Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) Plan: Login, Facts & Contact Information
Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) Login
315 former Minnesota Ag Power, Inc. Dba Midwest Machinery Co. employees still have money in this plan.
Retirement plan providers can change. This information is from the plan's 2024 filing.
Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) Plan Facts
Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Jul 28, 2025. Public filing with the U.S. Department of Labor.
Money in and out in plan year 2024
- $5.29 million went into the plan in contributions, $1.51 million of it from the employer (29%).
- $3.70 million was paid out to participants.
- Investment and other income added $6.21 million.
- Administrative expenses were $179,851, about $194 per account.
How the Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) changed, 2019–2024
| Plan year | Participants | Plan assets | Employer contributions | Benefits paid |
|---|---|---|---|---|
| 2019 | 443 | $24.4 million | $616,799 | $2.04 million |
| 2020 | 437 | $29.0 million | $654,708 | $1.14 million |
| 2021 | 456 | $34.1 million | $657,513 | $1.45 million |
| 2022 | 829 | $39.5 million | $1.36 million | $2.11 million |
| 2023 | 872 | $48.7 million | $1.47 million | $3.36 million |
| 2024 | 930 | $56.4 million | $1.51 million | $3.70 million |
Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k) Contact Information
Questions about the Minnesota Ag Power, Inc. Dba Midwest Machinery Co. 401(k)
Does Minnesota Ag Power, Inc. Dba Midwest Machinery Co contribute to the 401(k)?
Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $1.51 million, 29% of all contributions.
Does the Minnesota Ag Power, Inc. Dba Midwest Machinery Co 401(k) have automatic enrollment?
Yes. The plan reports automatic enrollment of eligible employees.
How many people are in the Minnesota Ag Power, Inc. Dba Midwest Machinery Co 401(k) plan?
930 participants at the start of plan year 2024, 615 of them active employees, and 315 former employees who still had money in the plan.
What is the average 401(k) balance at Minnesota Ag Power, Inc. Dba Midwest Machinery Co?
About $60,803 per account: $56.4 million in plan assets across 927 accounts with a balance at the end of plan year 2024.
Who manages the Minnesota Ag Power, Inc. Dba Midwest Machinery Co 401(k) accounts?
Empower (listed on the filing as EMPOWER ANNUITY INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.
I no longer work at Minnesota Ag Power, Inc. Dba Midwest Machinery Co. How do I access my 401(k)?
Your account stays with Empower after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.