My Plan Facts

Employers › South Dakota

Employer · plans filed under one EIN

Midwestern Mechanical, Inc.

Sioux Falls, SD · Construction

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances.

$16.6Mnet assets across plans
637participant records552 active
$333Kemployer contributions, latest plan years$603 per active record
$75KSchedule C compensation to organisations$118.18 per participant record

2 retirement plans with 100 or more participants file Form 5500 under Midwestern Mechanical, Inc.'s employer identification number (Sioux Falls, South Dakota). Their latest filings total 637 participant records and $16.6M in net assets.

The largest is Midwestern Mechanical, Inc. 401(k) Profit Sharing Plan, a 401(k) plan with 331 participants. A person can be counted in more than one plan, so the participant total is a count of records rather than of people.

Employer contributions across the plans were $333K and participant contributions $1.3M in the latest plan years; benefits paid were $723K. Schedule C compensation reported to service provider organisations totalled $75K.

Combined net assets moved from $1.8M in 2009 to $16.6M in 2024 (up 838%). Plan mergers and spin-offs show up here as steps in the series.

Plans

PlanKindPlan yearParticipantsNet assetsPer participantEmployer / activeSch. C compensation
Midwestern Mechanical, Inc. 401(k) Profit Sharing Plan401(k) plan2024331$13.3M$40,300$1,173$75K
Midwestern Mechanical Employee Stock Ownership Planemployee stock ownership plan2024306$3.3M$10,773$36$0
US median, plan year 2024: DC plans $53,102 per participant, $2,175 employer contribution per active participant; DB plans $86,221 and $10,244.

Trend by plan year

2009: $1.8M2010: $1.9M2011: $2.4M2012: $3.0M2013: $3.5M2014: $3.6M2015: $4.5M2016: $5.1M2017: $6.1M2018: $7.1M2019: $8.1M2020: $9.6M2021: $8.3M2022: $9.3M2023: $11.0M2024: $16.6M$1.8M$16.6M20092012201620202024
Combined net assets
2009: 1292010: 1512011: 1462012: 1522013: 1692014: 1862015: 2152016: 2422017: 2652018: 2722019: 2832020: 2962021: 2922022: 2982023: 3222024: 63712963720092012201620202024
Participant records
Plan yearPlansParticipant recordsNet assetsEmployer contributionsParticipant contributions
20242637$16.6M$333K$1.3M
20231322$11.0M$285K$1.1M
20221298$9.3M$77K$290K
20211292$8.3M$204K$1.0M
20201296$9.6M$239K$833K
20191283$8.1M$230K$746K
20181272$7.1M$234K$724K
20171265$6.1M$211K$638K
20161242$5.1M$177K$530K
20151215$4.5M$143K$410K
20141186$3.6M$101K$285K
20131169$3.5M$72K$218K
20121152$3.0M$60K$172K
20111146$2.4M$0$158K
20101151$1.9M$0$171K
20091129$1.8M$45K$147K

History of the plans listed above, in the years each filed the full Form 5500 with 100 or more participants. Plans that have since terminated are not included.

Service providers

OrganisationServices reportedPlansCompensation reported
Empower Annuity Insurance Company O—1$44,607
Vpag LLC DBA Visionpoint Advisory GInvestment advisory (plan)1$30,673

Organisations paid $5,000 or more by any of these plans, from Schedule C. Individuals are not shown.

Empower Annuity Insurance Company O$45K
Vpag LLC DBA Visionpoint Advisory G$31K

Questions and answers

How many retirement plans does Midwestern Mechanical, Inc. have?

2 plans with 100 or more participants filed Form 5500 under its employer identification number for the latest plan years: Midwestern Mechanical, Inc. 401(k) Profit Sharing Plan and Midwestern Mechanical Employee Stock Ownership Plan. Smaller plans and plans filed under a subsidiary's number are not grouped here.

How much does Midwestern Mechanical, Inc. contribute to its plans?

$332,617 in employer contributions across these plans in their latest plan years, about $603 per active participant record. Form 5500 reports totals and not the match or accrual formula.

Who provides services to these plans?

Schedule C filings name Empower Annuity Insurance Company O and Vpag LLC DBA Visionpoint Advisory G. Only organisations paid $5,000 or more by a plan are listed on Schedule C.

Where does this come from?

Form 5500 annual reports filed with the Department of Labor's EFAST2 system, from the EBSA research files, with filings received through 24 Aug 2026. Figures are as filed and may be amended.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, public domain, with filings received through 24 Aug 2026. Plans are grouped by the sponsor's employer identification number exactly as filed; a company that files under several EINs appears as several employers. See the methodology and corrections.