Plan Snapshot
- Plan Sponsor: Midland Information Resources Company
- Sponsor EIN: 421468885
- Sponsor Address: 5440 CORPORATE PARK DRIVE, DAVENPORT, IA, 52807
- Plan Type: 401(k)
- Total Participants: 159
- Total Assets: $20.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 159 | $20.3M | $148,134 | $578,910 |
| 2023 | 222 | $19.8M | $159,868 | $621,913 |
| 2022 | 222 | $18.7M | $223,575 | $735,420 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| ANDERSON, LOWER, WHITLOW, P.C. | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $97,097 | — | — | — | — |
| 2023 | $87,114 | — | — | — | — |
| 2022 | $88,224 | — | — | — | — |