401(k) · DOL Form 5500 · 2023

Midwest America Federal Credit Union 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
204
Participants Below avg headcount
64th
Percentile by assets National rank
$64,090
Avg per participant Low balance/head
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Official DOL plan name: Midwest America Federal Credit Union 401(k) Profit Sharing · Sponsored by Midwest America Federal Credit Union · Indiana · Finance & Insurance

$13M in assets, 204 participants

Midwest America Federal Credit Union's Midwest America Federal Credit Union 401(k) Profit Sharing reported $13M in total assets and 204 participants in its 2023 DOL Form 5500 filing, ranking in the 64th 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.

  • #4,377 in Finance & Insurance (8,869 peers)

Coverage in Indiana

Midwest America Federal Credit Union 401(k) Profit Sharing covers 204 participants in Indiana, about 38% of the average Indiana filer (state average ~541 per filing). Assets: $13M.

#4,377
in Finance & Insurance (8,869 peers)
-15.5%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Midwest America Federal Credit Union 401(k) Profit Sharing's mid-pack asset rank among Finance & Insurance and all filers

Midwest America Federal Credit Union 401(k) Profit Sharing vs every filed plan by assets

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

$13,074,286 Top 36% higher than 64% 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 America Federal Credit Union 401(k) Profit Sharing 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 America Federal Credit Union 401(k) Profit Sharing sits mid-pack in the medium band (204 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest America Federal Credit Union 401(k) Profit Sharing reported net income rose from -$3M in the plan year 2022 filing to -$2M in the plan year 2023 filing.
  • Midwest America Federal Credit Union 401(k) Profit Sharing end-of-year assets fell from $15M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Midwest America Federal Credit Union 401(k) Profit Sharing reported participants fell from 213 in the plan year 2022 filing to 204 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 350316722 · Midwest America Federal Credit Union PY 2023 · 401(k)

Midwest America Federal Credit Union 401(k) Profit Sharing · $13M · 204 · 64th

  • ASSETS $13M
  • ASSETS 204
  • ASSETS 64th
  • ASSETS 401(k)
  • ASSETS near Independent Pipe & Supply Corp 401(k) Savings Plan
  • ASSETS ind #4377

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 Finance & Insurance retirement plans → · Plans in Indiana →

Midwest America Federal Credit Union 401(k) Profit Sharing in the asset neighbourhood

Midwest America Federal Credit Union 401(k) Profit SharingMidwest America Federal Cred…$13MIndependent Pipe & Supply Corp 401(k) Savings PlanIndependent Pipe & Supply Co…$13MBeef Northwest Feeders, LLC Employees' Retirement PlanBeef Northwest Feeders, LLC …$13MSonendo, Inc. 401(k) Plan$13MPurple Wave, Inc. Retirement PlanPurple Wave, Inc. Retirement…$13M
End-of-year total assets ($M) among Midwest America Federal Credit Union 401(k) Profit Sharing and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$13M
Net Income-$2M
Employer EIN350316722
Plan Effective Date1993-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest America Federal Credit Union)

Sponsor-wide plan assets over time

All Midwest America Federal Credit Union plans reported in each filing year

Latest sponsor-wide plan assets
$15M 6.0144327762190235% vs 2022
2024 filing year
$12M$13M$14M$15M$16M 202220232024 $15.5M $14.5M ▼ -6.0%
Year Plans Participants Total Assets
2022 1 213 $15M
2023 1 204 $13M
2024 1 193 $15M

Nearby 401(k) Plans in Indiana

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

Midwest America Federal Credit Union 401(k) Profit Sharing vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Midwest America Federal Credit Union 401(k) Profit Sharing, Total assets ($B): 0.013074286 · Participants: 204Midwest America Federal Credit Union 401(k) Profit SharingThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Midwest America Federal Credit Union 401(k) Profit Sharing vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Midwest America Federal Credit Union 401(k) Profit Sharing side-by-side with 3 peers →

Midwest America Federal Credit Union 401(k) Profit Sharing's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Independent Pipe & Supply Corp 401(k) Savings Plan in MA ($13M); by covered participants it is Bankprov 401(k) Plan in MA (204 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($13M here).

Similar participant headcount

Nearest other-state filings by covered participants (204 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 America Federal Credit Union 401(k) Profit Sharing assets move in 2023? ▼
Midwest America Federal Credit Union 401(k) Profit Sharing declined sharply - down 15.5% during 2023, from $15M to $13M. Reported net income was -$2M.
How have Midwest America Federal Credit Union plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest America Federal Credit Union's sponsor-wide assets declined 6.0%, from $15M to $15M.
Which 401(k) plans are similar in size to Midwest America Federal Credit Union 401(k) Profit Sharing? ▼
Among 401(k) plans in other states, the closest by assets is Independent Pipe & Supply Corp 401(k) Savings Plan in MA ($13M, 103 participants).
Which 401(k) plans cover a similar participant headcount to Midwest America Federal Credit Union 401(k) Profit Sharing? ▼
Among 401(k) plans in other states, the closest by covered participants is Bankprov 401(k) Plan in MA (204 participants, $25M 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 350316722.

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.