401(k) · DOL Form 5500 · 2022

Midcoast Employee Services, LLC 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
304
Participants Below avg headcount
73rd
Percentile by assets National rank
$51,013
Avg per participant Low balance/head
PlainRetire home → About this data

Official DOL plan name: Midcoast Employee Services, LLC 401(k) Retirement Plan · Sponsored by Midcoast Employee Services, LLC · Texas · Utilities

$16M in assets, 304 participants

Midcoast Employee Services, LLC's Midcoast Employee Services, LLC 401(k) Retirement Plan reported $16M in total assets and 304 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #260 in Utilities (738 peers)

Coverage in Texas

Midcoast Employee Services, LLC 401(k) Retirement Plan covers 304 participants in Texas, about 44% of the average Texas filer (state average ~688 per filing). Assets: $16M.

#260
in Utilities (738 peers)
-65.2%
assets change YoY

The plan reported a net loss of $29M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midcoast Employee Services, LLC 401(k) Retirement Plan's outsized position by total assets

Midcoast Employee Services, LLC 401(k) Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$15,508,058 Top 27% higher than 73% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

Midcoast Employee Services, LLC 401(k) Retirement Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midcoast Employee Services, LLC 401(k) Retirement Plan sits mid-pack in the medium band (304 participants).

Plan-year Form 5500 strip

Filing strip 830665121 · Midcoast Employee Services, LLC PY 2022 · 401(k)

Midcoast Employee Services, LLC 401(k) Retirement Plan · $16M · 304 · 73rd

  • BOY $16M
  • BOY 304
  • BOY 73rd
  • BOY 401(k)
  • BOY near Simona America Group 401(k) Profit Sharing Plan
  • BOY ind #260

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Utilities retirement plans → · Plans in Texas →

Midcoast Employee Services, LLC 401(k) Retirement Plan in the asset neighbourhood

Midcoast Employee Services, LLC 401(k) Retirement PlanMidcoast Employee Services, …$16MSimona America Group 401(k) Profit Sharing PlanSimona America Group 401(k) …$16MAsiana Airlines 401(k) Savings Plan and TrustAsiana Airlines 401(k) Savin…$16MMembers First Credit Union 401(k) PlanMembers First Credit Union 4…$16MMorrow Insurance Agency, Inc. Employee Savings & Stock Ownership PlanMorrow Insurance Agency, Inc…$16M
End-of-year total assets ($M) among Midcoast Employee Services, LLC 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$16M
Net Income-$29M
Employer EIN830665121
Plan Effective Date2018-08-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Texas

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Midcoast Employee Services, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -10010203040 Total assets ($B) Participants Midcoast Employee Services, LLC 401(k) Retirement Plan, Total assets ($B): 0.015508058 · Participants: 304Midcoast Employee Services, LLC 401(k) Retirement PlanAT&T Retirement Savings Plan, Total assets ($B): 37.578871 · Participants: 144503AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 21.266 · Participants: 23619Exxonmobil Savings PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 13.794958016 · Participants: 38538Caterpillar 401(k) Savings PlanAmerican Airlines, Inc. 401(k) Plan, Total assets ($B): 12.806443202 · Participants: 85577American Airlines, Inc. 401(k) PlanDell Inc. 401(k) Plan, Total assets ($B): 11.969059 · Participants: 47532Dell Inc. 401(k) Plan
Midcoast Employee Services, LLC 401(k) Retirement Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Midcoast Employee Services, LLC 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Simona America Group 401(k) Profit Sharing Plan in PA ($16M); by covered participants it is Rockford Construction Co. 401(k) Retirement Plan in MI (304 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (304 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Midcoast Employee Services, LLC 401(k) Retirement Plan assets move in 2022?
Midcoast Employee Services, LLC 401(k) Retirement Plan contracted severely - down 65.2% during 2022, from $45M to $16M. Reported net income was -$29M.
Which 401(k) plans are similar in size to Midcoast Employee Services, LLC 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by assets is Simona America Group 401(k) Profit Sharing Plan in PA ($16M, 275 participants).
Which 401(k) plans cover a similar participant headcount to Midcoast Employee Services, LLC 401(k) Retirement Plan?
Among 401(k) plans in other states, the closest by covered participants is Rockford Construction Co. 401(k) Retirement Plan in MI (304 participants, $27M in assets).