401(k) · DOL Form 5500 · 2022

Midwest Technical Institute, Inc. 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
311
Participants Below avg headcount
52nd
Percentile by assets National rank
$17,023
Avg per participant Low balance/head
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Official DOL plan name: Midwest Technical Institute 401(k) Plan · Sponsored by Midwest Technical Institute, Inc. · Illinois · Educational Services

$5M in assets, 311 participants

Midwest Technical Institute, Inc.'s Midwest Technical Institute 401(k) Plan reported $5M in total assets and 311 participants in its 2022 DOL Form 5500 filing, ranking in the 52nd 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.

  • #1,456 in Educational Services (4,024 peers)

Coverage in Illinois

Midwest Technical Institute 401(k) Plan covers 311 participants in Illinois, about 40% of the average Illinois filer (state average ~779 per filing). Assets: $5M.

#1,456
in Educational Services (4,024 peers)
-17.9%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Technical Institute 401(k) Plan's mid-pack asset rank among Educational Services and all filers

Midwest Technical Institute 401(k) Plan vs every filed plan by assets

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

$5,294,251 Top 48% higher than 52% 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 Technical Institute 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 Technical Institute 401(k) Plan sits mid-pack in the medium band (311 participants).

Published 5500 schedule card

Filing strip 371347328 · Midwest Technical Institute, Inc. PY 2022 · 401(k)

Midwest Technical Institute 401(k) Plan · $5M · 311 · 52nd

  • BOY $5M
  • SCH 311
  • EBSA 52nd
  • PART 401(k)
  • TYPE near Yesvideo Com Inc 401(k) Profit Sharing Plan & Trust
  • NET ind #1456

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 Educational Services retirement plans → · Plans in Illinois →

Midwest Technical Institute 401(k) Plan in the asset neighbourhood

Midwest Technical Institute 401(k) PlanMidwest Technical Institute …$5MYesvideo Com Inc 401(k) Profit Sharing Plan & TrustYesvideo Com Inc 401(k) Prof…$5MThe Home Run, Inc. Retirement Plan and TrustThe Home Run, Inc. Retiremen…$5MMahindra USA, Inc 401(k) Profit Sharing Plan & TrustMahindra USA, Inc 401(k) Pro…$5MGraphic Information Systems, Inc. Profit Sharing PlanGraphic Information Systems,…$5M
End-of-year total assets ($M) among Midwest Technical Institute 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN371347328
Plan Effective Date2009-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Technical Institute, Inc.)

Sponsor-wide plan assets over time

All Midwest Technical Institute, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 49.41671635893349% vs 2022
2024 filing year
$5M$6M$7M$8M$9M 202220232024 $5.29M $7.91M ▲ +49.5%
Year Plans Participants Total Assets
2022 1 311 $5M
2023 1 291 $7M
2024 1 303 $8M

Nearby 401(k) Plans in Illinois

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

Midwest Technical Institute 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Midwest Technical Institute 401(k) Plan, Total assets ($B): 0.005294251 · Participants: 311Midwest Technical Institute 401(k) PlanState Farm 401(k) Savings Plan, Total assets ($B): 14.651519685 · Participants: 53616State Farm 401(k) Savings PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 14.283954811 · Participants: 66653Accenture United States 401(k) Match and Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 13.333286 · Participants: 36136Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 11.816542826 · Participants: 13437United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 11.682551768 · Participants: 238072Walgreens Retirement Savings Plan
Midwest Technical Institute 401(k) Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Midwest Technical Institute 401(k) Plan side-by-side with 3 peers →

Midwest Technical Institute 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Yesvideo Com Inc 401(k) Profit Sharing Plan & Trust in CA ($5M); by covered participants it is Brightwheel 401(k) Plan in CA (311 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (311 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 Technical Institute 401(k) Plan assets move in 2022? ▼
Midwest Technical Institute 401(k) Plan declined sharply - down 17.9% during 2022, from $6M to $5M. Reported net income was -$1M.
How have Midwest Technical Institute, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Technical Institute, Inc.'s sponsor-wide assets grew 49.4%, from $5M to $8M.
Which 401(k) plans are similar in size to Midwest Technical Institute 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Yesvideo Com Inc 401(k) Profit Sharing Plan & Trust in CA ($5M, 46 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Technical Institute 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brightwheel 401(k) Plan in CA (311 participants, $6M 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 371347328.

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.