401k Plan data: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST plan

MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 401k Plan overview

Plan Name	MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST
Plan identification number	002

MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

MIDWEST ENERGY, INC. has sponsored the creation of one or more 401k plans.

Company Name: MIDWEST ENERGY, INC.

Employer identification number (EIN): 364472046

NAIC Classification: 424990
NAIC Description: Other Miscellaneous Nondurable Goods Merchant Wholesalers

Additional information about MIDWEST ENERGY, INC.

Jurisdiction of Incorporation: Florida Department of State Division of Corporations

Incorporation Date: 2001-12-04

Company Identification Number: P01000115151

Legal Registered Office Address: 13700 Perdido Key Drive

Perdido Key

32507

More information about MIDWEST ENERGY, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2022-01-01 GREG CIBINSKI 2023-10-16
002 2021-01-01 GREG CIBINSKI 2022-10-14
002 2021-01-01 GREG CIBINSKI 2022-11-29
002 2020-01-01 GREG CIBINSKI 2021-10-15
002 2019-01-01 GREG CIBINSKI 2020-10-12
002 2018-01-01 GREGORY CIBINSKI 2019-10-03 GREGORY CIBINSKI 2019-10-03
002 2017-01-01 GREGORY CIBINSKI 2018-10-08 GREGORY CIBINSKI 2018-10-08
002 2016-01-01 GREGORY CIBINSKI 2017-10-09 GREGORY CIBINSKI 2017-10-09
002 2015-01-01 GREGORY CIBINSKI 2016-09-30 GREGORY CIBINSKI 2016-09-30

Plan id#	Filing Submission Date	Name of Administrator	Date Administrator Signed	Name of Company Sponsor	Date Sponsor Signed
002	2022-01-01	GREG CIBINSKI	2023-10-16
002	2021-01-01	GREG CIBINSKI	2022-10-14
002	2021-01-01	GREG CIBINSKI	2022-11-29
002	2020-01-01	GREG CIBINSKI	2021-10-15
002	2019-01-01	GREG CIBINSKI	2020-10-12
002	2018-01-01	GREGORY CIBINSKI	2019-10-03	GREGORY CIBINSKI	2019-10-03
002	2017-01-01	GREGORY CIBINSKI	2018-10-08	GREGORY CIBINSKI	2018-10-08
002	2016-01-01	GREGORY CIBINSKI	2017-10-09	GREGORY CIBINSKI	2017-10-09
002	2015-01-01	GREGORY CIBINSKI	2016-09-30	GREGORY CIBINSKI	2016-09-30

Plan Statistics for MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST

401k plan membership statisitcs for MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST

Measure Date Value
2022: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2022 401k membership
Market value of plan assets 2022-12-31 3,904,357
Acturial value of plan assets 2022-12-31 3,904,357
Funding target for retired participants and beneficiaries receiving payment 2022-12-31 0
Number of terminated vested participants 2022-12-31 0
Fundng target for terminated vested participants 2022-12-31 0
Active participant vested funding target 2022-12-31 3,901,072
Number of active participants 2022-12-31 4
Total funding liabilities for active participants 2022-12-31 3,901,072
Total participant count 2022-12-31 4
Total funding target for all participants 2022-12-31 3,901,072
Balance at beginning of prior year after applicable adjustments 2022-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2022-12-31 100,609
Carryover balanced portion elected for use to offset prior years funding requirement 2022-12-31 0
Prefunding balanced used to offset prior years funding requirement 2022-12-31 100,609
Amount remaining of carryover balance 2022-12-31 0
Amount remaining of prefunding balance 2022-12-31 0
Present value of excess contributions 2022-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2022-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2022-12-31 0
Reductions in caryover balances due to elections or deemed elections 2022-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2022-12-31 0
Balance of carryovers at beginning of current year 2022-12-31 0
Balance of prefunding at beginning of current year 2022-12-31 0
Total employer contributions 2022-12-31 788,188
Total employee contributions 2022-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2022-12-31 1,411
Contributions made to avoid restrictions adjusted to valuation date 2022-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2022-12-31 752,529
Unpaid minimum required contributions for all prior years 2022-12-31 1,411
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2022-12-31 1,411
Remaining amount of unpaid minimum required contributions 2022-12-31 0
Minimum required contributions for current year target normal cost 2022-12-31 0
Net shortfall amortization installment of oustanding balance 2022-12-31 0
Waiver amortization installment 2022-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2022-12-31 0
Carryover balance elected to use to offset funding requirement 2022-12-31 0
Prefunding balance elected to use to offset funding requirement 2022-12-31 0
Additional cash requirement 2022-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2022-12-31 752,529
Unpaid minimum required contributions for current year 2022-12-31 0
Unpaid minimum required contributions for all years 2022-12-31 0
2021: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2021 401k membership
Market value of plan assets 2021-12-31 3,444,741
Acturial value of plan assets 2021-12-31 3,444,741
Funding target for retired participants and beneficiaries receiving payment 2021-12-31 0
Number of terminated vested participants 2021-12-31 0
Fundng target for terminated vested participants 2021-12-31 0
Active participant vested funding target 2021-12-31 3,249,916
Number of active participants 2021-12-31 4
Total funding liabilities for active participants 2021-12-31 3,249,916
Total participant count 2021-12-31 4
Total funding target for all participants 2021-12-31 3,249,916
Balance at beginning of prior year after applicable adjustments 2021-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2021-12-31 208,689
Carryover balanced portion elected for use to offset prior years funding requirement 2021-12-31 0
Prefunding balanced used to offset prior years funding requirement 2021-12-31 118,634
Amount remaining of carryover balance 2021-12-31 0
Amount remaining of prefunding balance 2021-12-31 90,055
Present value of excess contributions 2021-12-31 2,990
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2021-12-31 2,990
Reductions in caryover balances due to elections or deemed elections 2021-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2021-12-31 0
Balance of carryovers at beginning of current year 2021-12-31 0
Balance of prefunding at beginning of current year 2021-12-31 100,609
Total employer contributions 2021-12-31 475,000
Total employee contributions 2021-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2021-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2021-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2021-12-31 459,874
Unpaid minimum required contributions for all prior years 2021-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2021-12-31 0
Remaining amount of unpaid minimum required contributions 2021-12-31 0
Minimum required contributions for current year target normal cost 2021-12-31 641,419
Net shortfall amortization installment of oustanding balance 2021-12-31 0
Waiver amortization installment 2021-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2021-12-31 552,193
Prefunding balance elected to use to offset funding requirement 2021-12-31 105,599
Additional cash requirement 2021-12-31 446,594
Contributions allocatedtoward minimum required contributions for current year 2021-12-31 459,874
Unpaid minimum required contributions for current year 2021-12-31 0
Unpaid minimum required contributions for all years 2021-12-31 0
2020: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2020 401k membership
Market value of plan assets 2020-12-31 2,932,717
Acturial value of plan assets 2020-12-31 2,932,717
Funding target for retired participants and beneficiaries receiving payment 2020-12-31 0
Number of terminated vested participants 2020-12-31 0
Fundng target for terminated vested participants 2020-12-31 0
Active participant vested funding target 2020-12-31 2,524,985
Number of active participants 2020-12-31 4
Total funding liabilities for active participants 2020-12-31 2,524,985
Total participant count 2020-12-31 4
Total funding target for all participants 2020-12-31 2,524,985
Balance at beginning of prior year after applicable adjustments 2020-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2020-12-31 228,159
Carryover balanced portion elected for use to offset prior years funding requirement 2020-12-31 0
Prefunding balanced used to offset prior years funding requirement 2020-12-31 45,691
Amount remaining of carryover balance 2020-12-31 0
Amount remaining of prefunding balance 2020-12-31 182,468
Present value of excess contributions 2020-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2020-12-31 0
Reductions in caryover balances due to elections or deemed elections 2020-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2020-12-31 0
Balance of carryovers at beginning of current year 2020-12-31 0
Balance of prefunding at beginning of current year 2020-12-31 208,689
Total employer contributions 2020-12-31 344,568
Total employee contributions 2020-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2020-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2020-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2020-12-31 322,697
Unpaid minimum required contributions for all prior years 2020-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2020-12-31 0
Remaining amount of unpaid minimum required contributions 2020-12-31 0
Minimum required contributions for current year target normal cost 2020-12-31 632,675
Net shortfall amortization installment of oustanding balance 2020-12-31 0
Waiver amortization installment 2020-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2020-12-31 444,546
Prefunding balance elected to use to offset funding requirement 2020-12-31 124,839
Additional cash requirement 2020-12-31 319,707
Contributions allocatedtoward minimum required contributions for current year 2020-12-31 322,697
Unpaid minimum required contributions for current year 2020-12-31 0
Unpaid minimum required contributions for all years 2020-12-31 0
2019: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2019 401k membership
Market value of plan assets 2019-12-31 2,025,048
Acturial value of plan assets 2019-12-31 2,025,048
Funding target for retired participants and beneficiaries receiving payment 2019-12-31 0
Number of terminated vested participants 2019-12-31 0
Fundng target for terminated vested participants 2019-12-31 0
Active participant vested funding target 2019-12-31 1,832,088
Number of active participants 2019-12-31 4
Total funding liabilities for active participants 2019-12-31 1,832,088
Total participant count 2019-12-31 4
Total funding target for all participants 2019-12-31 1,832,088
Prefunding balance at beginning of prior year after applicable adjustments 2019-12-31 247,515
Prefunding balanced used to offset prior years funding requirement 2019-12-31 0
Amount remaining of carryover balance 2019-12-31 0
Amount remaining of prefunding balance 2019-12-31 247,515
Present value of excess contributions 2019-12-31 820
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2019-12-31 820
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2019-12-31 0
Reductions in caryover balances due to elections or deemed elections 2019-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2019-12-31 0
Balance of carryovers at beginning of current year 2019-12-31 0
Balance of prefunding at beginning of current year 2019-12-31 228,159
Total employer contributions 2019-12-31 640,644
Total employee contributions 2019-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2019-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2019-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2019-12-31 599,439
Unpaid minimum required contributions for all prior years 2019-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2019-12-31 0
Remaining amount of unpaid minimum required contributions 2019-12-31 0
Minimum required contributions for current year target normal cost 2019-12-31 639,831
Net shortfall amortization installment of oustanding balance 2019-12-31 46,288
Waiver amortization installment 2019-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2019-12-31 647,351
Prefunding balance elected to use to offset funding requirement 2019-12-31 47,912
Additional cash requirement 2019-12-31 599,439
Contributions allocatedtoward minimum required contributions for current year 2019-12-31 599,439
Unpaid minimum required contributions for current year 2019-12-31 0
Unpaid minimum required contributions for all years 2019-12-31 0
2018: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2018 401k membership
Market value of plan assets 2018-12-31 1,241,897
Acturial value of plan assets 2018-12-31 1,241,897
Funding target for retired participants and beneficiaries receiving payment 2018-12-31 0
Number of terminated vested participants 2018-12-31 0
Fundng target for terminated vested participants 2018-12-31 0
Active participant vested funding target 2018-12-31 1,105,370
Number of active participants 2018-12-31 4
Total funding liabilities for active participants 2018-12-31 1,105,370
Total participant count 2018-12-31 4
Total funding target for all participants 2018-12-31 1,105,370
Balance at beginning of prior year after applicable adjustments 2018-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2018-12-31 42,649
Carryover balanced portion elected for use to offset prior years funding requirement 2018-12-31 0
Prefunding balanced used to offset prior years funding requirement 2018-12-31 0
Amount remaining of carryover balance 2018-12-31 0
Amount remaining of prefunding balance 2018-12-31 42,649
Present value of excess contributions 2018-12-31 200,059
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-12-31 200,059
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2018-12-31 200,059
Reductions in caryover balances due to elections or deemed elections 2018-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2018-12-31 0
Balance of carryovers at beginning of current year 2018-12-31 0
Balance of prefunding at beginning of current year 2018-12-31 247,515
Total employer contributions 2018-12-31 578,083
Total employee contributions 2018-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2018-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-12-31 557,360
Unpaid minimum required contributions for all prior years 2018-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-12-31 0
Remaining amount of unpaid minimum required contributions 2018-12-31 0
Minimum required contributions for current year target normal cost 2018-12-31 556,540
Net shortfall amortization installment of oustanding balance 2018-12-31 0
Waiver amortization installment 2018-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2018-12-31 556,540
Carryover balance elected to use to offset funding requirement 2018-12-31 0
Prefunding balance elected to use to offset funding requirement 2018-12-31 0
Additional cash requirement 2018-12-31 556,540
Contributions allocatedtoward minimum required contributions for current year 2018-12-31 557,360
Unpaid minimum required contributions for current year 2018-12-31 0
Unpaid minimum required contributions for all years 2018-12-31 0
2017: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2017 401k membership
Market value of plan assets 2017-12-31 750,565
Acturial value of plan assets 2017-12-31 750,565
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 0
Number of terminated vested participants 2017-12-31 0
Fundng target for terminated vested participants 2017-12-31 0
Active participant vested funding target 2017-12-31 702,304
Number of active participants 2017-12-31 4
Total funding liabilities for active participants 2017-12-31 702,304
Total participant count 2017-12-31 4
Total funding target for all participants 2017-12-31 702,304
Balance at beginning of prior year after applicable adjustments 2017-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 17,370
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 0
Amount remaining of prefunding balance 2017-12-31 17,370
Present value of excess contributions 2017-12-31 25,368
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 25,368
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 25,368
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 0
Balance of prefunding at beginning of current year 2017-12-31 42,649
Total employer contributions 2017-12-31 563,327
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 528,597
Liquidity shortfalls end of Q1 2017-12-31 0
Liquidity shortfalls end of Q2 2017-12-31 0
Liquidity shortfalls end of Q3 2017-12-31 0
Liquidity shortfalls end of Q4 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 331,710
Net shortfall amortization installment of oustanding balance 2017-12-31 0
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 328,538
Carryover balance elected to use to offset funding requirement 2017-12-31 0
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 328,538
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 528,597
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
2016: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2016 401k membership
Market value of plan assets 2016-12-31 343,242
Acturial value of plan assets 2016-12-31 343,242
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 0
Number of terminated vested participants 2016-12-31 0
Fundng target for terminated vested participants 2016-12-31 0
Active participant vested funding target 2016-12-31 337,346
Number of active participants 2016-12-31 4
Total funding liabilities for active participants 2016-12-31 337,346
Total participant count 2016-12-31 4
Total funding target for all participants 2016-12-31 337,346
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 17,370
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 17,370
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 17,370
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 17,370
Total employer contributions 2016-12-31 357,164
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 343,012
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 317,644
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Waived amount of outstanding balance 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 317,644
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 317,644
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 343,012
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0

Measure	Date	Value
2022: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2022 401k membership
Market value of plan assets	2022-12-31	3,904,357
Acturial value of plan assets	2022-12-31	3,904,357
Funding target for retired participants and beneficiaries receiving payment	2022-12-31	0
Number of terminated vested participants	2022-12-31	0
Fundng target for terminated vested participants	2022-12-31	0
Active participant vested funding target	2022-12-31	3,901,072
Number of active participants	2022-12-31	4
Total funding liabilities for active participants	2022-12-31	3,901,072
Total participant count	2022-12-31	4
Total funding target for all participants	2022-12-31	3,901,072
Balance at beginning of prior year after applicable adjustments	2022-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2022-12-31	100,609
Carryover balanced portion elected for use to offset prior years funding requirement	2022-12-31	0
Prefunding balanced used to offset prior years funding requirement	2022-12-31	100,609
Amount remaining of carryover balance	2022-12-31	0
Amount remaining of prefunding balance	2022-12-31	0
Present value of excess contributions	2022-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2022-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2022-12-31	0
Reductions in caryover balances due to elections or deemed elections	2022-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2022-12-31	0
Balance of carryovers at beginning of current year	2022-12-31	0
Balance of prefunding at beginning of current year	2022-12-31	0
Total employer contributions	2022-12-31	788,188
Total employee contributions	2022-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2022-12-31	1,411
Contributions made to avoid restrictions adjusted to valuation date	2022-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2022-12-31	752,529
Unpaid minimum required contributions for all prior years	2022-12-31	1,411
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2022-12-31	1,411
Remaining amount of unpaid minimum required contributions	2022-12-31	0
Minimum required contributions for current year target normal cost	2022-12-31	0
Net shortfall amortization installment of oustanding balance	2022-12-31	0
Waiver amortization installment	2022-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2022-12-31	0
Carryover balance elected to use to offset funding requirement	2022-12-31	0
Prefunding balance elected to use to offset funding requirement	2022-12-31	0
Additional cash requirement	2022-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2022-12-31	752,529
Unpaid minimum required contributions for current year	2022-12-31	0
Unpaid minimum required contributions for all years	2022-12-31	0
2021: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2021 401k membership
Market value of plan assets	2021-12-31	3,444,741
Acturial value of plan assets	2021-12-31	3,444,741
Funding target for retired participants and beneficiaries receiving payment	2021-12-31	0
Number of terminated vested participants	2021-12-31	0
Fundng target for terminated vested participants	2021-12-31	0
Active participant vested funding target	2021-12-31	3,249,916
Number of active participants	2021-12-31	4
Total funding liabilities for active participants	2021-12-31	3,249,916
Total participant count	2021-12-31	4
Total funding target for all participants	2021-12-31	3,249,916
Balance at beginning of prior year after applicable adjustments	2021-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2021-12-31	208,689
Carryover balanced portion elected for use to offset prior years funding requirement	2021-12-31	0
Prefunding balanced used to offset prior years funding requirement	2021-12-31	118,634
Amount remaining of carryover balance	2021-12-31	0
Amount remaining of prefunding balance	2021-12-31	90,055
Present value of excess contributions	2021-12-31	2,990
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2021-12-31	2,990
Reductions in caryover balances due to elections or deemed elections	2021-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2021-12-31	0
Balance of carryovers at beginning of current year	2021-12-31	0
Balance of prefunding at beginning of current year	2021-12-31	100,609
Total employer contributions	2021-12-31	475,000
Total employee contributions	2021-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2021-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2021-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2021-12-31	459,874
Unpaid minimum required contributions for all prior years	2021-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2021-12-31	0
Remaining amount of unpaid minimum required contributions	2021-12-31	0
Minimum required contributions for current year target normal cost	2021-12-31	641,419
Net shortfall amortization installment of oustanding balance	2021-12-31	0
Waiver amortization installment	2021-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2021-12-31	552,193
Prefunding balance elected to use to offset funding requirement	2021-12-31	105,599
Additional cash requirement	2021-12-31	446,594
Contributions allocatedtoward minimum required contributions for current year	2021-12-31	459,874
Unpaid minimum required contributions for current year	2021-12-31	0
Unpaid minimum required contributions for all years	2021-12-31	0
2020: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2020 401k membership
Market value of plan assets	2020-12-31	2,932,717
Acturial value of plan assets	2020-12-31	2,932,717
Funding target for retired participants and beneficiaries receiving payment	2020-12-31	0
Number of terminated vested participants	2020-12-31	0
Fundng target for terminated vested participants	2020-12-31	0
Active participant vested funding target	2020-12-31	2,524,985
Number of active participants	2020-12-31	4
Total funding liabilities for active participants	2020-12-31	2,524,985
Total participant count	2020-12-31	4
Total funding target for all participants	2020-12-31	2,524,985
Balance at beginning of prior year after applicable adjustments	2020-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2020-12-31	228,159
Carryover balanced portion elected for use to offset prior years funding requirement	2020-12-31	0
Prefunding balanced used to offset prior years funding requirement	2020-12-31	45,691
Amount remaining of carryover balance	2020-12-31	0
Amount remaining of prefunding balance	2020-12-31	182,468
Present value of excess contributions	2020-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2020-12-31	0
Reductions in caryover balances due to elections or deemed elections	2020-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2020-12-31	0
Balance of carryovers at beginning of current year	2020-12-31	0
Balance of prefunding at beginning of current year	2020-12-31	208,689
Total employer contributions	2020-12-31	344,568
Total employee contributions	2020-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2020-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2020-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2020-12-31	322,697
Unpaid minimum required contributions for all prior years	2020-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2020-12-31	0
Remaining amount of unpaid minimum required contributions	2020-12-31	0
Minimum required contributions for current year target normal cost	2020-12-31	632,675
Net shortfall amortization installment of oustanding balance	2020-12-31	0
Waiver amortization installment	2020-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2020-12-31	444,546
Prefunding balance elected to use to offset funding requirement	2020-12-31	124,839
Additional cash requirement	2020-12-31	319,707
Contributions allocatedtoward minimum required contributions for current year	2020-12-31	322,697
Unpaid minimum required contributions for current year	2020-12-31	0
Unpaid minimum required contributions for all years	2020-12-31	0
2019: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2019 401k membership
Market value of plan assets	2019-12-31	2,025,048
Acturial value of plan assets	2019-12-31	2,025,048
Funding target for retired participants and beneficiaries receiving payment	2019-12-31	0
Number of terminated vested participants	2019-12-31	0
Fundng target for terminated vested participants	2019-12-31	0
Active participant vested funding target	2019-12-31	1,832,088
Number of active participants	2019-12-31	4
Total funding liabilities for active participants	2019-12-31	1,832,088
Total participant count	2019-12-31	4
Total funding target for all participants	2019-12-31	1,832,088
Prefunding balance at beginning of prior year after applicable adjustments	2019-12-31	247,515
Prefunding balanced used to offset prior years funding requirement	2019-12-31	0
Amount remaining of carryover balance	2019-12-31	0
Amount remaining of prefunding balance	2019-12-31	247,515
Present value of excess contributions	2019-12-31	820
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2019-12-31	820
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2019-12-31	0
Reductions in caryover balances due to elections or deemed elections	2019-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2019-12-31	0
Balance of carryovers at beginning of current year	2019-12-31	0
Balance of prefunding at beginning of current year	2019-12-31	228,159
Total employer contributions	2019-12-31	640,644
Total employee contributions	2019-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2019-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2019-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2019-12-31	599,439
Unpaid minimum required contributions for all prior years	2019-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2019-12-31	0
Remaining amount of unpaid minimum required contributions	2019-12-31	0
Minimum required contributions for current year target normal cost	2019-12-31	639,831
Net shortfall amortization installment of oustanding balance	2019-12-31	46,288
Waiver amortization installment	2019-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2019-12-31	647,351
Prefunding balance elected to use to offset funding requirement	2019-12-31	47,912
Additional cash requirement	2019-12-31	599,439
Contributions allocatedtoward minimum required contributions for current year	2019-12-31	599,439
Unpaid minimum required contributions for current year	2019-12-31	0
Unpaid minimum required contributions for all years	2019-12-31	0
2018: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2018 401k membership
Market value of plan assets	2018-12-31	1,241,897
Acturial value of plan assets	2018-12-31	1,241,897
Funding target for retired participants and beneficiaries receiving payment	2018-12-31	0
Number of terminated vested participants	2018-12-31	0
Fundng target for terminated vested participants	2018-12-31	0
Active participant vested funding target	2018-12-31	1,105,370
Number of active participants	2018-12-31	4
Total funding liabilities for active participants	2018-12-31	1,105,370
Total participant count	2018-12-31	4
Total funding target for all participants	2018-12-31	1,105,370
Balance at beginning of prior year after applicable adjustments	2018-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2018-12-31	42,649
Carryover balanced portion elected for use to offset prior years funding requirement	2018-12-31	0
Prefunding balanced used to offset prior years funding requirement	2018-12-31	0
Amount remaining of carryover balance	2018-12-31	0
Amount remaining of prefunding balance	2018-12-31	42,649
Present value of excess contributions	2018-12-31	200,059
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-12-31	200,059
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2018-12-31	200,059
Reductions in caryover balances due to elections or deemed elections	2018-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2018-12-31	0
Balance of carryovers at beginning of current year	2018-12-31	0
Balance of prefunding at beginning of current year	2018-12-31	247,515
Total employer contributions	2018-12-31	578,083
Total employee contributions	2018-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2018-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-12-31	557,360
Unpaid minimum required contributions for all prior years	2018-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-12-31	0
Remaining amount of unpaid minimum required contributions	2018-12-31	0
Minimum required contributions for current year target normal cost	2018-12-31	556,540
Net shortfall amortization installment of oustanding balance	2018-12-31	0
Waiver amortization installment	2018-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2018-12-31	556,540
Carryover balance elected to use to offset funding requirement	2018-12-31	0
Prefunding balance elected to use to offset funding requirement	2018-12-31	0
Additional cash requirement	2018-12-31	556,540
Contributions allocatedtoward minimum required contributions for current year	2018-12-31	557,360
Unpaid minimum required contributions for current year	2018-12-31	0
Unpaid minimum required contributions for all years	2018-12-31	0
2017: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2017 401k membership
Market value of plan assets	2017-12-31	750,565
Acturial value of plan assets	2017-12-31	750,565
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	0
Number of terminated vested participants	2017-12-31	0
Fundng target for terminated vested participants	2017-12-31	0
Active participant vested funding target	2017-12-31	702,304
Number of active participants	2017-12-31	4
Total funding liabilities for active participants	2017-12-31	702,304
Total participant count	2017-12-31	4
Total funding target for all participants	2017-12-31	702,304
Balance at beginning of prior year after applicable adjustments	2017-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	17,370
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	0
Amount remaining of prefunding balance	2017-12-31	17,370
Present value of excess contributions	2017-12-31	25,368
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	25,368
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	25,368
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	0
Balance of prefunding at beginning of current year	2017-12-31	42,649
Total employer contributions	2017-12-31	563,327
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	528,597
Liquidity shortfalls end of Q1	2017-12-31	0
Liquidity shortfalls end of Q2	2017-12-31	0
Liquidity shortfalls end of Q3	2017-12-31	0
Liquidity shortfalls end of Q4	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	331,710
Net shortfall amortization installment of oustanding balance	2017-12-31	0
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	328,538
Carryover balance elected to use to offset funding requirement	2017-12-31	0
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	328,538
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	528,597
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
2016: MIDWEST ENERGY, INC. CASH BALANCE PENSION PLAN AND TRUST 2016 401k membership
Market value of plan assets	2016-12-31	343,242
Acturial value of plan assets	2016-12-31	343,242
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	0
Number of terminated vested participants	2016-12-31	0
Fundng target for terminated vested participants	2016-12-31	0
Active participant vested funding target	2016-12-31	337,346
Number of active participants	2016-12-31	4
Total funding liabilities for active participants	2016-12-31	337,346
Total participant count	2016-12-31	4
Total funding target for all participants	2016-12-31	337,346
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	17,370
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	17,370
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	17,370
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	17,370
Total employer contributions	2016-12-31	357,164
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	343,012
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	317,644
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Waived amount of outstanding balance	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	317,644
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	317,644
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	343,012
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0

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Company Name:	MIDWEST ENERGY, INC.
Employer identification number (EIN):	364472046
NAIC Classification:	424990
NAIC Description:	Other Miscellaneous Nondurable Goods Merchant Wholesalers

Jurisdiction of Incorporation:	Florida Department of State Division of Corporations
Incorporation Date:	2001-12-04
Company Identification Number:	P01000115151
Legal Registered Office Address:	13700 Perdido Key Drive Perdido Key 32507