Logo

MID AMERICA STEEL, INC. SHOP 401(K) PLAN 401k Plan overview

Plan NameMID AMERICA STEEL, INC. SHOP 401(K) PLAN
Plan identification number 003

MID AMERICA STEEL, INC. SHOP 401(K) PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • 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.
  • Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.

401k Sponsoring company profile

MID AMERICA STEEL INC has sponsored the creation of one or more 401k plans.

Company Name:MID AMERICA STEEL INC
Employer identification number (EIN):450129570
NAIC Classification:332300

Form 5500 Filing Information

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

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032023-01-01JOHN SIMONSON2024-06-24
0032022-01-01JOHN SIMONSON2023-07-25
0032021-01-01
0032020-01-01
0032018-01-01JOHN C SIMONSON2019-10-14 JOHN C SIMONSON2019-10-14
0032017-05-01JOHN C SIMONSON2018-10-02 JOHN C SIMONSON2018-10-02

Plan Statistics for MID AMERICA STEEL, INC. SHOP 401(K) PLAN

401k plan membership statisitcs for MID AMERICA STEEL, INC. SHOP 401(K) PLAN

Measure Date Value
2025: MID AMERICA STEEL, INC. SHOP 401(K) PLAN 2025 401k membership
Total number of particpants at beginning of year2025-07-1799
Total number of particpants at end of year2025-07-17100
Number of Participants With Account Balances2025-07-17100
2024: MID AMERICA STEEL, INC. SHOP 401(K) PLAN 2024 401k membership
Total number of particpants at beginning of year2024-06-24112
Total number of particpants at end of year2024-06-2499
Number of Participants With Account Balances2024-06-2498

Financial Data on MID AMERICA STEEL, INC. SHOP 401(K) PLAN

Measure Date Value
2025 : MID AMERICA STEEL, INC. SHOP 401(K) PLAN 2025 401k financial data
Total expenses incurred by plan in this plan year2025-07-17259388
Net assets as of the end of the plan year2025-07-172328891
Total assets as of the beginning of the plan year2025-07-171913530
Value of plan covered by a fidelity bond2025-07-17500000
Participant contributions to plan in this plan year2025-07-1754328
Other contributions to plan in this plan year2025-07-17124212
Other income to plan in this plan year2025-07-17258701
Plan net income in this plan year2025-07-17415361
Net assets as of the end of the plan year2025-07-172328891
Net assets as of the beginning of the plan year2025-07-171913530
Employer contributions to plan in this plan year2025-07-17237508
Expensese paid to adminstrative service provicers from plan in this plan year2025-07-179997
2024 : MID AMERICA STEEL, INC. SHOP 401(K) PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-06-24269620
Net assets as of the end of the plan year2024-06-241913530
Total assets as of the beginning of the plan year2024-06-241594906
Value of plan covered by a fidelity bond2024-06-24500000
Participant contributions to plan in this plan year2024-06-2474109
Other income to plan in this plan year2024-06-24293468
Plan net income in this plan year2024-06-24318624
Net assets as of the end of the plan year2024-06-241913530
Net assets as of the beginning of the plan year2024-06-241594906
Employer contributions to plan in this plan year2024-06-24220667
Expensese paid to adminstrative service provicers from plan in this plan year2024-06-249289

Potentially related plans

Was this data useful?
If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us.

Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer
The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Copyright © Market Footprint Ltd
Contact us   Datalog Company Directory
US 401k Lookup     VAT Lookup