Plan Snapshot
- Plan Sponsor: Midwest Transport, INC.
- Sponsor EIN: 710930845
- Sponsor Address: PO BOX 8608, ROBINSON, IL, 62454
- Plan Type: 401(k)
- Total Participants: 4
- Total Assets: $3.3M
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 | 4 | $3.3M | $0 | $446,907 |
| 2023 | 664 | $7.9M | $0 | $817,585 |
| 2022 | 804 | $8.2M | $0 | $768,455 |
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 |
|---|---|---|---|---|
| ADP, INC. | RECORD KEEPER | $86,603 | — | $86,603 |
| KEMPER CPA GROUP, LLP | ACCOUNTANT | $38,000 | — | $38,000 |
| CETERA INVESTMENT ADVISERS LLC | INVESTMENT/FINANCIAL ADVI | $20,576 | — | $20,576 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ADP, INC. — RECORD KEEPER
- KEMPER CPA GROUP, LLP — ACCOUNTANT
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $145,179
- Estimated Expense Ratio: 4.448% 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 | $134,891 | $20,576 | — | $38,000 | — |
| 2023 | $96,970 | — | — | — | — |
| 2022 | $111,384 | — | — | — | — |