Profit Sharing · DOL Form 5500 · 2023

Midwest Marine, Inc. Profit Sharing Plan

Data updated 2026-08-25

$415K
Total assets Small plan by assets
13
Participants Small participant base
16th
Percentile by assets National rank
$31,889
Avg per participant Low balance/head
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Official DOL plan name: Midwest Marine, Inc. Employees Profit Sharing Plan · Sponsored by Midwest Marine, Inc. · Michigan · Transportation & Warehousing

$415K in assets, 13 participants

Midwest Marine, Inc.'s Midwest Marine, Inc. Employees Profit Sharing Plan reported $415K in total assets and 13 participants in its 2023 DOL Form 5500 filing, ranking in the 16th 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.

  • #581 in Transportation & Warehousing (3,362 peers)

Midwest Marine, Inc. multi-year trail

Midwest Marine, Inc.'s plans moved +10.7% in assets from 2022 to 2023; this filing shows Midwest Marine, Inc. Employees Profit Sharing Plan at $415K / 13 participants.

#581
in Transportation & Warehousing (3,362 peers)
+10.7%
assets growth YoY

Midwest Marine, Inc. Employees Profit Sharing Plan among the smaller filed plans by assets

Midwest Marine, Inc. Employees Profit Sharing Plan vs every filed plan by assets

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

$414,562 16th percentile higher than 16% 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 Marine, Inc. Employees Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Midwest Marine, Inc. Employees Profit Sharing Plan is a small filing (13 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Midwest Marine, Inc. Employees Profit Sharing Plan reported net income fell from $63K in the plan year 2022 filing to $40K in the plan year 2023 filing.
  • Midwest Marine, Inc. Employees Profit Sharing Plan end-of-year assets rose from $374K in the plan year 2022 filing to $415K in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 382891936 · Midwest Marine, Inc. PY 2023 · Profit Sharing

Midwest Marine, Inc. Employees Profit Sharing Plan · $415K · 13 · 16th

  • TYPE $415K
  • TYPE 13
  • TYPE 16th
  • TYPE Profit Sharing
  • TYPE near Jose R. Gonzalez Velez Retirement Plan
  • TYPE ind #581

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 Transportation & Warehousing retirement plans → · Plans in Michigan →

Midwest Marine, Inc. Employees Profit Sharing Plan in the asset neighbourhood

Midwest Marine, Inc. Employees Profit Sharing PlanMidwest Marine, Inc. Employe…$415KJose R. Gonzalez Velez Retirement PlanJose R. Gonzalez Velez Retir…$414KDdr Sheridan Corp. Retirement PlanDdr Sheridan Corp. Retiremen…$414KCollins Manufacturing, Inc. Profit Sharing PlanCollins Manufacturing, Inc. …$414KIcore Enterprises, Inc. Retirement PlanIcore Enterprises, Inc. Reti…$415K
End-of-year total assets ($M) among Midwest Marine, Inc. Employees Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Midwest Marine, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Midwest Marine, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$415K 10.73915679868789% vs 2022
2023 filing year
$0.36M$0.38M$0.4M$0.42M 20222023 $0.37M $0.41M ▲ +10.8%
Year Plans Participants Total Assets
2022 1 13 $374K
2023 1 13 $415K

Midwest Marine, Inc. filing trail (2023)

Total Assets (Beginning of Year)$374K
Net Assets (End of Year)$415K
Net Income$40K
Employer EIN382891936
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Michigan

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

Midwest Marine, Inc. Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants Scatter plot of 6 data points. -500005000100001500020000 -0.500.511.52 Total assets ($B) Participants Midwest Marine, Inc. Employees Profit Sharing Plan, Total assets ($B): 0.000414562 · Participants: 13Midwest Marine, Inc. Employees Profit Sharing PlanHenry Ford Health System Retirement Savings Plan, Total assets ($B): 1.723538402 · Participants: 14349Henry Ford Health System Retirement Savings PlanConstruction Industry Retirement Fund of Rockford, Total assets ($B): 0.564072893 · Participants: 10685Construction Industry Retirement Fund of RockfordOhio Carpenters' Annuity Plan, Total assets ($B): 0.409857897 · Participants: 9314Ohio Carpenters' Annuity PlanHemlock Semiconductor Operations LLC Employees' Capital Accumulation Plan, Total assets ($B): 0.288437417 · Participants: 1404Hemlock Semiconductor Operations LLC Employees' Capital Accumulation PlanNECA-IBEW Memphis Retirement Plan, Total assets ($B): 0.213370381 · Participants: 2389NECA-IBEW Memphis Retirement Plan
Midwest Marine, Inc. Employees Profit Sharing Plan vs. nearby Profit Sharing plans in Michigan, assets vs. participants
Compare Midwest Marine, Inc. Employees Profit Sharing Plan side-by-side with 3 peers →

Midwest Marine, Inc. Employees Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Michigan, the nearest Profit Sharing by assets is Jose R. Gonzalez Velez Retirement Plan in PR ($414K); by covered participants it is Tile & Light Art of Durango Inc. Retirement Plan in CO (13 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($415K here).

Similar participant headcount

Nearest other-state filings by covered participants (13 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 Marine, Inc. Employees Profit Sharing Plan assets move in 2023? ▼
Midwest Marine, Inc. Employees Profit Sharing Plan grew at a solid clip - up 10.7% during 2023, from $374K to $415K. Reported net income was $40K.
How have Midwest Marine, Inc. plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Midwest Marine, Inc.'s sponsor-wide assets grew 10.7%, from $374K to $415K.
Where does Midwest Marine, Inc. Employees Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Midwest Marine, Inc. Employees Profit Sharing Plan ranks in the 16th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the smaller plans by assets on file).
Which Profit Sharing plans are similar in size to Midwest Marine, Inc. Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Jose R. Gonzalez Velez Retirement Plan in PR ($414K, 1 participant).
Which Profit Sharing plans cover a similar participant headcount to Midwest Marine, Inc. Employees Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Tile & Light Art of Durango Inc. Retirement Plan in CO (13 participants, $2M 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 382891936.

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.