Civic Intelligence

Midrex Direct Reduction Corporation

Plan context: Midrex 401(K) Plan

EIN 52-1791274 • Charlotte, NC • 70 filings • 7 plans

SameCharlotte, NC 28217
Current Snapshot

Latest Year

2024

2024 Participants

212

2024 Assets

$59,889,150

2024 Contributions

$4,896,061

Historical Graphs

Total Assets Over Time

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

$59,889,150$29,944,575$0200320142024YearValue
$59,889,150Latest year 2024

Participants Over Time

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

4842420200020122024YearValue
212Latest 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
20242212$59,889,150$4,896,061$23,095iApproximate average salary by contribution assumption: employee only about $577,366 at 4% or $384,910 at 6%; with 50% employer match about $384,910 at 4% or $256,607 at 6%; with 100% employer match about $288,683 at 4% or $192,455 at 6%.
Midrex 401(K) Plan-212$59,889,150$4,896,061$23,095iApproximate average salary by contribution assumption: employee only about $577,366 at 4% or $384,910 at 6%; with 50% employer match about $384,910 at 4% or $256,607 at 6%; with 100% employer match about $288,683 at 4% or $192,455 at 6%.
Midrex Group Health Plan-209---
20232193$57,150,743$5,242,731$27,164iApproximate average salary by contribution assumption: employee only about $679,110 at 4% or $452,740 at 6%; with 50% employer match about $452,740 at 4% or $301,827 at 6%; with 100% employer match about $339,555 at 4% or $226,370 at 6%.
Midrex 401(K) Plan-193$57,150,743$5,242,731$27,164iApproximate average salary by contribution assumption: employee only about $679,110 at 4% or $452,740 at 6%; with 50% employer match about $452,740 at 4% or $301,827 at 6%; with 100% employer match about $339,555 at 4% or $226,370 at 6%.
Midrex Group Health Plan-187---
20222154$47,212,417$2,972,901$19,305iApproximate average salary by contribution assumption: employee only about $482,614 at 4% or $321,743 at 6%; with 50% employer match about $321,743 at 4% or $214,495 at 6%; with 100% employer match about $241,307 at 4% or $160,871 at 6%.
Midrex 401(K) Plan-154$47,212,417$2,972,901$19,305iApproximate average salary by contribution assumption: employee only about $482,614 at 4% or $321,743 at 6%; with 50% employer match about $321,743 at 4% or $214,495 at 6%; with 100% employer match about $241,307 at 4% or $160,871 at 6%.
Midrex Group Health Plan-148---
20212161$57,340,244$2,849,994$17,702iApproximate average salary by contribution assumption: employee only about $442,546 at 4% or $295,030 at 6%; with 50% employer match about $295,030 at 4% or $196,687 at 6%; with 100% employer match about $221,273 at 4% or $147,515 at 6%.
Midrex 401(K) Plan-161$57,340,244$2,849,994$17,702iApproximate average salary by contribution assumption: employee only about $442,546 at 4% or $295,030 at 6%; with 50% employer match about $295,030 at 4% or $196,687 at 6%; with 100% employer match about $221,273 at 4% or $147,515 at 6%.
Midrex Group Health Plan-146---
20203156$51,061,642$2,785,487$17,856iApproximate average salary by contribution assumption: employee only about $446,392 at 4% or $297,595 at 6%; with 50% employer match about $297,595 at 4% or $198,397 at 6%; with 100% employer match about $223,196 at 4% or $148,797 at 6%.
Midrex 401(K) Plan-152$51,061,642$2,785,487$18,326iApproximate average salary by contribution assumption: employee only about $458,139 at 4% or $305,426 at 6%; with 50% employer match about $305,426 at 4% or $203,617 at 6%; with 100% employer match about $229,070 at 4% or $152,713 at 6%.
Midrex Group Health Plan-156---
Midrex Group Life Plan-0---
20193178$48,444,282$3,724,104$20,922iApproximate average salary by contribution assumption: employee only about $523,048 at 4% or $348,699 at 6%; with 50% employer match about $348,699 at 4% or $232,466 at 6%; with 100% employer match about $261,524 at 4% or $174,349 at 6%.
Midrex 401(K) Plan-174$48,444,282$3,724,104$21,403iApproximate average salary by contribution assumption: employee only about $535,072 at 4% or $356,715 at 6%; with 50% employer match about $356,715 at 4% or $237,810 at 6%; with 100% employer match about $267,536 at 4% or $178,357 at 6%.
Midrex Group Health Plan-178---
Midrex Group Life Plan-167---
20183174$40,275,198$3,113,148$17,892iApproximate average salary by contribution assumption: employee only about $447,291 at 4% or $298,194 at 6%; with 50% employer match about $298,194 at 4% or $198,796 at 6%; with 100% employer match about $223,646 at 4% or $149,097 at 6%.
Midrex 401(K) Plan-174$40,275,198$3,113,148$17,892iApproximate average salary by contribution assumption: employee only about $447,291 at 4% or $298,194 at 6%; with 50% employer match about $298,194 at 4% or $198,796 at 6%; with 100% employer match about $223,646 at 4% or $149,097 at 6%.
Midrex Group Health Plan-165---
Midrex Group Life Plan-170---
20173176$42,437,153$3,028,053$17,205iApproximate average salary by contribution assumption: employee only about $430,121 at 4% or $286,747 at 6%; with 50% employer match about $286,747 at 4% or $191,165 at 6%; with 100% employer match about $215,061 at 4% or $143,374 at 6%.
Midrex 401(K) Plan-176$42,437,153$3,028,053$17,205iApproximate average salary by contribution assumption: employee only about $430,121 at 4% or $286,747 at 6%; with 50% employer match about $286,747 at 4% or $191,165 at 6%; with 100% employer match about $215,061 at 4% or $143,374 at 6%.
Midrex Group Health Plan-154---
Midrex Group Life Plan-154---
20163179$40,247,395$2,902,544$16,215iApproximate average salary by contribution assumption: employee only about $405,383 at 4% or $270,255 at 6%; with 50% employer match about $270,255 at 4% or $180,170 at 6%; with 100% employer match about $202,692 at 4% or $135,128 at 6%.
Midrex 401(K) Plan-179$40,247,395$2,902,544$16,215iApproximate average salary by contribution assumption: employee only about $405,383 at 4% or $270,255 at 6%; with 50% employer match about $270,255 at 4% or $180,170 at 6%; with 100% employer match about $202,692 at 4% or $135,128 at 6%.
Midrex Group Life Plan-168---
Midrex Group Health Plan-159---
20153198$41,523,542$2,836,820$14,327iApproximate average salary by contribution assumption: employee only about $358,184 at 4% or $238,790 at 6%; with 50% employer match about $238,790 at 4% or $159,193 at 6%; with 100% employer match about $179,092 at 4% or $119,395 at 6%.
Midrex 401(K) Plan-187$41,523,542$2,836,820$15,170iApproximate average salary by contribution assumption: employee only about $379,254 at 4% or $252,836 at 6%; with 50% employer match about $252,836 at 4% or $168,557 at 6%; with 100% employer match about $189,627 at 4% or $126,418 at 6%.
Midrex Group Life Plan-181---
Midrex Group Health Plan-198---
20143484$41,537,982$4,044,943$8,357iApproximate average salary by contribution assumption: employee only about $208,933 at 4% or $139,289 at 6%; with 50% employer match about $139,289 at 4% or $92,859 at 6%; with 100% employer match about $104,467 at 4% or $69,644 at 6%.
Midrex 401(K) Plan-201$41,537,982$4,044,943$20,124iApproximate average salary by contribution assumption: employee only about $503,102 at 4% or $335,402 at 6%; with 50% employer match about $335,402 at 4% or $223,601 at 6%; with 100% employer match about $251,551 at 4% or $167,701 at 6%.
Midrex Group Health Plan-484---
Midrex Group Life Plan-214---
20135214$38,396,914$2,586,156$12,085iApproximate average salary by contribution assumption: employee only about $302,121 at 4% or $201,414 at 6%; with 50% employer match about $201,414 at 4% or $134,276 at 6%; with 100% employer match about $151,061 at 4% or $100,707 at 6%.
Midrex 401(K) Plan-178$38,396,914$2,586,156$14,529iApproximate average salary by contribution assumption: employee only about $363,224 at 4% or $242,149 at 6%; with 50% employer match about $242,149 at 4% or $161,433 at 6%; with 100% employer match about $181,612 at 4% or $121,075 at 6%.
Midrex Group Health Plan-214---
Midrex Group Life Plan-214---
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-177---
MIDREX FLEXIBLE BENEFIT PLAN-0---
20124201$33,547,068$3,119,616$15,520iApproximate average salary by contribution assumption: employee only about $388,012 at 4% or $258,675 at 6%; with 50% employer match about $258,675 at 4% or $172,450 at 6%; with 100% employer match about $194,006 at 4% or $129,337 at 6%.
Midrex 401(K) Plan-170$33,547,068$3,119,616$18,351iApproximate average salary by contribution assumption: employee only about $458,767 at 4% or $305,845 at 6%; with 50% employer match about $305,845 at 4% or $203,896 at 6%; with 100% employer match about $229,384 at 4% or $152,922 at 6%.
Midrex Group Health Plan-200---
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-175---
Midrex Group Life Plan-201---
20114200$27,917,101$2,688,860$13,444iApproximate average salary by contribution assumption: employee only about $336,108 at 4% or $224,072 at 6%; with 50% employer match about $224,072 at 4% or $149,381 at 6%; with 100% employer match about $168,054 at 4% or $112,036 at 6%.
Midrex 401(K) Plan-160$27,917,101$2,688,860$16,805iApproximate average salary by contribution assumption: employee only about $420,134 at 4% or $280,090 at 6%; with 50% employer match about $280,090 at 4% or $186,726 at 6%; with 100% employer match about $210,067 at 4% or $140,045 at 6%.
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-85---
Midrex Group Life Plan-192---
Midrex Group Health Plan-200---
20104191$27,549,970$2,158,909$11,303iApproximate average salary by contribution assumption: employee only about $282,580 at 4% or $188,386 at 6%; with 50% employer match about $188,386 at 4% or $125,591 at 6%; with 100% employer match about $141,290 at 4% or $94,193 at 6%.
Midrex 401(K) Plan-143$27,549,970$2,158,909$15,097iApproximate average salary by contribution assumption: employee only about $377,432 at 4% or $251,621 at 6%; with 50% employer match about $251,621 at 4% or $167,747 at 6%; with 100% employer match about $188,716 at 4% or $125,811 at 6%.
Midrex Group Health Plan-183---
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-189---
Midrex Group Life Plan-191---
20094168$23,239,119$2,283,568$13,593iApproximate average salary by contribution assumption: employee only about $339,817 at 4% or $226,544 at 6%; with 50% employer match about $226,544 at 4% or $151,030 at 6%; with 100% employer match about $169,908 at 4% or $113,272 at 6%.
Midrex 401(K) Plan-124$23,239,119$2,283,568$18,416iApproximate average salary by contribution assumption: employee only about $460,397 at 4% or $306,931 at 6%; with 50% employer match about $306,931 at 4% or $204,621 at 6%; with 100% employer match about $230,198 at 4% or $153,466 at 6%.
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-168---
Midrex Group Health Plan-156---
Midrex Group Life Plan-165---
20083192$16,922,468$1,935,695$10,082iApproximate average salary by contribution assumption: employee only about $252,044 at 4% or $168,029 at 6%; with 50% employer match about $168,029 at 4% or $112,019 at 6%; with 100% employer match about $126,022 at 4% or $84,015 at 6%.
Midrex 401(K) Plan-113$16,922,468$1,935,695$17,130iApproximate average salary by contribution assumption: employee only about $428,251 at 4% or $285,501 at 6%; with 50% employer match about $285,501 at 4% or $190,334 at 6%; with 100% employer match about $214,126 at 4% or $142,750 at 6%.
Midrex Group Life Plan-192---
Midrex Group Health Plan-191---
20073169$23,612,512$1,799,030$10,645iApproximate average salary by contribution assumption: employee only about $266,129 at 4% or $177,419 at 6%; with 50% employer match about $177,419 at 4% or $118,279 at 6%; with 100% employer match about $133,064 at 4% or $88,710 at 6%.
Midrex 401(K) Plan-100$23,612,512$1,799,030$17,990iApproximate average salary by contribution assumption: employee only about $449,758 at 4% or $299,838 at 6%; with 50% employer match about $299,838 at 4% or $199,892 at 6%; with 100% employer match about $224,879 at 4% or $149,919 at 6%.
Midrex Group Health Plan-169---
Midrex Group Life Plan-156---
20064153$20,861,039$1,565,418$10,231iApproximate average salary by contribution assumption: employee only about $255,787 at 4% or $170,525 at 6%; with 50% employer match about $170,525 at 4% or $113,683 at 6%; with 100% employer match about $127,894 at 4% or $85,262 at 6%.
Midrex 401(K) Plan-85$20,861,039$1,565,418$18,417iApproximate average salary by contribution assumption: employee only about $460,417 at 4% or $306,945 at 6%; with 50% employer match about $306,945 at 4% or $204,630 at 6%; with 100% employer match about $230,209 at 4% or $153,472 at 6%.
Midrex Group Life Plan-150---
MIDREX FLEXIBLE SPENDING ACCOUNT PLAN-153---
Midrex Group Health Plan-153---
2005177$19,211,380$1,515,198$19,678iApproximate average salary by contribution assumption: employee only about $491,947 at 4% or $327,965 at 6%; with 50% employer match about $327,965 at 4% or $218,643 at 6%; with 100% employer match about $245,974 at 4% or $163,982 at 6%.
Midrex 401(K) Plan-77$19,211,380$1,515,198$19,678iApproximate average salary by contribution assumption: employee only about $491,947 at 4% or $327,965 at 6%; with 50% employer match about $327,965 at 4% or $218,643 at 6%; with 100% employer match about $245,974 at 4% or $163,982 at 6%.
2004168$16,767,936$751,800$11,056iApproximate average salary by contribution assumption: employee only about $276,397 at 4% or $184,265 at 6%; with 50% employer match about $184,265 at 4% or $122,843 at 6%; with 100% employer match about $138,199 at 4% or $92,132 at 6%.
Midrex 401(K) Plan-68$16,767,936$751,800$11,056iApproximate average salary by contribution assumption: employee only about $276,397 at 4% or $184,265 at 6%; with 50% employer match about $184,265 at 4% or $122,843 at 6%; with 100% employer match about $138,199 at 4% or $92,132 at 6%.
2003159$15,657,716$629,746$10,674iApproximate average salary by contribution assumption: employee only about $266,842 at 4% or $177,894 at 6%; with 50% employer match about $177,894 at 4% or $118,596 at 6%; with 100% employer match about $133,421 at 4% or $88,947 at 6%.
Midrex 401(K) Plan-59$15,657,716$629,746$10,674iApproximate average salary by contribution assumption: employee only about $266,842 at 4% or $177,894 at 6%; with 50% employer match about $177,894 at 4% or $118,596 at 6%; with 100% employer match about $133,421 at 4% or $88,947 at 6%.
2002167$0$0-
Midrex Group Health Plan-67---
2001284$0$0-
Midrex Group Life Plan-84---
Midrex Group Health Plan-84---
2000298$0$0-
Midrex Group Life Plan-98---
Midrex Group Health Plan-98---
199920$0$0-
Midrex Group Life Plan-0---
Midrex Group Health Plan-0---