Plan Snapshot
- Plan Sponsor: Midwest Engineered Systems, INC.
- Sponsor EIN: 391748087
- Sponsor Address: W238 N1800 ROCKWOOD DRIVE, WAUKESHA, WI, 53188
- Plan Type: 401(k)
- Total Participants: 152
- Total Assets: $15.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- 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 | 152 | $15.0M | $237,710 | $1.3M |
| 2023 | 126 | $11.7M | $185,064 | $1.0M |
| 2022 | 105 | $9.2M | $153,861 | $861,854 |
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 |
|---|---|---|---|---|
| CHORTEK | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CHORTEK — Auditor
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 | $67,935 | $33,745 | $32,853 | — | — |
| 2023 | $56,852 | $26,327 | $1,590 | — | — |
| 2022 | $48,603 | $22,741 | $25,042 | — | $820 |