401(k) · DOL Form 5500 · 2023

Midwest Insurance Company 401(k) Plan

Data updated 2026-08-25

$14M
Total assets Small plan by assets
122
Participants Small participant base
66th
Percentile by assets National rank
$114,568
Avg per participant Below avg balance/head
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Official DOL plan name: Midwest Insurance Company 401(k) Profit Sharing Plan · Sponsored by Midwest Insurance Company · Illinois · Finance & Insurance

$14M in assets, 122 participants

Midwest Insurance Company's Midwest Insurance Company 401(k) Profit Sharing Plan reported $14M in total assets and 122 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • #4,510 in Finance & Insurance (8,869 peers)

Coverage in Illinois

Midwest Insurance Company 401(k) Profit Sharing Plan covers 122 participants in Illinois, about 16% of the average Illinois filer (state average ~779 per filing). Assets: $14M.

#4,510
in Finance & Insurance (8,869 peers)
+17.6%
assets growth YoY

Midwest Insurance Company 401(k) Profit Sharing Plan's mid-pack asset rank among Finance & Insurance and all filers

Midwest Insurance Company 401(k) Profit Sharing Plan vs every filed plan by assets

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

$13,977,323 Top 34% higher than 66% 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 Insurance Company 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. Midwest Insurance Company 401(k) Profit Sharing Plan sits mid-pack in the medium band (122 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Insurance Company 401(k) Profit Sharing Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Midwest Insurance Company 401(k) Profit Sharing Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Midwest Insurance Company 401(k) Profit Sharing Plan reported participants rose from 104 in the plan year 2022 filing to 122 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 371370035 · Midwest Insurance Company PY 2023 · 401(k)

Midwest Insurance Company 401(k) Profit Sharing Plan · $14M · 122 · 66th

  • RANK $14M
  • RANK 122
  • RANK 66th
  • RANK 401(k)
  • RANK near Insidere 401(k) Retirement Plan
  • RANK ind #4510

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 Illinois →

Midwest Insurance Company 401(k) Profit Sharing Plan in the asset neighbourhood

Midwest Insurance Company 401(k) Profit Sharing PlanMidwest Insurance Company 40…$14MInsidere 401(k) Retirement PlanInsidere 401(k) Retirement P…$14MAuto Tire & Parts Company, Inc. 401(k) PlanAuto Tire & Parts Company, I…$14MC.R.T.S., Inc 401(k) Profit Sharing PlanC.R.T.S., Inc 401(k) Profit …$14MCyberthink, Inc. 401(k) Profit Sharing PlanCyberthink, Inc. 401(k) Prof…$14M
End-of-year total assets ($M) among Midwest Insurance Company 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$12M
Net Assets (End of Year)$14M
Net Income$2M
Employer EIN371370035
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Insurance Company)

Sponsor-wide plan assets over time

All Midwest Insurance Company plans reported in each filing year

Latest sponsor-wide plan assets
$15M 28.596750736993243% vs 2022
2024 filing year
$10M$12M$14M$16M 202220232024 $11.9M $15.3M ▲ +28.6%
Year Plans Participants Total Assets
2022 1 104 $12M
2023 1 122 $14M
2024 1 64 $15M

Nearby 401(k) Plans in Illinois

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

Midwest Insurance Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Midwest Insurance Company 401(k) Profit Sharing Plan, Total assets ($B): 0.013977323 · Participants: 122Midwest Insurance Company 401(k) Profit Sharing PlanAccenture 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 Insurance Company 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Midwest Insurance Company 401(k) Profit Sharing Plan side-by-side with 3 peers →

Midwest Insurance Company 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Insidere 401(k) Retirement Plan in SC ($14M); by covered participants it is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($14M here).

Similar participant headcount

Nearest other-state filings by covered participants (122 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 Insurance Company 401(k) Profit Sharing Plan assets move in 2023? ▼
Midwest Insurance Company 401(k) Profit Sharing Plan grew sharply - up 17.6% during 2023, from $12M to $14M. Reported net income was $2M.
How have Midwest Insurance Company plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Midwest Insurance Company's sponsor-wide assets grew 28.6%, from $12M to $15M.
Which 401(k) plans are similar in size to Midwest Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Insidere 401(k) Retirement Plan in SC ($14M, 503 participants).
Which 401(k) plans cover a similar participant headcount to Midwest Insurance Company 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is G & L Davis Meat Co. Inc. 401(k) Plan in NY (122 participants, $12M 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 371370035.

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.