Profit Sharing · DOL Form 5500 · 2022

Midwest Irrigation LLC Profit Sharing Plan

Data updated 2026-08-11

$22M
Total assets
14
Participants
79th
Percentile by assets
$1.6M
Avg per participant
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Official DOL plan name: Midwest Irrigation Company Profit Sharing Plan · Sponsored by Midwest Irrigation LLC · Illinois · Administrative & Support Services

$22M in assets, 14 participants

Midwest Irrigation LLC's Midwest Irrigation Company Profit Sharing Plan reported $22M in total assets and 14 participants in its 2022 DOL Form 5500 filing, ranking in the 79th 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.

  • 79th percentile by assets (of 139,126 plans)
  • #4,444 in Administrative & Support Services (4,927 peers)

Where Midwest Irrigation Company Profit Sharing Plan sits by assets

Midwest Irrigation Company Profit Sharing Plan sits in the top quartile of all filed plans by assets, $22M for 14 participants (~$1.6M/participant), down 16.0% in 2022.

$22M
total plan assets (2022 EOY)
14
covered participants
79th
percentile by assets (of 139,126 plans)
$1.6M
avg assets per participant

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Irrigation Company Profit Sharing Plan vs the 2022 asset distribution

By assets, Midwest Irrigation Company Profit Sharing Plan outranks 79% of the 139,126 plans that filed a Form 5500 for the 2022 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$26M
Net Assets (End of Year)$22M
Net Income-$4M
Employer EIN611411115
Plan Effective Date1974-12-17
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Irrigation LLC)

$22M$22.5M$23M$23.5M$24M 202220232024 $22.3M $23.8M ▲ +7.0%
Total plan assets by year, all Midwest Irrigation LLC plans on file
Year Plans Participants Total Assets
2022 1 14 $22M
2023 1 15 $24M
2024 1 15 $24M

Nearby Profit Sharing Plans in Illinois

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Midwest Irrigation Company Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Midwest Irrigation Company Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -101234 Total assets ($B) Participants Midwest Irrigation C…W. W. Grainger, Inc.…Electrical Contracto…Mcmaster-Carr Supply…Mid-America Carpente…Accenture United Sta…
Midwest Irrigation Company Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Midwest Irrigation Company Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Midwest Irrigation Company Profit Sharing Plan assets move in 2022?
Midwest Irrigation Company Profit Sharing Plan declined sharply - down 16.0% during 2022, from $26M to $22M. Reported net income was -$4M.
How have Midwest Irrigation LLC plan assets changed over time?
Across 3 plan years on file (2022-2024), Midwest Irrigation LLC's sponsor-wide assets grew 7.0%, from $22M to $24M.
Where does Midwest Irrigation Company Profit Sharing Plan rank by assets among Form 5500 filers?
Midwest Irrigation Company Profit Sharing Plan ranks in the 79th 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 Profit Sharing plans are similar in size to Midwest Irrigation Company Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Construction and General Laborers Local 190 Annuity Plan in NY ($22M, 1,658 participants).

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Scale reading

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