401(k) · DOL Form 5500 · 2023

Industrial Kiln & Dryer Group, Inc. 401(k) Plan

Data updated 2026-08-25

$16M
Total assets Small plan by assets
324
Participants Below avg headcount
68th
Percentile by assets National rank
$49,376
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Midland Savings and Retirement Plan · Sponsored by Industrial Kiln & Dryer Group, Inc. · Kentucky · Manufacturing

$16M in assets, 324 participants

Industrial Kiln & Dryer Group, Inc.'s Midland Savings and Retirement Plan reported $16M in total assets and 324 participants in its 2023 DOL Form 5500 filing, ranking in the 68th 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.

  • #10,696 in Manufacturing (18,722 peers)

Industrial Kiln & Dryer Group, Inc. multi-year trail

Industrial Kiln & Dryer Group, Inc.'s plans moved +33.4% in assets from 2022 to 2024; this filing shows Midland Savings and Retirement Plan at $16M / 324 participants.

#10,696
in Manufacturing (18,722 peers)
+18.7%
assets growth YoY

Midland Savings and Retirement Plan's outsized position by total assets

Midland Savings and Retirement Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$15,997,950 Top 32% higher than 68% 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

Midland Savings and Retirement 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. Midland Savings and Retirement Plan sits mid-pack in the medium band (324 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midland Savings and Retirement Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Midland Savings and Retirement Plan end-of-year assets rose from $13M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Midland Savings and Retirement Plan reported participants rose from 301 in the plan year 2022 filing to 324 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 611352665 · Industrial Kiln & Dryer Group, Inc. PY 2023 · 401(k)

Midland Savings and Retirement Plan · $16M · 324 · 68th

  • IND $16M
  • EOY 324
  • 5500 68th
  • ASSETS 401(k)
  • PCT near Absentee Shawnee Tribe Savings Incentive Plan
  • EIN ind #10696

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 Manufacturing retirement plans → · Plans in Kentucky →

Midland Savings and Retirement Plan in the asset neighbourhood

Midland Savings and Retirement PlanMidland Savings and Retireme…$16MAbsentee Shawnee Tribe Savings Incentive PlanAbsentee Shawnee Tribe Savin…$16MSunstar Insurance Group 401(k) PlanSunstar Insurance Group 401(…$16MRapid Micro Biosystems, Inc. 401(k) PlanRapid Micro Biosystems, Inc.…$16MSouth Louisiana Bank, Inc. Employee Savings PlanSouth Louisiana Bank, Inc. E…$16M
End-of-year total assets ($M) among Midland Savings and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Industrial Kiln & Dryer Group, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Industrial Kiln & Dryer Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$18M 33.35128168515219% vs 2022
2024 filing year
$12M$14M$16M$18M$20M 202220232024 $13.5M $18M ▲ +33.4%
Year Plans Participants Total Assets
2022 1 301 $13M
2023 1 324 $16M
2024 1 361 $18M

Industrial Kiln & Dryer Group, Inc. filing trail (2023)

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$16M
Net Income$3M
Employer EIN611352665
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Kentucky

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

Midland Savings and Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -20246810 Total assets ($B) Participants Midland Savings and Retirement Plan, Total assets ($B): 0.01599795 · Participants: 324Midland Savings and Retirement PlanCommonspirit Health 401(k) Retirement Savings Plan, Total assets ($B): 7.871320063 · Participants: 86688Commonspirit Health 401(k) Retirement Savings PlanHumana Retirement Savings Plan, Total assets ($B): 7.374962984 · Participants: 45938Humana Retirement Savings PlanUPS/Ipa 401(k) Savings Plan, Total assets ($B): 1.324958147 · Participants: 3159UPS/Ipa 401(k) Savings PlanScionhealth 401(k) Plan, Total assets ($B): 1.221134526 · Participants: 33226Scionhealth 401(k) PlanLexmark Savings Plan, Total assets ($B): 1.205127047 · Participants: 1968Lexmark Savings Plan
Midland Savings and Retirement Plan vs. nearby 401(k) plans in Kentucky, assets vs. participants
Compare Midland Savings and Retirement Plan side-by-side with 3 peers →

Midland Savings and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Kentucky, the nearest 401(k) by assets is Absentee Shawnee Tribe Savings Incentive Plan in OK ($16M); by covered participants it is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (324 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 Midland Savings and Retirement Plan assets move in 2023? ▼
Midland Savings and Retirement Plan grew sharply - up 18.7% during 2023, from $13M to $16M. Reported net income was $3M.
How have Industrial Kiln & Dryer Group, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Industrial Kiln & Dryer Group, Inc.'s sponsor-wide assets grew 33.4%, from $13M to $18M.
Which 401(k) plans are similar in size to Midland Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Absentee Shawnee Tribe Savings Incentive Plan in OK ($16M, 514 participants).
Which 401(k) plans cover a similar participant headcount to Midland Savings and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Holston Gases, Inc. 401(k) Profit Sharing Plan in TN (324 participants, $24M 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 611352665.

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.