500 plan (Midrex Technologies, 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, Midrex 401(K) Plan is a benefit plan reported by Midrex Technologies, Inc. under EIN 52-1791274 and plan number 002. The latest loaded filing year is 2023. The filing reports 217 participants and $57,150,743 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Midrex Technologies, Inc.
EIN
52-1791274
Plan number
002
Plan type
2
Location
Charlotte, NC
Latest filing year
2023
Participants
217
End-of-year plan assets
$57,150,743

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023217H, C20241004073457NAL0022053490001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$57,150,743
Total liabilities (EOY)
$0
Net assets (EOY)
$57,150,743
Net assets (BOY)
$47,212,417

Income & contributions

Employer contributions
$1,510,377
Participant contributions
$2,086,094
Total contributions
$5,242,731
Total income / additions
$12,751,993

Expenses & distributions

Benefits paid
$2,706,278
Administrative expenses
$107,389
Total expenses
$2,813,667
Net increase / (decrease)
$9,938,326

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance CompanyRECORDKEEPER$94,373$02023
MmlisBROKER/ADVISER$0$66,6912023
Empower Advisory Group, LLCINVESTMENT MGMT$5not reported in the loaded dataset2023

Related Form 5500 pages