Civic Intelligence

Midwest Financial Partners

Plan context: Midwest Financial Partners 401(K) Profit Sharing Plan

EIN 41-1021581 • St. Cloud, MN • 12 filings • 2 plans

912 W. St. Germain StreetRegency Plaza, Suite 201St. Cloud, MN 56301
Current Snapshot

Latest Year

2024

2024 Participants

34

2024 Assets

$7,776,303

2024 Contributions

$720,842

Historical Graphs

Total Assets Over Time

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

$7,776,303$3,888,152$0201320192024YearValue
$7,776,303Latest year 2024

Participants Over Time

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

34170201320192024YearValue
34Latest year 2024

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
2024134$7,776,303$720,842$21,201iApproximate average salary by contribution assumption: employee only about $530,031 at 4% or $353,354 at 6%; with 50% employer match about $353,354 at 4% or $235,569 at 6%; with 100% employer match about $265,015 at 4% or $176,677 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-34$7,776,303$720,842$21,201iApproximate average salary by contribution assumption: employee only about $530,031 at 4% or $353,354 at 6%; with 50% employer match about $353,354 at 4% or $235,569 at 6%; with 100% employer match about $265,015 at 4% or $176,677 at 6%.
2023132$6,342,106$925,953$28,936iApproximate average salary by contribution assumption: employee only about $723,401 at 4% or $482,267 at 6%; with 50% employer match about $482,267 at 4% or $321,511 at 6%; with 100% employer match about $361,700 at 4% or $241,134 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-32$6,342,106$925,953$28,936iApproximate average salary by contribution assumption: employee only about $723,401 at 4% or $482,267 at 6%; with 50% employer match about $482,267 at 4% or $321,511 at 6%; with 100% employer match about $361,700 at 4% or $241,134 at 6%.
2022128$4,575,632$630,976$22,535iApproximate average salary by contribution assumption: employee only about $563,371 at 4% or $375,581 at 6%; with 50% employer match about $375,581 at 4% or $250,387 at 6%; with 100% employer match about $281,686 at 4% or $187,790 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-28$4,575,632$630,976$22,535iApproximate average salary by contribution assumption: employee only about $563,371 at 4% or $375,581 at 6%; with 50% employer match about $375,581 at 4% or $250,387 at 6%; with 100% employer match about $281,686 at 4% or $187,790 at 6%.
2021121$4,911,058$422,566$20,122iApproximate average salary by contribution assumption: employee only about $503,055 at 4% or $335,370 at 6%; with 50% employer match about $335,370 at 4% or $223,580 at 6%; with 100% employer match about $251,527 at 4% or $167,685 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-21$4,911,058$422,566$20,122iApproximate average salary by contribution assumption: employee only about $503,055 at 4% or $335,370 at 6%; with 50% employer match about $335,370 at 4% or $223,580 at 6%; with 100% employer match about $251,527 at 4% or $167,685 at 6%.
2020118$4,039,108$357,349$19,853iApproximate average salary by contribution assumption: employee only about $496,318 at 4% or $330,879 at 6%; with 50% employer match about $330,879 at 4% or $220,586 at 6%; with 100% employer match about $248,159 at 4% or $165,439 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-18$4,039,108$357,349$19,853iApproximate average salary by contribution assumption: employee only about $496,318 at 4% or $330,879 at 6%; with 50% employer match about $330,879 at 4% or $220,586 at 6%; with 100% employer match about $248,159 at 4% or $165,439 at 6%.
2019118$3,029,917$340,667$18,926iApproximate average salary by contribution assumption: employee only about $473,149 at 4% or $315,432 at 6%; with 50% employer match about $315,432 at 4% or $210,288 at 6%; with 100% employer match about $236,574 at 4% or $157,716 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-18$3,029,917$340,667$18,926iApproximate average salary by contribution assumption: employee only about $473,149 at 4% or $315,432 at 6%; with 50% employer match about $315,432 at 4% or $210,288 at 6%; with 100% employer match about $236,574 at 4% or $157,716 at 6%.
2018117$2,171,419$368,338$21,667iApproximate average salary by contribution assumption: employee only about $541,674 at 4% or $361,116 at 6%; with 50% employer match about $361,116 at 4% or $240,744 at 6%; with 100% employer match about $270,837 at 4% or $180,558 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-17$2,171,419$368,338$21,667iApproximate average salary by contribution assumption: employee only about $541,674 at 4% or $361,116 at 6%; with 50% employer match about $361,116 at 4% or $240,744 at 6%; with 100% employer match about $270,837 at 4% or $180,558 at 6%.
2017116$2,135,404$229,019$14,314iApproximate average salary by contribution assumption: employee only about $357,842 at 4% or $238,561 at 6%; with 50% employer match about $238,561 at 4% or $159,041 at 6%; with 100% employer match about $178,921 at 4% or $119,281 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-16$2,135,404$229,019$14,314iApproximate average salary by contribution assumption: employee only about $357,842 at 4% or $238,561 at 6%; with 50% employer match about $238,561 at 4% or $159,041 at 6%; with 100% employer match about $178,921 at 4% or $119,281 at 6%.
2016112$1,656,087$273,342$22,779iApproximate average salary by contribution assumption: employee only about $569,463 at 4% or $379,642 at 6%; with 50% employer match about $379,642 at 4% or $253,094 at 6%; with 100% employer match about $284,731 at 4% or $189,821 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-12$1,656,087$273,342$22,779iApproximate average salary by contribution assumption: employee only about $569,463 at 4% or $379,642 at 6%; with 50% employer match about $379,642 at 4% or $253,094 at 6%; with 100% employer match about $284,731 at 4% or $189,821 at 6%.
2015111$1,274,528$280,371$25,488iApproximate average salary by contribution assumption: employee only about $637,207 at 4% or $424,805 at 6%; with 50% employer match about $424,805 at 4% or $283,203 at 6%; with 100% employer match about $318,603 at 4% or $212,402 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-11$1,274,528$280,371$25,488iApproximate average salary by contribution assumption: employee only about $637,207 at 4% or $424,805 at 6%; with 50% employer match about $424,805 at 4% or $283,203 at 6%; with 100% employer match about $318,603 at 4% or $212,402 at 6%.
2014110$1,042,909$234,048$23,405iApproximate average salary by contribution assumption: employee only about $585,120 at 4% or $390,080 at 6%; with 50% employer match about $390,080 at 4% or $260,053 at 6%; with 100% employer match about $292,560 at 4% or $195,040 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-10$1,042,909$234,048$23,405iApproximate average salary by contribution assumption: employee only about $585,120 at 4% or $390,080 at 6%; with 50% employer match about $390,080 at 4% or $260,053 at 6%; with 100% employer match about $292,560 at 4% or $195,040 at 6%.
201319$1,050,910$904,993$100,555iApproximate average salary by contribution assumption: employee only about $2,513,869 at 4% or $1,675,913 at 6%; with 50% employer match about $1,675,913 at 4% or $1,117,275 at 6%; with 100% employer match about $1,256,935 at 4% or $837,956 at 6%.
Midwest Financial Partners 401(K) Profit Sharing Plan-9$1,050,910$904,993$100,555iApproximate average salary by contribution assumption: employee only about $2,513,869 at 4% or $1,675,913 at 6%; with 50% employer match about $1,675,913 at 4% or $1,117,275 at 6%; with 100% employer match about $1,256,935 at 4% or $837,956 at 6%.