401(k) · DOL Form 5500 · 2022

Midwest Transit Equipment, Inc. 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
280
Participants Below avg headcount
79th
Percentile by assets National rank
$83,180
Avg per participant Below avg balance/head
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Official DOL plan name: Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust · Sponsored by Midwest Transit Equipment, Inc. · Illinois · Transportation & Warehousing

$23M in assets, 280 participants

Midwest Transit Equipment, Inc.'s Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust reported $23M in total assets and 280 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.

  • #3,076 in Transportation & Warehousing (3,876 peers)

Coverage in Illinois

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust covers 280 participants in Illinois, about 36% of the average Illinois filer (state average ~779 per filing). Assets: $23M.

#3,076
in Transportation & Warehousing (3,876 peers)
-29.9%
assets change YoY
0.2×
vs typical plan assets (national mean)

The plan reported a net loss of $10M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust's outsized position by total assets

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust vs every filed plan by assets

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

$23,290,421 Top 21% higher than 79% 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 Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust 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 Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust sits mid-pack in the medium band (280 participants).

Form 5500 schedule snapshot

Filing strip 363033895 · Midwest Transit Equipment, Inc. PY 2022 · 401(k)

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust · $23M · 280 · 79th

  • PART $23M
  • PART 280
  • PART 79th
  • PART 401(k)
  • PART near UAW Retiree Medical Benefits Trust Savings Plan
  • PART ind #3076

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 Transportation & Warehousing retirement plans → · Plans in Illinois →

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust in the asset neighbourhood

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and TrustMidwest Transit Equipment, I…$23MUAW Retiree Medical Benefits Trust Savings PlanUAW Retiree Medical Benefits…$23MAbdo 401(k) Profit Sharing PlanAbdo 401(k) Profit Sharing P…$23MKurz America Employees' Cash-Deferred ArrangementKurz America Employees' Cash…$23MThe Select Group, LLC 401(k) Profit Sharing Plan and TrustThe Select Group, LLC 401(k)…$23M
End-of-year total assets ($M) among Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Illinois filing particulars

Total Assets (Beginning of Year)$33M
Net Assets (End of Year)$23M
Net Income-$10M
Employer EIN363033895
Plan Effective Date1991-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Transit Equipment, Inc.)

Sponsor-wide plan assets over time

All Midwest Transit Equipment, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$27M 15.72887840885315% vs 2022
2024 filing year
$22M$24M$26M$28M 202220232024 $23.3M $27M ▲ +15.7%
Year Plans Participants Total Assets
2022 1 280 $23M
2023 1 291 $25M
2024 1 305 $27M

Nearby 401(k) Plans in Illinois

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

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust, Total assets ($B): 0.023290421 · Participants: 280Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and TrustState 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 Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust side-by-side with 3 peers →

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is UAW Retiree Medical Benefits Trust Savings Plan in MI ($23M); by covered participants it is Pathfinder 401(k) Plan in TX (280 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (280 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 Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust assets move in 2022? ▼
Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust declined sharply - down 29.9% during 2022, from $33M to $23M. Reported net income was -$10M.
How have Midwest Transit Equipment, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Transit Equipment, Inc.'s sponsor-wide assets grew 15.7%, from $23M to $27M.
Where does Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust 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 401(k) plans are similar in size to Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is UAW Retiree Medical Benefits Trust Savings Plan in MI ($23M, 111 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Pathfinder 401(k) Plan in TX (280 participants, $964K 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 363033895.

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.