Profit Sharing
2023 plan-year Profit Sharing DOL Form 5500

Midwest Motor Supply Sales 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Midwest Motor Supply Company · Ohio · Wholesale Trade

What the 2023 filing shows

Midwest Motor Supply Sales 401(k) Plan holds $29M for 2,319 participants — about $12,325 per participant, down 11.0% over the 2023 plan year.

$29M
total plan assets (2023 EOY)
2,319
covered participants
$12,325
avg assets per participant
-11.0%
assets change YoY
Total Assets (2023)
$29M
Participants
2,319
State
Industry
Wholesale Trade

What the Filing Says About Midwest Motor Supply Sales 401(k) Plan

Midwest Motor Supply Sales 401(k) Plan is a Profit Sharing retirement plan sponsored by Midwest Motor Supply Company, headquartered in Ohio. As of the 2023 Form 5500 filing, the plan reports $29M in total end-of-year assets and covers 2,319 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 314408759, and the plan has been effective since 1992-06-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $32M at the beginning of 2023 to $29M at year-end — a decline of 11.0%. Net assets (after liabilities) closed the year at $29M, with reported net income of $6M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$32M
Total Assets (End of Year)$29M
Net Assets (End of Year)$29M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN314408759
Plan Effective Date1992-06-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Midwest Motor Supply Company)

Year Plans Participants Total Assets
2022 2 1,778 $44M
2023 2 2,851 $57M
2024 2 2,526 $70M

Nearby Profit Sharing Plans in Ohio

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Midwest Motor Supply Sales 401(k) Plan?
As of the 2023 Form 5500 filing, Midwest Motor Supply Sales 401(k) Plan holds $29M in total assets with 2,319 participants. It is sponsored by Midwest Motor Supply Company.
What type of plan is Midwest Motor Supply Sales 401(k) Plan?
Midwest Motor Supply Sales 401(k) Plan is a Profit Sharing plan. It has been effective since 1992-06-01. The plan is filed with the U.S. Department of Labor under EIN 314408759.
Who sponsors the Midwest Motor Supply Sales 401(k) Plan?
Midwest Motor Supply Sales 401(k) Plan is sponsored by Midwest Motor Supply Company, located in Ohio. The sponsor's EIN is 314408759 and the plan operates in the Wholesale Trade industry.
How did Midwest Motor Supply Sales 401(k) Plan perform in 2023?
Midwest Motor Supply Sales 401(k) Plan declined by 11.0% during 2023, moving from $32M to $29M in total assets. Net income was $6M.
Where can I find official filings for Midwest Motor Supply Sales 401(k) Plan?
Official Form 5500 filings for Midwest Motor Supply Sales 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 314408759 or plan name at efast.dol.gov.
How does Midwest Motor Supply Sales 401(k) Plan compare to other plans?
You can compare Midwest Motor Supply Sales 401(k) Plan against other Profit Sharing plans on the plan type page, or view plans in Ohio on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 314408759.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.