Plan Snapshot
- Plan Sponsor: Midwest Bancorporation, INC
- Sponsor EIN: 431771852
- Sponsor Address: 4800 WEST BLVD, POPLAR BLUFF, MO, 63901
- Plan Type: DC
- Total Participants: 217
- Total Assets: $35.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 217 | $35.3M | $1.2M | $0 |
| 2023 | 205 | $31.0M | $1.1M | $0 |
| 2022 | 197 | $34.8M | $1.1M | $0 |
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 |
|---|---|---|---|---|
| THE WHITLOCK COMPANY, LLP | Auditor | $6,700 | — | $6,700 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- THE WHITLOCK COMPANY, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $6,700
- Estimated Expense Ratio: 0.019% 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 | $88,634 | — | $29,209 | $6,700 | — |
| 2023 | $65,334 | — | $29,080 | $20,700 | — |
| 2022 | $57,339 | — | $30,351 | — | $26,988 |