Plan Snapshot
- Plan Sponsor: Midwest Transit Equipment, INC.
- Sponsor EIN: 363033895
- Sponsor Address: 146 W ISSERT DRIVE, KANKAKEE, IL, 60901
- Plan Type: 401(k)
- Total Participants: 243
- Total Assets: $27.0M
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 | 243 | $27.0M | $643,862 | $1.2M |
| 2023 | 298 | $24.7M | $571,833 | $1.1M |
| 2022 | 288 | $23.3M | $524,556 | $986,282 |
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 |
|---|---|---|---|---|
| MILLER COOPER & CO., LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER COOPER & CO., LTD — 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 | $123,204 | $102,387 | — | — | — |
| 2023 | $128,302 | $95,742 | — | — | — |
| 2022 | $95,971 | $66,284 | — | — | — |