Civic Intelligence

Midwest Bank of Freeport

Plan context: Midwest Bank of Freeport Employees Profit Sharing Plan

EIN 36-2559411 • Freeport, IL • 26 filings • 7 plans

510 Park Crest DriveP.O. Box 689Freeport, IL 61032
Current Snapshot

Latest Year

2022

2022 Participants

264

2022 Assets

$22,094,626

2022 Contributions

$1,570,674

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$22,094,626$11,047,313$0199920112021YearValue
$22,094,626Latest year 2021

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

2641320199920102021YearValue
264Latest year 2021

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202210$0$1,570,674-
Midwest Bank of Freeport Employees Profit Sharing Plan-0-$1,570,674-
20212264$22,094,626$2,972,683$11,260iApproximate average salary by contribution assumption: employee only about $281,504 at 4% or $187,669 at 6%; with 50% employer match about $187,669 at 4% or $125,113 at 6%; with 100% employer match about $140,752 at 4% or $93,835 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-264$22,094,626$2,972,683$11,260iApproximate average salary by contribution assumption: employee only about $281,504 at 4% or $187,669 at 6%; with 50% employer match about $187,669 at 4% or $125,113 at 6%; with 100% employer match about $140,752 at 4% or $93,835 at 6%.
MIDWEST COMMUNITY BANK WELFARE BENEFIT PLAN-0---
20202248$17,651,316$2,308,095$9,307iApproximate average salary by contribution assumption: employee only about $232,671 at 4% or $155,114 at 6%; with 50% employer match about $155,114 at 4% or $103,409 at 6%; with 100% employer match about $116,335 at 4% or $77,557 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-245$17,651,316$2,308,095$9,421iApproximate average salary by contribution assumption: employee only about $235,520 at 4% or $157,013 at 6%; with 50% employer match about $157,013 at 4% or $104,676 at 6%; with 100% employer match about $117,760 at 4% or $78,507 at 6%.
MIDWEST COMMUNITY BANK WELFARE BENEFIT PLAN-248---
20191188$13,876,525$1,901,320$10,113iApproximate average salary by contribution assumption: employee only about $252,835 at 4% or $168,557 at 6%; with 50% employer match about $168,557 at 4% or $112,371 at 6%; with 100% employer match about $126,418 at 4% or $84,278 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-188$13,876,525$1,901,320$10,113iApproximate average salary by contribution assumption: employee only about $252,835 at 4% or $168,557 at 6%; with 50% employer match about $168,557 at 4% or $112,371 at 6%; with 100% employer match about $126,418 at 4% or $84,278 at 6%.
20181174$10,287,499$1,181,972$6,793iApproximate average salary by contribution assumption: employee only about $169,824 at 4% or $113,216 at 6%; with 50% employer match about $113,216 at 4% or $75,477 at 6%; with 100% employer match about $84,912 at 4% or $56,608 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-174$10,287,499$1,181,972$6,793iApproximate average salary by contribution assumption: employee only about $169,824 at 4% or $113,216 at 6%; with 50% employer match about $113,216 at 4% or $75,477 at 6%; with 100% employer match about $84,912 at 4% or $56,608 at 6%.
20171153$10,039,187$1,159,755$7,580iApproximate average salary by contribution assumption: employee only about $189,502 at 4% or $126,335 at 6%; with 50% employer match about $126,335 at 4% or $84,223 at 6%; with 100% employer match about $94,751 at 4% or $63,167 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-153$10,039,187$1,159,755$7,580iApproximate average salary by contribution assumption: employee only about $189,502 at 4% or $126,335 at 6%; with 50% employer match about $126,335 at 4% or $84,223 at 6%; with 100% employer match about $94,751 at 4% or $63,167 at 6%.
20161143$7,734,408$986,354$6,898iApproximate average salary by contribution assumption: employee only about $172,440 at 4% or $114,960 at 6%; with 50% employer match about $114,960 at 4% or $76,640 at 6%; with 100% employer match about $86,220 at 4% or $57,480 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-143$7,734,408$986,354$6,898iApproximate average salary by contribution assumption: employee only about $172,440 at 4% or $114,960 at 6%; with 50% employer match about $114,960 at 4% or $76,640 at 6%; with 100% employer match about $86,220 at 4% or $57,480 at 6%.
20151125$6,876,707$958,354$7,667iApproximate average salary by contribution assumption: employee only about $191,671 at 4% or $127,781 at 6%; with 50% employer match about $127,781 at 4% or $85,187 at 6%; with 100% employer match about $95,835 at 4% or $63,890 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-125$6,876,707$958,354$7,667iApproximate average salary by contribution assumption: employee only about $191,671 at 4% or $127,781 at 6%; with 50% employer match about $127,781 at 4% or $85,187 at 6%; with 100% employer match about $95,835 at 4% or $63,890 at 6%.
20141111$6,699,206$876,489$7,896iApproximate average salary by contribution assumption: employee only about $197,407 at 4% or $131,605 at 6%; with 50% employer match about $131,605 at 4% or $87,737 at 6%; with 100% employer match about $98,704 at 4% or $65,802 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-111$6,699,206$876,489$7,896iApproximate average salary by contribution assumption: employee only about $197,407 at 4% or $131,605 at 6%; with 50% employer match about $131,605 at 4% or $87,737 at 6%; with 100% employer match about $98,704 at 4% or $65,802 at 6%.
20131110$6,345,907$706,060$6,419iApproximate average salary by contribution assumption: employee only about $160,468 at 4% or $106,979 at 6%; with 50% employer match about $106,979 at 4% or $71,319 at 6%; with 100% employer match about $80,234 at 4% or $53,489 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-110$6,345,907$706,060$6,419iApproximate average salary by contribution assumption: employee only about $160,468 at 4% or $106,979 at 6%; with 50% employer match about $106,979 at 4% or $71,319 at 6%; with 100% employer match about $80,234 at 4% or $53,489 at 6%.
20121115$4,688,490$867,947$7,547iApproximate average salary by contribution assumption: employee only about $188,684 at 4% or $125,789 at 6%; with 50% employer match about $125,789 at 4% or $83,860 at 6%; with 100% employer match about $94,342 at 4% or $62,895 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-115$4,688,490$867,947$7,547iApproximate average salary by contribution assumption: employee only about $188,684 at 4% or $125,789 at 6%; with 50% employer match about $125,789 at 4% or $83,860 at 6%; with 100% employer match about $94,342 at 4% or $62,895 at 6%.
2011117$3,584,243$575,622$33,860iApproximate average salary by contribution assumption: employee only about $846,503 at 4% or $564,335 at 6%; with 50% employer match about $564,335 at 4% or $376,224 at 6%; with 100% employer match about $423,251 at 4% or $282,168 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-17$3,584,243$575,622$33,860iApproximate average salary by contribution assumption: employee only about $846,503 at 4% or $564,335 at 6%; with 50% employer match about $564,335 at 4% or $376,224 at 6%; with 100% employer match about $423,251 at 4% or $282,168 at 6%.
20101105$3,256,092$622,262$5,926iApproximate average salary by contribution assumption: employee only about $148,158 at 4% or $98,772 at 6%; with 50% employer match about $98,772 at 4% or $65,848 at 6%; with 100% employer match about $74,079 at 4% or $49,386 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-105$3,256,092$622,262$5,926iApproximate average salary by contribution assumption: employee only about $148,158 at 4% or $98,772 at 6%; with 50% employer match about $98,772 at 4% or $65,848 at 6%; with 100% employer match about $74,079 at 4% or $49,386 at 6%.
2009178$2,440,122$430,739$5,522iApproximate average salary by contribution assumption: employee only about $138,057 at 4% or $92,038 at 6%; with 50% employer match about $92,038 at 4% or $61,359 at 6%; with 100% employer match about $69,029 at 4% or $46,019 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-78$2,440,122$430,739$5,522iApproximate average salary by contribution assumption: employee only about $138,057 at 4% or $92,038 at 6%; with 50% employer match about $92,038 at 4% or $61,359 at 6%; with 100% employer match about $69,029 at 4% or $46,019 at 6%.
2008178$1,583,070$422,885$5,422iApproximate average salary by contribution assumption: employee only about $135,540 at 4% or $90,360 at 6%; with 50% employer match about $90,360 at 4% or $60,240 at 6%; with 100% employer match about $67,770 at 4% or $45,180 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-78$1,583,070$422,885$5,422iApproximate average salary by contribution assumption: employee only about $135,540 at 4% or $90,360 at 6%; with 50% employer match about $90,360 at 4% or $60,240 at 6%; with 100% employer match about $67,770 at 4% or $45,180 at 6%.
2007188$0$0-
Midwest Bank of Freeport Employees Profit Sharing Plan-88---
2006198$1,599,042$542,197$5,533iApproximate average salary by contribution assumption: employee only about $138,316 at 4% or $92,210 at 6%; with 50% employer match about $92,210 at 4% or $61,474 at 6%; with 100% employer match about $69,158 at 4% or $46,105 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-98$1,599,042$542,197$5,533iApproximate average salary by contribution assumption: employee only about $138,316 at 4% or $92,210 at 6%; with 50% employer match about $92,210 at 4% or $61,474 at 6%; with 100% employer match about $69,158 at 4% or $46,105 at 6%.
2005152$984,482$321,572$6,184iApproximate average salary by contribution assumption: employee only about $154,602 at 4% or $103,068 at 6%; with 50% employer match about $103,068 at 4% or $68,712 at 6%; with 100% employer match about $77,301 at 4% or $51,534 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-52$984,482$321,572$6,184iApproximate average salary by contribution assumption: employee only about $154,602 at 4% or $103,068 at 6%; with 50% employer match about $103,068 at 4% or $68,712 at 6%; with 100% employer match about $77,301 at 4% or $51,534 at 6%.
2004147$645,694$187,631$3,992iApproximate average salary by contribution assumption: employee only about $99,804 at 4% or $66,536 at 6%; with 50% employer match about $66,536 at 4% or $44,357 at 6%; with 100% employer match about $49,902 at 4% or $33,268 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-47$645,694$187,631$3,992iApproximate average salary by contribution assumption: employee only about $99,804 at 4% or $66,536 at 6%; with 50% employer match about $66,536 at 4% or $44,357 at 6%; with 100% employer match about $49,902 at 4% or $33,268 at 6%.
2003144$407,185$93,906$2,134iApproximate average salary by contribution assumption: employee only about $53,356 at 4% or $35,570 at 6%; with 50% employer match about $35,570 at 4% or $23,714 at 6%; with 100% employer match about $26,678 at 4% or $17,785 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-44$407,185$93,906$2,134iApproximate average salary by contribution assumption: employee only about $53,356 at 4% or $35,570 at 6%; with 50% employer match about $35,570 at 4% or $23,714 at 6%; with 100% employer match about $26,678 at 4% or $17,785 at 6%.
2002118$250,359$76,229$4,235iApproximate average salary by contribution assumption: employee only about $105,874 at 4% or $70,582 at 6%; with 50% employer match about $70,582 at 4% or $47,055 at 6%; with 100% employer match about $52,937 at 4% or $35,291 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-18$250,359$76,229$4,235iApproximate average salary by contribution assumption: employee only about $105,874 at 4% or $70,582 at 6%; with 50% employer match about $70,582 at 4% or $47,055 at 6%; with 100% employer match about $52,937 at 4% or $35,291 at 6%.
2001117$241,196$84,944$4,997iApproximate average salary by contribution assumption: employee only about $124,918 at 4% or $83,278 at 6%; with 50% employer match about $83,278 at 4% or $55,519 at 6%; with 100% employer match about $62,459 at 4% or $41,639 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-17$241,196$84,944$4,997iApproximate average salary by contribution assumption: employee only about $124,918 at 4% or $83,278 at 6%; with 50% employer match about $83,278 at 4% or $55,519 at 6%; with 100% employer match about $62,459 at 4% or $41,639 at 6%.
2000118$189,410$53,211$2,956iApproximate average salary by contribution assumption: employee only about $73,904 at 4% or $49,269 at 6%; with 50% employer match about $49,269 at 4% or $32,846 at 6%; with 100% employer match about $36,952 at 4% or $24,635 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-18$189,410$53,211$2,956iApproximate average salary by contribution assumption: employee only about $73,904 at 4% or $49,269 at 6%; with 50% employer match about $49,269 at 4% or $32,846 at 6%; with 100% employer match about $36,952 at 4% or $24,635 at 6%.
1999115$205,295$17,550$1,170iApproximate average salary by contribution assumption: employee only about $29,250 at 4% or $19,500 at 6%; with 50% employer match about $19,500 at 4% or $13,000 at 6%; with 100% employer match about $14,625 at 4% or $9,750 at 6%.
Midwest Bank of Freeport Employees Profit Sharing Plan-15$205,295$17,550$1,170iApproximate average salary by contribution assumption: employee only about $29,250 at 4% or $19,500 at 6%; with 50% employer match about $19,500 at 4% or $13,000 at 6%; with 100% employer match about $14,625 at 4% or $9,750 at 6%.