401(k) · DOL Form 5500 · 2023

Mgpi Processing, Inc. 401(k) Plan

Data updated 2026-08-25

$52M
Total assets Below avg plan size
375
Participants Below avg headcount
86th
Percentile by assets National rank
$137,981
Avg per participant Near avg balance/head
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Official DOL plan name: Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan · Sponsored by Mgpi Processing, Inc. · Kansas · Manufacturing

$52M in assets, 375 participants

Mgpi Processing, Inc.'s Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan reported $52M in total assets and 375 participants in its 2023 DOL Form 5500 filing, ranking in the 86th 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.

  • #14,899 in Manufacturing (18,722 peers)

Where Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan sits by assets

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan sits in the top quartile of all filed plans by assets, $52M for 375 participants (~$137,981/participant), up 19.5% in 2023.

#14,899
in Manufacturing (18,722 peers)
+19.5%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan's outsized position by total assets

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan vs every filed plan by assets

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

$51,742,880 Top 14% higher than 86% 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

Mgp Ingredients Non-Union 401(k) & Profit Sharing 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. Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan sits mid-pack in the medium band (375 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan reported net income rose from -$9M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan reported participants rose from 160 in the plan year 2022 filing to 375 in the plan year 2023 filing.
  • Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan end-of-year assets rose from $43M in the plan year 2022 filing to $52M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 480531200 · Mgpi Processing, Inc. PY 2023 · 401(k)

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan · $52M · 375 · 86th

  • EBSA $52M
  • PART 375
  • TYPE 86th
  • NET 401(k)
  • BOOK near The Burkhart Dental Supply Co. Profit Sharing and 401(k) Plan and Trust
  • VS-ST ind #14899

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 Kansas →

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan in the asset neighbourhood

Mgp Ingredients Non-Union 401(k) & Profit Sharing PlanMgp Ingredients Non-Union 40…$52MThe Burkhart Dental Supply Co. Profit Sharing and 401(k) Plan and TrustThe Burkhart Dental Supply C…$52MPond & Company 401(k) Profit Sharing PlanPond & Company 401(k) Profit…$52MWatermark Retirement Communities, LLC 401(k) PlanWatermark Retirement Communi…$52MBuyers Edge Platform 401(k) PlanBuyers Edge Platform 401(k) …$52M
End-of-year total assets ($M) among Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$43M
Net Assets (End of Year)$52M
Net Income$8M
Employer EIN480531200
Plan Effective Date1997-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Mgpi Processing, Inc.)

Sponsor-wide plan assets over time

All Mgpi Processing, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$73M 28.116831250670494% vs 2022
2024 filing year
$55M$60M$65M$70M$75M 202220232024 $57.1M $73.1M ▲ +28.1%
Year Plans Participants Total Assets
2022 2 267 $57M
2023 2 483 $67M
2024 2 474 $73M

Nearby 401(k) Plans in Kansas

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

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -1012345 Total assets ($B) Participants Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan, Total assets ($B): 0.05174288 · Participants: 375Mgp Ingredients Non-Union 401(k) & Profit Sharing PlanKoch Employees' Savings Plan, Total assets ($B): 3.870107696 · Participants: 11911Koch Employees' Savings PlanPerformance Contracting Group, Inc. ESOP/401(k) Plan, Total assets ($B): 2.90283952 · Participants: 1223Performance Contracting Group, Inc. ESOP/401(k) PlanBlack & Veatch Retirement Program, Total assets ($B): 2.732675203 · Participants: 6890Black & Veatch Retirement ProgramGarmin International, Inc. Retirement Plan, Total assets ($B): 1.784810901 · Participants: 6332Garmin International, Inc. Retirement PlanSpirit Aerosystems Holdings, Inc. Retirement & Savings Plan, Total assets ($B): 1.15584277 · Participants: 7704Spirit Aerosystems Holdings, Inc. Retirement & Savings Plan
Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan vs. nearby 401(k) plans in Kansas, assets vs. participants
Compare Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan side-by-side with 3 peers →

Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Kansas, the nearest 401(k) by assets is The Burkhart Dental Supply Co. Profit Sharing and 401(k) Plan and Trust in WA ($52M); by covered participants it is Schneider Mills Employees' Trust in NC (375 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (375 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 Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan assets move in 2023? ▼
Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan grew sharply - up 19.5% during 2023, from $43M to $52M. Reported net income was $8M.
How have Mgpi Processing, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Mgpi Processing, Inc.'s sponsor-wide assets grew 28.1%, from $57M to $73M.
Where does Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan ranks in the 86th 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 Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Burkhart Dental Supply Co. Profit Sharing and 401(k) Plan and Trust in WA ($52M, 337 participants).
Which 401(k) plans cover a similar participant headcount to Mgp Ingredients Non-Union 401(k) & Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Schneider Mills Employees' Trust in NC (375 participants, $15M 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 480531200.

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.