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Department of Labor filing

MIDWEST HOLDING GROUP, INC.

MILLIS TRANSFER 401(K) SAVINGS PLAN · For the plan year ended Dec 31, 2024

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Public filing 2024 · received Sep 23, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

39filing comparison
out of 100

The filing trails many comparable plans on reported employer support and/or plan-paid administrative costs. This is a filing comparison, not a complete benefits score.

$Employer support
$809

Reported employer contributions per active participant.

Higher than about 45% of comparable plans
#People in the filing
638

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.
¢Visible plan-paid fees
$136 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 24% of comparable plans
↗Investment performance
Not available

Plan assets changed -9.8%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.
What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓
Filing comparison · 202439out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions45th percentileTypical peer $880 · based on 142 comparable plans
Lower reported administrative expense24th percentileTypical peer $92 · based on 141 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, MIDWEST HOLDING GROUP, INC. reported $516,059 in employer contributions across the plan and 638 active participants. That works out to $809 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy71%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendDown 10.6%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 14.8%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context39/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions
$516,059
Participant contributions
$2,526,136
Other contributions
Not reported
Employer share of reported contributions
17.0%
Beginning assets
$27,677,828
Ending assets
$24,952,878
Ending net assets
$24,931,720
Ending liabilities
$21,158
Total income
$5,963,564
Total expenses
$8,696,785
Administrative expenses
$118,849
Participant loans
$833,115

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant
2022
$905
2023
$877
2024
$809
Plan-paid administrative expenses per participant
2022
$119
2023
$144
2024
$136
Active participants
2022
719
2023
646
2024
638
Detailed filing history
Plan yearPer active participantActive participantsPlan assetsFiling ID
2024$80963825M20250923144204NAL0015083650001
2023$87764627.7M20240731083720NAL0021226257001
2022$90571925.2M20230724081353NAL0004994467001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets
3.3%
Independent accountant’s opinion
Unqualified opinion Code 1
Late participant contributions reported
Not stated in the filing
Public plan identifier
270959179-001

Reported plan details

Identity and filing status

Plan type
Retirement plan
Employer arrangement
Single-employer plan
Plan effective date
Aug 21, 2019
Industry
Transportation and warehousing
Amended filing
No
Final filing for this plan
No
Short plan year
No
401(k) feature reported
Yes
Show DOL characteristic codes2E2F2G2J2K2S2T3D

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

ProviderPlan yearDirect compensationIndirect compensation
BLACKROCK2024Not reportedunknown
CHARLES SCHWAB TRUST COMPANY2024Not reportedunknown
DIMENSIONAL FUND ADVISORS2024Not reportedunknown
DODGE & COX2024Not reportedunknown
FIDELITY2024Not reportedunknown
GALLIARD CAPITAL MANAGEMENT2024Not reportedunknown
JPMORGAN CHASE & CO.2024Not reportedunknown
MFS FUNDS2024Not reportedunknown
PIMCO2024Not reportedunknown
T. ROWE PRICE2024Not reportedunknown
VANGUARD2024Not reportedunknown

Current plan terms

Help fill the gap the filing leaves.

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Filing ACK_ID20250923144204NAL0015083650001
Data sourceDOL Form 5500 bulk data ↗
Filing searchEFAST2 ↗