Profit Sharing · DOL Form 5500 · 2023
Midwest Irrigation LLC Profit Sharing Plan
Data updated 2026-08-11
- $24M
- Total assets
- 15
- Participants
- 76th
- Percentile by assets
- $1.6M
- Avg per participant
Official DOL plan name: Midwest Irrigation Company Profit Sharing Plan · Sponsored by Midwest Irrigation LLC · Illinois · Administrative & Support Services
$24M in assets, 15 participants
Midwest Irrigation LLC's Midwest Irrigation Company Profit Sharing Plan reported $24M in total assets and 15 participants in its 2023 DOL Form 5500 filing, ranking in the 76th 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.
- 76th percentile by assets (of 127,072 plans)
- #3,828 in Administrative & Support Services (4,372 peers)
Where Midwest Irrigation Company Profit Sharing Plan sits by assets
Midwest Irrigation Company Profit Sharing Plan sits in the top quartile of all filed plans by assets, $24M for 15 participants (~$1.6M/participant), up 6.7% in 2023.
- $24M
- total plan assets (2023 EOY)
- 15
- covered participants
- 76th
- percentile by assets (of 127,072 plans)
- $1.6M
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Midwest Irrigation Company Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $1M in the plan year 2023 filing.
- Midwest Irrigation Company Profit Sharing Plan reported participants rose from 14 in the plan year 2022 filing to 15 in the plan year 2023 filing.
- Midwest Irrigation Company Profit Sharing Plan end-of-year assets rose from $22M in the plan year 2022 filing to $24M in the plan year 2023 filing.
Midwest Irrigation Company Profit Sharing Plan vs the 2023 asset distribution
By assets, Midwest Irrigation Company Profit Sharing Plan outranks 76% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.2x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2023)
| Total Assets (Beginning of Year) | $22M |
|---|---|
| Net Assets (End of Year) | $24M |
| Net Income | $1M |
| Employer EIN | 611411115 |
| Plan Effective Date | 1974-12-17 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Midwest Irrigation LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 14 | $22M |
| 2023 | 1 | 15 | $24M |
| 2024 | 1 | 15 | $24M |
Nearby Profit Sharing Plans in Illinois
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Midwest Irrigation Company Profit Sharing Plan vs. nearby Profit Sharing plans in Illinois, assets vs. participants
- W. W. Grainger, Inc. Retirement Savings Plan $3.5B · 18,524
- Electrical Contractors Assoc. of the City of Chgo Union 134, IBEW Joint Pension Trust of Chgo Plan 5 $3.2B · 23,108
- Mcmaster-Carr Supply Company Profit Sharing Trust $2.7B · 4,366
- Mid-America Carpenters Regional Council Supplemental Retirement Plan $1.8B · 16,214
- Carle Foundation Hospital and Affiliates Matching Tsa Plan $1.2B · 15,604
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Midwest Irrigation Company Profit Sharing Plan by total assets, not by location.
Frequently Asked Questions
How did Midwest Irrigation Company Profit Sharing Plan assets move in 2023? ▼
How have Midwest Irrigation LLC plan assets changed over time? ▼
Where does Midwest Irrigation Company Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Midwest Irrigation Company Profit Sharing Plan? ▼
Next read for Midwest Irrigation Company Profit Sharin…
Scale reading
Ways to act on Midwest Irrigation Company Profit Sharing Plan's numbers.
- By total assets, Midwest Irrigation Company Profit Sharing Plan ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Illinois. Compare plans
- Midwest Irrigation LLC's sponsor-wide assets have grown 7.0% since 2022 across 3 plan years on file. More Administrative & Support Services plans