401(k) · DOL Form 5500 · 2023

Midwest Energy Cooperative 401(k) Plan

Data updated 2026-08-25

$23M
Total assets Small plan by assets
158
Participants Small participant base
75th
Percentile by assets National rank
$143,834
Avg per participant Near avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Midwest Energy Incentive Savings Plan · Sponsored by Midwest Energy Cooperative · Michigan · Utilities

$23M in assets, 158 participants

Midwest Energy Cooperative's Midwest Energy Incentive Savings Plan reported $23M in total assets and 158 participants in its 2023 DOL Form 5500 filing, ranking in the 75th 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.

  • #268 in Utilities (721 peers)

Coverage in Michigan

Midwest Energy Incentive Savings Plan covers 158 participants in Michigan, about 25% of the average Michigan filer (state average ~638 per filing). Assets: $23M.

#268
in Utilities (721 peers)
+23.8%
assets growth YoY
0.2×
vs typical plan assets (national mean)

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 2023 · DOL Form 5500

$22,725,738 Top 25% higher than 75% 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 Energy Incentive Savings Plan 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 Energy Incentive Savings Plan sits mid-pack in the medium band (158 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Energy Incentive Savings Plan reported net income rose from -$4M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Midwest Energy Incentive Savings Plan end-of-year assets rose from $18M in the plan year 2022 filing to $23M in the plan year 2023 filing.
  • Midwest Energy Incentive Savings Plan reported participants rose from 153 in the plan year 2022 filing to 158 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 383386126 · Midwest Energy Cooperative PY 2023 · 401(k)

Midwest Energy Incentive Savings Plan · $23M · 158 · 75th

  • NET $23M
  • NET 158
  • NET 75th
  • NET 401(k)
  • NET near Longevity Holdings, Inc. 401(k) Ps Plan
  • NET ind #268

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…$23MLongevity Holdings, Inc. 401(k) Ps PlanLongevity Holdings, Inc. 401…$23MKaufman Container Employees 401(k) Savings PlanKaufman Container Employees …$23MRubberlite, Inc. 401(k)Profit Sharing Retirement PlanRubberlite, Inc. 401(k)Profi…$23MCantex Inc. Safe Harbor Savings PlanCantex Inc. Safe Harbor Savi…$23M
End-of-year total assets ($M) among Midwest Energy Incentive Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$23M
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 -50510152025 Total assets ($B) Participants Midwest Energy Incentive Savings Plan, Total assets ($B): 0.022725738 · Participants: 158Midwest Energy Incentive Savings PlanGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The 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): 7.617084451 · Participants: 59195Ford 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 Longevity Holdings, Inc. 401(k) Ps Plan in MN ($23M); by covered participants it is Harbinder S Brar Md Inc 401(k) Profit Sharing Plan & Trust in CA (158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (158 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 Energy Incentive Savings Plan assets move in 2023? ▼
Midwest Energy Incentive Savings Plan grew sharply - up 23.8% during 2023, from $18M to $23M. 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 75th 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 Energy Incentive Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Longevity Holdings, Inc. 401(k) Ps Plan in MN ($23M, 214 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 Harbinder S Brar Md Inc 401(k) Profit Sharing Plan & Trust in CA (158 participants, $650K 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 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.