401(k) · DOL Form 5500 · 2022

Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
685
Participants Below avg headcount
86th
Percentile by assets National rank
$57,702
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Midwest Machinery Co. 401(k) Plan · Sponsored by Minnesota Ag Power, Inc. Dba Midwest Machinery Co. · Minnesota · Wholesale Trade

$40M in assets, 685 participants

Minnesota Ag Power, Inc. Dba Midwest Machinery Co.'s Midwest Machinery Co. 401(k) Plan reported $40M in total assets and 685 participants in its 2022 DOL Form 5500 filing, ranking in the 86th 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.

  • #5,934 in Wholesale Trade (6,843 peers)

Where Midwest Machinery Co. 401(k) Plan sits by assets

Midwest Machinery Co. 401(k) Plan sits in the top quartile of all filed plans by assets, $40M for 685 participants (~$57,702/participant), up 15.9% in 2022.

#5,934
in Wholesale Trade (6,843 peers)
+15.9%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Midwest Machinery Co. 401(k) Plan's outsized position by total assets

Midwest Machinery Co. 401(k) Plan vs every filed plan by assets

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

$39,525,694 Top 14% higher than 86% 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

Midwest Machinery Co. 401(k) 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. Midwest Machinery Co. 401(k) Plan sits mid-pack in the medium band (685 participants).

Form 5500 schedule snapshot

Filing strip 200145525 · Minnesota Ag Power, Inc. Dba Midwest Machinery Co. PY 2022 · 401(k)

Midwest Machinery Co. 401(k) Plan · $40M · 685 · 86th

  • BOY $40M
  • BOY 685
  • BOY 86th
  • BOY 401(k)
  • BOY near Arcade Beauty 401(k) Plan
  • BOY ind #5934

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Midwest Machinery Co. 401(k) Plan in the asset neighbourhood

Midwest Machinery Co. 401(k) PlanMidwest Machinery Co. 401(k)…$40MArcade Beauty 401(k) Plan$40MMold-Rite Plastics 401(k) PlanMold-Rite Plastics 401(k) Pl…$40MO&g Industries, Inc. 401(k) Salary Reduction Plan & TrustO&g Industries, Inc. 401(k) …$40MLeopardo Companies, Inc. 401(k) Savings PlanLeopardo Companies, Inc. 401…$40M
End-of-year total assets ($M) among Midwest Machinery Co. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$34M
Net Assets (End of Year)$40M
Net Income$5M
Employer EIN200145525
Plan Effective Date2006-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Minnesota Ag Power, Inc. Dba Midwest Machinery Co.)

Sponsor-wide plan assets over time

All Minnesota Ag Power, Inc. Dba Midwest Machinery Co. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 42.600871220629294% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $39.5M $56.4M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 685 $40M
2023 1 653 $49M
2024 1 643 $56M

Nearby 401(k) Plans in Minnesota

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

Midwest Machinery Co. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -505101520 Total assets ($B) Participants Midwest Machinery Co. 401(k) Plan, Total assets ($B): 0.039525694 · Participants: 685Midwest Machinery Co. 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 18.576379778 · Participants: 176886Unitedhealth Group 401(k) Savings PlanMedtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan), Total assets ($B): 12.198295 · Participants: 38825Medtronic Savings and Investment Plan (Also Known as the Medtronic 401(k) Plan)Target Corporation 401(k) Plan, Total assets ($B): 11.216824857 · Participants: 400422Target Corporation 401(k) Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 11.138527656 · Participants: 371593M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 8.266408521 · Participants: 67646U.S. Bank 401(k) Savings Plan
Midwest Machinery Co. 401(k) Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Midwest Machinery Co. 401(k) Plan side-by-side with 3 peers →

Midwest Machinery Co. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Arcade Beauty 401(k) Plan in NY ($40M); by covered participants it is Southern Air, Inc. Cash or Deferred Profit Sharing Plan in VA (685 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($40M here).

Similar participant headcount

Nearest other-state filings by covered participants (685 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 Midwest Machinery Co. 401(k) Plan assets move in 2022? ▼
Midwest Machinery Co. 401(k) Plan grew sharply - up 15.9% during 2022, from $34M to $40M. Reported net income was $5M.
How have Minnesota Ag Power, Inc. Dba Midwest Machinery Co. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Minnesota Ag Power, Inc. Dba Midwest Machinery Co.'s sponsor-wide assets grew 42.6%, from $40M to $56M.
Where does Midwest Machinery Co. 401(k) Plan rank by assets among Form 5500 filers? ▼
Midwest Machinery Co. 401(k) Plan ranks in the 86th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Midwest Machinery Co. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Arcade Beauty 401(k) Plan in NY ($40M, 439 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Machinery Co. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Southern Air, Inc. Cash or Deferred Profit Sharing Plan in VA (685 participants, $51M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 200145525.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.