401(k) · DOL Form 5500 · 2022

Midwest Energy Cooperative 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
153
Participants Small participant base
76th
Percentile by assets National rank
$119,947
Avg per participant Near avg balance/head
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Official DOL plan name: Midwest Energy Incentive Savings Plan · Sponsored by Midwest Energy Cooperative · Michigan · Utilities

$18M in assets, 153 participants

Midwest Energy Cooperative's Midwest Energy Incentive Savings Plan reported $18M in total assets and 153 participants in its 2022 DOL Form 5500 filing, ranking in the 76th 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.

  • #275 in Utilities (738 peers)

Coverage in Michigan

Midwest Energy Incentive Savings Plan covers 153 participants in Michigan, about 24% of the average Michigan filer (state average ~638 per filing). Assets: $18M.

#275
in Utilities (738 peers)
-18.0%
assets change YoY
0.2×
vs typical plan assets (national mean)

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 Energy Incentive Savings Plan's outsized position by total assets

Midwest Energy Incentive Savings Plan vs every filed plan by assets

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

$18,351,854 Top 24% higher than 76% 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 Energy Incentive Savings 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 Energy Incentive Savings Plan sits mid-pack in the medium band (153 participants).

EBSA filing schedule strip

Filing strip 383386126 · Midwest Energy Cooperative PY 2022 · 401(k)

Midwest Energy Incentive Savings Plan · $18M · 153 · 76th

  • PCT $18M
  • EIN 153
  • RANK 76th
  • PHOTO 401(k)
  • IND near Eyecare Medical Group Employee Stock Ownership 401(k) Plan
  • EOY ind #275

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 Michigan →

Midwest Energy Incentive Savings Plan in the asset neighbourhood

Midwest Energy Incentive Savings PlanMidwest Energy Incentive Sav…$18MEyecare Medical Group Employee Stock Ownership 401(k) PlanEyecare Medical Group Employ…$18MThe Lewis Bear Company Profit Sharing/401(k) PlanThe Lewis Bear Company Profi…$18MSmp Automotive Systems Employee 401(k) PlanSmp Automotive Systems Emplo…$18MDtric 401(k) Profit Sharing PlanDtric 401(k) Profit Sharing …$18M
End-of-year total assets ($M) among Midwest Energy Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Michigan filing particulars

Total Assets (Beginning of Year)$22M
Net Assets (End of Year)$18M
Net Income-$4M
Employer EIN383386126
Plan Effective Date1988-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Energy Cooperative)

Sponsor-wide plan assets over time

All Midwest Energy Cooperative plans reported in each filing year

Latest sponsor-wide plan assets
$27M 49.4848476889583% vs 2022
2024 filing year
$15M$20M$25M$30M 202220232024 $18.4M $27.4M ▲ +49.5%
Year Plans Participants Total Assets
2022 1 153 $18M
2023 1 158 $23M
2024 1 176 $27M

Nearby 401(k) Plans in Michigan

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

Midwest Energy Incentive Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -505101520 Total assets ($B) Participants Midwest Energy Incentive Savings Plan, Total assets ($B): 0.018351854 · Participants: 153Midwest Energy Incentive Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 18.071817726 · Participants: 43382General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 13.833597622 · Participants: 32974Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 9.307640951 · Participants: 16930The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 7.545889119 · Participants: 40458The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 6.44558193 · Participants: 57811Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Midwest Energy Incentive Savings Plan vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Midwest Energy Incentive Savings Plan side-by-side with 3 peers →

Midwest Energy Incentive Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Eyecare Medical Group Employee Stock Ownership 401(k) Plan in ME ($18M); by covered participants it is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (153 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 Energy Incentive Savings Plan assets move in 2022? ▼
Midwest Energy Incentive Savings Plan declined sharply - down 18.0% during 2022, from $22M to $18M. Reported net income was -$4M.
How have Midwest Energy Cooperative plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Energy Cooperative's sponsor-wide assets grew 49.5%, from $18M to $27M.
Where does Midwest Energy Incentive Savings Plan rank by assets among Form 5500 filers? ▼
Midwest Energy Incentive Savings Plan ranks in the 76th 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 Energy Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Eyecare Medical Group Employee Stock Ownership 401(k) Plan in ME ($18M, 107 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Energy Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Btc Mobility, LLC 401(k) Retirement Plan in MA (153 participants, N/A 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 383386126.

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.