Plan Snapshot
- Plan Sponsor: Midwest Goods, INC.
- Sponsor EIN: 463996386
- Sponsor Address: 1001 FOSTER AVE, BENSENVILLE, IL, 60106
- Plan Type: 401(k)
- Total Participants: 149
- Total Assets: $1.5M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 149 | $1.5M | $180,512 | $284,613 |
| 2023 | 143 | $1.0M | $154,846 | $236,233 |
| 2022 | 109 | $585,079 | $109,563 | $181,913 |
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 |
|---|---|---|---|---|
| SMITH HOWARD, PC | 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 | $4,520 | — | — | — | — |
| 2023 | $940 | — | — | — | — |
| 2022 | $710 | — | — | — | — |