ESOP · DOL Form 5500 · 2022

Midwest Natural Gas Corporation ESOP

Data updated 2026-08-25

$5M
Total assets Small plan by assets
44
Participants Small participant base
49th
Percentile by assets National rank
$103,749
Avg per participant Below avg balance/head
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Official DOL plan name: Midwest Natural Gas Corporation Employee Stock Ownership Plan · Sponsored by Midwest Natural Gas Corporation · Indiana · Mining & Oil Extraction

$5M in assets, 44 participants

Midwest Natural Gas Corporation's Midwest Natural Gas Corporation Employee Stock Ownership Plan reported $5M in total assets and 44 participants in its 2022 DOL Form 5500 filing, ranking in the 49th 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.

  • #263 in Mining & Oil Extraction (892 peers)

Mining & Oil Extraction sector rank

Within Mining & Oil Extraction, Midwest Natural Gas Corporation Employee Stock Ownership Plan ranks #263 of 892 2022 filers by assets (2694% of the sector average)-$5M for 44 participants.

#263
in Mining & Oil Extraction (892 peers)
-21.4%
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 Natural Gas Corporation Employee Stock Ownership Plan's mid-pack asset rank among Mining & Oil Extraction and all filers

Midwest Natural Gas Corporation Employee Stock Ownership Plan vs every filed plan by assets

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

$4,564,965 49th percentile higher than 49% 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 Natural Gas Corporation Employee Stock Ownership Plan among smaller filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Natural Gas Corporation Employee Stock Ownership Plan is a small filing (44 participants) on this national headcount ladder.

EBSA filing schedule strip

Filing strip 362421401 · Midwest Natural Gas Corporation PY 2022 · ESOP

Midwest Natural Gas Corporation Employee Stock Ownership Plan · $5M · 44 · 49th

  • NET $5M
  • NET 44
  • NET 49th
  • NET ESOP
  • NET near Shawver Well Company Employee Stock Ownership Plan
  • NET ind #263

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 What is an ESOP? → · Plans in Indiana →

Midwest Natural Gas Corporation Employee Stock Ownership Plan in the asset neighbourhood

Newberry Group Incorporated Employee Stock Ownership PlanNewberry Group Incorporated …$5MShawver Well Company Employee Stock Ownership PlanShawver Well Company Employe…$5MMidwest Natural Gas Corporation Employee Stock Ownership PlanMidwest Natural Gas Corporat…$5MM.W. Sausse & Co., Inc. Employee Stock Ownership PlanM.W. Sausse & Co., Inc. Empl…$5MDelta Managed Solutions, Inc. Employee Stock Ownership PlanDelta Managed Solutions, Inc…$5M
End-of-year total assets ($M) among Midwest Natural Gas Corporation Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Mining & Oil Extraction filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$5M
Net Income-$1M
Employer EIN362421401
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Natural Gas Corporation)

Sponsor-wide plan assets over time

All Midwest Natural Gas Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$6M 32.657884562094125% vs 2022
2024 filing year
$4M$4.5M$5M$5.5M$6M$6.5M 202220232024 $4.56M $6.06M ▲ +32.9%
Year Plans Participants Total Assets
2022 1 44 $5M
2023 1 46 $5M
2024 1 46 $6M

Nearby ESOP Plans in Indiana

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

Midwest Natural Gas Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.52 Total assets ($B) Participants Midwest Natural Gas Corporation Employee Stock Ownership Plan, Total assets ($B): 0.004564965 · Participants: 44Midwest Natural Gas Corporation Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.524085669 · Participants: 3842Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.314961737 · Participants: 467Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.309552138 · Participants: 1233Nibco Inc. Employee Stock Ownership PlanWood-Mizer Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.115298049 · Participants: 464Wood-Mizer Holdings, Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.113705161 · Participants: 333Superior Industrial Solutions, Inc. Employee Stock Ownership Plan
Midwest Natural Gas Corporation Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Midwest Natural Gas Corporation Employee Stock Ownership Plan side-by-side with 3 peers →

Midwest Natural Gas Corporation Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Shawver Well Company Employee Stock Ownership Plan in IA ($5M); by covered participants it is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (44 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 Natural Gas Corporation Employee Stock Ownership Plan assets move in 2022? ▼
Midwest Natural Gas Corporation Employee Stock Ownership Plan declined sharply - down 21.4% during 2022, from $6M to $5M. Reported net income was -$1M.
How have Midwest Natural Gas Corporation plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Natural Gas Corporation's sponsor-wide assets grew 32.7%, from $5M to $6M.
Which ESOP plans are similar in size to Midwest Natural Gas Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Shawver Well Company Employee Stock Ownership Plan in IA ($5M, 18 participants).
Which ESOP plans cover a similar participant headcount to Midwest Natural Gas Corporation Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Probank Austin Employee Stock Ownership Plan and Trust in KY (44 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 362421401.

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.