401(k) · DOL Form 5500 · 2024

Midwest Holding Group, Inc. 401(k) Plan

Data updated 2026-08-11

$25M
Total assets
637
Participants
74th
Percentile by assets
$39,172
Avg per participant
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Official DOL plan name: Millis Transfer 401(k) Savings Plan · Sponsored by Midwest Holding Group, Inc. · Wisconsin · Transportation & Warehousing

$25M in assets, 637 participants

Midwest Holding Group, Inc.'s Millis Transfer 401(k) Savings Plan reported $25M in total assets and 637 participants in its 2024 DOL Form 5500 filing, ranking in the 74th 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.

  • 74th percentile by assets (of 123,622 plans)
  • #2,446 in Transportation & Warehousing (3,299 peers)

2024 asset change

Millis Transfer 401(k) Savings Plan pulled back noticeably 9.8% in 2024 ($28M → $25M) for 637 participants.

$25M
total plan assets (2024 EOY)
637
covered participants
74th
percentile by assets (of 123,622 plans)
$39,172
avg assets per participant

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Millis Transfer 401(k) Savings Plan reported net income fell from $2M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • Millis Transfer 401(k) Savings Plan end-of-year assets fell from $28M in the plan year 2023 filing to $25M in the plan year 2024 filing.
  • Millis Transfer 401(k) Savings Plan reported participants fell from 668 in the plan year 2023 filing to 637 in the plan year 2024 filing.

See the national 2023→2024 release diff →

2024 asset move for Millis Transfer 401(k) Savings Plan

Year over year, total assets pulled back noticeably from $28M at the start of 2024 to $25M at year-end (down 9.8%). Net assets closed at $25M; reported net income -$3M.

Midwest Holding Group, Inc. years around the 2024 move

$24M$25M$26M$27M$28M 202220232024 $25.2M $25M ▼ -1.0%
Total plan assets by year, all Midwest Holding Group, Inc. plans on file
Year Plans Participants Total Assets
2022 1 713 $25M
2023 1 668 $28M
2024 2 1,275 $25M

2024 asset-move particulars

Total Assets (Beginning of Year)$28M
Net Assets (End of Year)$25M
Net Income-$3M
Employer EIN270959179
Plan Effective Date2019-08-21
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Wisconsin

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

Millis Transfer 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Millis Transfer 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Millis Transfer 401(…Advocate Aurora Heal…Johnson Controls Ret…Fiserv 401(k) Saving…Kimberly-Clark Corpo…Rockwell Automation …
Millis Transfer 401(k) Savings Plan vs. nearby 401(k) plans in Wisconsin, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Millis Transfer 401(k) Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Millis Transfer 401(k) Savings Plan assets move in 2024?
Millis Transfer 401(k) Savings Plan pulled back noticeably - down 9.8% during 2024, from $28M to $25M. Reported net income was -$3M.
How have Midwest Holding Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Midwest Holding Group, Inc.'s sponsor-wide assets declined 1.0%, from $25M to $25M.
Which 401(k) plans are similar in size to Millis Transfer 401(k) Savings Plan?
Among 401(k) plans in other states, the closest by assets is Sdi Stores, LLC 401(k) Plan in CT ($25M, 595 participants).

2024 change

Ways to act on Millis Transfer 401(k) Savings Plan's numbers.