401(k) · DOL Form 5500 · 2023

Midwest Transit Equipment, Inc. 401(k) Plan

Data updated 2026-08-25

$25M
Total assets Small plan by assets
291
Participants Below avg headcount
76th
Percentile by assets National rank
$84,965
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

$25M in assets, 291 participants

Midwest Transit Equipment, Inc.'s Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust reported $25M in total assets and 291 participants in its 2023 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.

  • #2,532 in Transportation & Warehousing (3,362 peers)

Coverage in Illinois

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust covers 291 participants in Illinois, about 37% of the average Illinois filer (state average ~779 per filing). Assets: $25M.

#2,532
in Transportation & Warehousing (3,362 peers)
+6.2%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$24,724,719 Top 24% higher than 76% of 127,068 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 2023

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 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 (291 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust reported net income rose from -$10M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust end-of-year assets rose from $23M in the plan year 2022 filing to $25M in the plan year 2023 filing.
  • Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust reported participants rose from 280 in the plan year 2022 filing to 291 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 363033895 · Midwest Transit Equipment, Inc. PY 2023 · 401(k)

Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust · $25M · 291 · 76th

  • PCT $25M
  • PCT 291
  • PCT 76th
  • PCT 401(k)
  • PCT near Lamers Bus Lines, Inc. 401(k) Profit Sharing Plan
  • PCT ind #2532

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

Lamers Bus Lines, Inc. 401(k) Profit Sharing PlanLamers Bus Lines, Inc. 401(k…$25MPason Systems USA Corp. 401(k) PlanPason Systems USA Corp. 401(…$25MMidwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and TrustMidwest Transit Equipment, I…$25MMid-Am Holdings, LLC 401(k) Profit Sharing PlanMid-Am Holdings, LLC 401(k) …$25MCharles Blalock & Sons Inc 401(k) Profit Sharing PlanCharles Blalock & Sons Inc 4…$25M
End-of-year total assets ($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 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$23M
Net Assets (End of Year)$25M
Net Income$1M
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): 0.024724719 · Participants: 291Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and TrustAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens 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 Lamers Bus Lines, Inc. 401(k) Profit Sharing Plan in WI ($25M); by covered participants it is Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (291 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
Midwest Transit Equipment, Inc. Profit Sharing 401(k) Plan and Trust grew at a solid clip - up 6.2% during 2023, from $23M to $25M. Reported net income was $1M.
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 76th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (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 Lamers Bus Lines, Inc. 401(k) Profit Sharing Plan in WI ($25M, 1,395 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 Fleetwood - Fibre Packaging & Graphics, Inc. Retirement Savings and Profit in CA (291 participants, $28M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

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.