Plan Snapshot
- Plan Sponsor: Midland Paper Company
- Sponsor EIN: 362035026
- Sponsor Address: 101 E. PALATINE ROAD, WHEELING, IL, 60090
- Plan Type: 401(k)
- Total Participants: 819
- Total Assets: $105.7M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 819 | $105.7M | $1.4M | $6.5M |
| 2023 | 729 | $96.7M | $1.3M | $5.6M |
| 2022 | 639 | $80.1M | $1.0M | $5.1M |
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 |
|---|---|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER AND S | RECORDKEEPER | $8,034 | — | $8,034 |
| CROWE LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $8,034
- Estimated Expense Ratio: 0.008% of plan assets
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 | $24,419 | — | — | — | — |
| 2023 | $16,821 | $9 | — | — | — |
| 2022 | $25,937 | — | — | — | — |