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MID AMERICA SALES GROUP, INC. 401(K) PLAN 401k Plan overview

Plan NameMID AMERICA SALES GROUP, INC. 401(K) PLAN
Plan identification number 001

MID AMERICA SALES GROUP, INC. 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Age/Service Weighted or new comparability or similar plan - Age/Service Weighted Plan: Allocations are based on age, service, or age and service. New comparability or similar plan: Allocations are based on participant classifications and a classification(s) consists entirely or predominantly of highly compensated employees; or the plan provides an additional allocation rate on compensation above a specified threshold, and the theshold or additional rate exceeds the maximum threshold or rate allowed under the permitted disparity rules of section 401(l).
  • Profit-sharing
  • ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
  • Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
  • Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
  • Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
  • Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
  • 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

MID AMERICA SALES GROUP, INC. has sponsored the creation of one or more 401k plans.

Company Name:MID AMERICA SALES GROUP, INC.
Employer identification number (EIN):421110305
NAIC Classification:423700

Form 5500 Filing Information

Submission information for form 5500 for 401k plan MID AMERICA SALES GROUP, INC. 401(K) PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0012022-10-01
0012021-10-01MICHAEL MENGWASSER2022-11-30 MICHAEL MENGWASSER2022-11-30
0012020-10-01MICHAEL MENGWASSER2022-01-03 MICHAEL MENGWASSER2022-01-03
0012019-10-01MICHAEL MENGWASSER2020-12-17 MICHAEL MENGWASSER2020-12-17
0012018-10-01MICHAEL MENGWASSER2020-01-10 MICHAEL MENGWASSER2020-01-10
0012017-10-01
0012016-10-01
0012015-10-01
0012014-10-01
0012013-10-01
0012012-10-01MIKE MENGWASSER
0012011-10-01MIKE MENGWASSER
0012010-10-01MIKE MENGWASSER
0012009-10-01TIM SCHULTZ

Financial Data on MID AMERICA SALES GROUP, INC. 401(K) PLAN

Measure Date Value
2025 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-03-24540923
Net assets as of the end of the plan year2025-03-241063197
Total assets as of the beginning of the plan year2025-03-241254550
Value of plan covered by a fidelity bond2025-03-24125455
Participant contributions to plan in this plan year2025-03-2444702
Other income to plan in this plan year2025-03-24241541
Plan net income in this plan year2025-03-24-191353
Net assets as of the end of the plan year2025-03-241063197
Net assets as of the beginning of the plan year2025-03-241254550
Employer contributions to plan in this plan year2025-03-2463327
Fees paid to broker by Benefit Provider2025-03-2481
Expensese paid to adminstrative service provicers from plan in this plan year2025-03-24150
2022 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2022 401k financial data
Total income from all sources2022-09-30$-87,798
Expenses. Total of all expenses incurred2022-09-30$6,059
Benefits paid (including direct rollovers)2022-09-30$5,950
Total plan assets at end of year2022-09-30$1,788,666
Total plan assets at beginning of year2022-09-30$1,882,523
Value of fidelity bond covering the plan2022-09-30$188,253
Total contributions received or receivable from participants2022-09-30$51,821
Contributions received from other sources (not participants or employers)2022-09-30$0
Other income received2022-09-30$-191,500
Net income (gross income less expenses)2022-09-30$-93,857
Net plan assets at end of year (total assets less liabilities)2022-09-30$1,788,666
Net plan assets at beginning of year (total assets less liabilities)2022-09-30$1,882,523
Total contributions received or receivable from employer(s)2022-09-30$51,881
Expenses. Administrative service providers (salaries,fees and commissions)2022-09-30$109
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2022-09-30$0
2021 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2021 401k financial data
Total income from all sources2021-09-30$328,967
Expenses. Total of all expenses incurred2021-09-30$4,318
Benefits paid (including direct rollovers)2021-09-30$4,218
Total plan assets at end of year2021-09-30$1,882,523
Total plan assets at beginning of year2021-09-30$1,557,874
Value of fidelity bond covering the plan2021-09-30$188,253
Total contributions received or receivable from participants2021-09-30$57,812
Contributions received from other sources (not participants or employers)2021-09-30$0
Other income received2021-09-30$241,124
Net income (gross income less expenses)2021-09-30$324,649
Net plan assets at end of year (total assets less liabilities)2021-09-30$1,882,523
Net plan assets at beginning of year (total assets less liabilities)2021-09-30$1,557,874
Total contributions received or receivable from employer(s)2021-09-30$30,031
Expenses. Administrative service providers (salaries,fees and commissions)2021-09-30$100
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-09-30$0
2020 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2020 401k financial data
Total income from all sources2020-09-30$77,950
Expenses. Total of all expenses incurred2020-09-30$9,036
Benefits paid (including direct rollovers)2020-09-30$8,836
Total plan assets at end of year2020-09-30$1,557,874
Total plan assets at beginning of year2020-09-30$1,488,960
Value of fidelity bond covering the plan2020-09-30$300,000
Total contributions received or receivable from participants2020-09-30$57,700
Other income received2020-09-30$-27,310
Net income (gross income less expenses)2020-09-30$68,914
Net plan assets at end of year (total assets less liabilities)2020-09-30$1,557,874
Net plan assets at beginning of year (total assets less liabilities)2020-09-30$1,488,960
Total contributions received or receivable from employer(s)2020-09-30$47,560
Expenses. Administrative service providers (salaries,fees and commissions)2020-09-30$200
2019 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2019 401k financial data
Total income from all sources2019-09-30$127,052
Expenses. Total of all expenses incurred2019-09-30$122,265
Benefits paid (including direct rollovers)2019-09-30$122,075
Total plan assets at end of year2019-09-30$1,488,960
Total plan assets at beginning of year2019-09-30$1,484,173
Value of fidelity bond covering the plan2019-09-30$300,000
Total contributions received or receivable from participants2019-09-30$57,477
Other income received2019-09-30$43,915
Net income (gross income less expenses)2019-09-30$4,787
Net plan assets at end of year (total assets less liabilities)2019-09-30$1,488,960
Net plan assets at beginning of year (total assets less liabilities)2019-09-30$1,484,173
Total contributions received or receivable from employer(s)2019-09-30$25,660
Expenses. Administrative service providers (salaries,fees and commissions)2019-09-30$190
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2019-09-30$0
2018 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2018 401k financial data
Total income from all sources2018-09-30$224,855
Expenses. Total of all expenses incurred2018-09-30$27,106
Benefits paid (including direct rollovers)2018-09-30$25,910
Total plan assets at end of year2018-09-30$1,484,173
Total plan assets at beginning of year2018-09-30$1,286,424
Value of fidelity bond covering the plan2018-09-30$300,000
Total contributions received or receivable from participants2018-09-30$57,568
Expenses. Other expenses not covered elsewhere2018-09-30$0
Contributions received from other sources (not participants or employers)2018-09-30$0
Other income received2018-09-30$117,287
Net income (gross income less expenses)2018-09-30$197,749
Net plan assets at end of year (total assets less liabilities)2018-09-30$1,484,173
Net plan assets at beginning of year (total assets less liabilities)2018-09-30$1,286,424
Total contributions received or receivable from employer(s)2018-09-30$50,000
Expenses. Administrative service providers (salaries,fees and commissions)2018-09-30$1,196
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2018-09-30$0
2017 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2017 401k financial data
Total income from all sources2017-09-30$195,206
Expenses. Total of all expenses incurred2017-09-30$6,456
Benefits paid (including direct rollovers)2017-09-30$6,416
Total plan assets at end of year2017-09-30$1,286,424
Total plan assets at beginning of year2017-09-30$1,097,674
Value of fidelity bond covering the plan2017-09-30$300,000
Total contributions received or receivable from participants2017-09-30$51,956
Contributions received from other sources (not participants or employers)2017-09-30$8,745
Other income received2017-09-30$94,505
Net income (gross income less expenses)2017-09-30$188,750
Net plan assets at end of year (total assets less liabilities)2017-09-30$1,286,424
Net plan assets at beginning of year (total assets less liabilities)2017-09-30$1,097,674
Total contributions received or receivable from employer(s)2017-09-30$40,000
Expenses. Administrative service providers (salaries,fees and commissions)2017-09-30$40
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2017-09-30$0
2016 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2016 401k financial data
Total income from all sources2016-09-30$224,790
Expenses. Total of all expenses incurred2016-09-30$57,727
Benefits paid (including direct rollovers)2016-09-30$57,647
Total plan assets at end of year2016-09-30$1,097,674
Total plan assets at beginning of year2016-09-30$930,611
Value of fidelity bond covering the plan2016-09-30$300,000
Total contributions received or receivable from participants2016-09-30$56,671
Other income received2016-09-30$96,682
Net income (gross income less expenses)2016-09-30$167,063
Net plan assets at end of year (total assets less liabilities)2016-09-30$1,097,674
Net plan assets at beginning of year (total assets less liabilities)2016-09-30$930,611
Total contributions received or receivable from employer(s)2016-09-30$71,437
Expenses. Administrative service providers (salaries,fees and commissions)2016-09-30$80
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2016-09-30$0
2015 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2015 401k financial data
Total income from all sources2015-09-30$100,952
Expenses. Total of all expenses incurred2015-09-30$12,315
Benefits paid (including direct rollovers)2015-09-30$11,845
Total plan assets at end of year2015-09-30$930,611
Total plan assets at beginning of year2015-09-30$841,974
Value of fidelity bond covering the plan2015-09-30$300,000
Total contributions received or receivable from participants2015-09-30$53,523
Other income received2015-09-30$-24,134
Net income (gross income less expenses)2015-09-30$88,637
Net plan assets at end of year (total assets less liabilities)2015-09-30$930,611
Net plan assets at beginning of year (total assets less liabilities)2015-09-30$841,974
Total contributions received or receivable from employer(s)2015-09-30$71,563
Expenses. Administrative service providers (salaries,fees and commissions)2015-09-30$470
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2015-09-30$0
2014 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2014 401k financial data
Total income from all sources2014-09-30$92,158
Expenses. Total of all expenses incurred2014-09-30$106,907
Benefits paid (including direct rollovers)2014-09-30$106,907
Total plan assets at end of year2014-09-30$841,974
Total plan assets at beginning of year2014-09-30$856,723
Value of fidelity bond covering the plan2014-09-30$300,000
Total contributions received or receivable from participants2014-09-30$51,007
Other income received2014-09-30$12,612
Net income (gross income less expenses)2014-09-30$-14,749
Net plan assets at end of year (total assets less liabilities)2014-09-30$841,974
Net plan assets at beginning of year (total assets less liabilities)2014-09-30$856,723
Total contributions received or receivable from employer(s)2014-09-30$28,539
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2014-09-30$0
2013 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2013 401k financial data
Total income from all sources2013-09-30$-290,564
Expenses. Total of all expenses incurred2013-09-30$2,420
Benefits paid (including direct rollovers)2013-09-30$2,420
Total plan assets at end of year2013-09-30$856,723
Total plan assets at beginning of year2013-09-30$1,149,707
Value of fidelity bond covering the plan2013-09-30$50,000
Total contributions received or receivable from participants2013-09-30$42,120
Other income received2013-09-30$-370,653
Net income (gross income less expenses)2013-09-30$-292,984
Net plan assets at end of year (total assets less liabilities)2013-09-30$856,723
Net plan assets at beginning of year (total assets less liabilities)2013-09-30$1,149,707
Assets. Value of assets in partnership/joint-venture interests2013-09-30$65,584
Total contributions received or receivable from employer(s)2013-09-30$37,969
2012 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2012 401k financial data
Total income from all sources2012-09-30$-1,082,330
Expenses. Total of all expenses incurred2012-09-30$213,624
Benefits paid (including direct rollovers)2012-09-30$213,624
Total plan assets at end of year2012-09-30$1,149,707
Total plan assets at beginning of year2012-09-30$2,445,661
Value of fidelity bond covering the plan2012-09-30$50,000
Total contributions received or receivable from participants2012-09-30$43,147
Other income received2012-09-30$-1,163,121
Net income (gross income less expenses)2012-09-30$-1,295,954
Net plan assets at end of year (total assets less liabilities)2012-09-30$1,149,707
Net plan assets at beginning of year (total assets less liabilities)2012-09-30$2,445,661
Total contributions received or receivable from employer(s)2012-09-30$37,644
2011 : MID AMERICA SALES GROUP, INC. 401(K) PLAN 2011 401k financial data
Total income from all sources2011-09-30$-567,991
Expenses. Total of all expenses incurred2011-09-30$2,002
Benefits paid (including direct rollovers)2011-09-30$2,002
Total plan assets at end of year2011-09-30$2,445,661
Total plan assets at beginning of year2011-09-30$3,015,654
Value of fidelity bond covering the plan2011-09-30$50,000
Total contributions received or receivable from participants2011-09-30$57,280
Other income received2011-09-30$-647,185
Net income (gross income less expenses)2011-09-30$-569,993
Net plan assets at end of year (total assets less liabilities)2011-09-30$2,445,661
Net plan assets at beginning of year (total assets less liabilities)2011-09-30$3,015,654
Total contributions received or receivable from employer(s)2011-09-30$21,914

Form 5500 Responses for MID AMERICA SALES GROUP, INC. 401(K) PLAN

2021: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2021 form 5500 responses
2021-10-01Type of plan entitySingle employer plan
2021-10-01Submission has been amendedNo
2021-10-01This submission is the final filingNo
2021-10-01This return/report is a short plan year return/report (less than 12 months)No
2021-10-01Plan is a collectively bargained planNo
2021-10-01Plan funding arrangement – InsuranceYes
2021-10-01Plan funding arrangement – TrustYes
2021-10-01Plan benefit arrangement – InsuranceYes
2021-10-01Plan benefit arrangement - TrustYes
2020: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2020 form 5500 responses
2020-10-01Type of plan entitySingle employer plan
2020-10-01Submission has been amendedNo
2020-10-01This submission is the final filingNo
2020-10-01This return/report is a short plan year return/report (less than 12 months)No
2020-10-01Plan is a collectively bargained planNo
2020-10-01Plan funding arrangement – InsuranceYes
2020-10-01Plan funding arrangement – TrustYes
2020-10-01Plan benefit arrangement – InsuranceYes
2020-10-01Plan benefit arrangement - TrustYes
2019: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2019 form 5500 responses
2019-10-01Type of plan entitySingle employer plan
2019-10-01Submission has been amendedNo
2019-10-01This submission is the final filingNo
2019-10-01This return/report is a short plan year return/report (less than 12 months)No
2019-10-01Plan is a collectively bargained planNo
2019-10-01Plan funding arrangement – InsuranceYes
2019-10-01Plan funding arrangement – TrustYes
2019-10-01Plan benefit arrangement – InsuranceYes
2019-10-01Plan benefit arrangement - TrustYes
2018: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2018 form 5500 responses
2018-10-01Type of plan entitySingle employer plan
2018-10-01Submission has been amendedNo
2018-10-01This submission is the final filingNo
2018-10-01This return/report is a short plan year return/report (less than 12 months)No
2018-10-01Plan is a collectively bargained planNo
2018-10-01Plan funding arrangement – InsuranceYes
2018-10-01Plan funding arrangement – TrustYes
2018-10-01Plan benefit arrangement – InsuranceYes
2018-10-01Plan benefit arrangement - TrustYes
2017: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2017 form 5500 responses
2017-10-01Type of plan entitySingle employer plan
2017-10-01Submission has been amendedNo
2017-10-01This submission is the final filingNo
2017-10-01This return/report is a short plan year return/report (less than 12 months)No
2017-10-01Plan is a collectively bargained planNo
2017-10-01Plan funding arrangement – InsuranceYes
2017-10-01Plan funding arrangement – TrustYes
2017-10-01Plan benefit arrangement – InsuranceYes
2017-10-01Plan benefit arrangement - TrustYes
2016: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2016 form 5500 responses
2016-10-01Type of plan entitySingle employer plan
2016-10-01Submission has been amendedNo
2016-10-01This submission is the final filingNo
2016-10-01This return/report is a short plan year return/report (less than 12 months)No
2016-10-01Plan is a collectively bargained planNo
2016-10-01Plan funding arrangement – InsuranceYes
2016-10-01Plan funding arrangement – TrustYes
2016-10-01Plan benefit arrangement – InsuranceYes
2016-10-01Plan benefit arrangement - TrustYes
2015: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2015 form 5500 responses
2015-10-01Type of plan entitySingle employer plan
2015-10-01Submission has been amendedNo
2015-10-01This submission is the final filingNo
2015-10-01This return/report is a short plan year return/report (less than 12 months)No
2015-10-01Plan is a collectively bargained planNo
2015-10-01Plan funding arrangement – InsuranceYes
2015-10-01Plan benefit arrangement – InsuranceYes
2014: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2014 form 5500 responses
2014-10-01Type of plan entitySingle employer plan
2014-10-01Submission has been amendedNo
2014-10-01This submission is the final filingNo
2014-10-01This return/report is a short plan year return/report (less than 12 months)No
2014-10-01Plan is a collectively bargained planNo
2014-10-01Plan funding arrangement – InsuranceYes
2014-10-01Plan benefit arrangement – InsuranceYes
2013: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2013 form 5500 responses
2013-10-01Type of plan entitySingle employer plan
2013-10-01Submission has been amendedNo
2013-10-01This submission is the final filingNo
2013-10-01This return/report is a short plan year return/report (less than 12 months)No
2013-10-01Plan is a collectively bargained planNo
2013-10-01Plan funding arrangement – InsuranceYes
2013-10-01Plan benefit arrangement – InsuranceYes
2012: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2012 form 5500 responses
2012-10-01Type of plan entitySingle employer plan
2012-10-01Plan funding arrangement – TrustYes
2012-10-01Plan benefit arrangement - TrustYes
2011: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2011 form 5500 responses
2011-10-01Type of plan entitySingle employer plan
2011-10-01Plan funding arrangement – TrustYes
2011-10-01Plan benefit arrangement - TrustYes
2010: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2010 form 5500 responses
2010-10-01Type of plan entitySingle employer plan
2010-10-01Plan funding arrangement – TrustYes
2010-10-01Plan benefit arrangement - TrustYes
2009: MID AMERICA SALES GROUP, INC. 401(K) PLAN 2009 form 5500 responses
2009-10-01Type of plan entitySingle employer plan
2009-10-01This submission is the final filingNo
2009-10-01Plan funding arrangement – TrustYes
2009-10-01Plan benefit arrangement - TrustYes

Insurance Providers Used on plan

PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1
PRINCIPAL LIFE INSURANCE COMPANY (National Association of Insurance Commissioners NAIC id number: 61271 )
Policy contract number460110
Policy instance 1

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