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Original filing (PDF)20260209075042NAL0001243681001
MIDREX TECHNOLOGIES, INC.
Form 5500
FILING_RECEIVED
MIDREX 401(K) PLAN
401(k) retirement plan
Signals · 1
Late filing · 2.8 mo
Active participants
212
Accounts w/ balance
277
Plan assets (EOY)
$59.9M
Net assets (EOY)
$59.9M
How this plan invests
This plan
1 pooled trust
Schedule D
54 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
92
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
89
Concentration risk
100
Total plan cost
80
Vendor stack
100
Participation health
100
Knocking points off
- Filed 2.8 months past the 10.5-month grace window.
- 21 bps in Schedule C fees — modestly above peer band of 16 bps.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for MIDREX TECHNOLOGIES, INC..
Plan sponsor
Name
MIDREX TECHNOLOGIES, INC.
EIN
52-1791274
Address
3735 GLEN LAKE DRIVE · CHARLOTTE, NC · 28208
Phone
(704) 373-1600
Industry
Engineering Services· Professional & Technical Servicessee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
002
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2026-02-09
Pension benefit codes
2E · Profit-sharing
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2K · 401(m) arrangement
2T · Default investment account (QDIA)
3F · Sponsor used leased employees
3H · Sponsor in controlled / affiliated group
Audit & trust (Schedule H)
Auditor
BGW CPA CO, LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
3 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | — | GREENWOOD VILLAGE, CO | RECORDKEEPER | $2K | — |
Broker
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| MMLIS | — | SPRINGFIELD, MA | BROKER/ADVISER | $0 | — |
Other
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| EMPOWER ADVISORY GROUP, LLC | — | GREENWOOD VILLAGE, CO | INVESTMENT MGMT | $125K | — |
Investments
54 direct securities · 1 pooled fund· $59.9M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Their holdings are itemized on each fund’s own Form 5500.
Uncategorized
$54.5M
51 holdings
Guaranteed Income / GIC
$4.9M
1 holding
Mutual Funds
$546K
1 holding
Pooled Separate Accounts
$5K
1 holding
Pooled Separate Account
$5K
1 holding
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity Investments Fidelity 500 Index (1) | — | — | — | $6.6M | 11.0% | |
| American Funds American Funds 2030 Trgt Date Retire R6 (1) | — | — | — | $5.8M | 9.7% | |
| * Mass Mutual SAGIC Core Bond II | Guaranteed Income / GIC | — | — | $4.9M | 8.1% | |
| American Funds American Funds 2035 Trgt Date Retire R6 (1) | — | — | — | $4.3M | 7.2% | |
| American Funds American Funds 2045 Trgt Date Retire R6 (1) | — | — | — | $3.9M | 6.5% | |
| American Funds American Funds 2025 Trgt Date Retire R6 (1) | — | — | — | $3.3M | 5.5% | |
| American Funds American Funds 2040 Trgt Date Retire R6 (1) | — | — | — | $3.0M | 5.0% | |
| American Funds American Funds 2020 Trgt Date Retire R6 (1) | — | — | — | $2.7M | 4.5% | |
| The Hartford Core Equity R6 (1) | — | — | — | $2.6M | 4.3% | |
| PIMCO Funds JP Morgan Large Cap Growth R6 (1) | — | — | — | $1.9M | 3.2% | |
| American Funds American Funds American Balanced R6 (1) | — | — | — | $1.7M | 2.8% | |
| American Funds American Funds 2050 Trgt Date Retire R6 (1) | — | — | — | $1.5M | 2.5% | |
| Fidelity Investments Fidelity Mid Cap Index (1) | — | — | — | $1.4M | 2.4% | |
| Fidelity Investments Fidelity Large Cap Growth Index (1) | — | — | — | $1.1M | 1.8% | |
| Fidelity Investments Fidelity Small Cap Index (1) | — | — | — | $1.1M | 1.8% | |
| PGIM Investments PGIM High-Yield R6 (1) | — | — | — | $1.0M | 1.7% | |
| T. Rowe Price T. Rowe Price Overseas Stock I (1) | — | — | — | $869K | 1.5% | |
| Dimensional Fund Advisors DFA Real Estate Securities I (1) | — | — | — | $839K | 1.4% | |
| American Funds American Funds 2055 Trgt Date Retire R6 (1) | — | — | — | $771K | 1.3% | |
| JP Morgan JP Morgan Equity Income R6 (1) | — | — | — | $740K | 1.2% | |
| Vanguard Small Cap Growth Index Admiral (1) | — | — | — | $671K | 1.1% | |
| Fidelity Investments Fidelity Large Cap Value Index (1) | — | — | — | $655K | 1.1% | |
| American Funds American Funds New Perspective R6 (1) | — | — | — | $623K | 1.0% | |
| PGIM Investments Baird Short-Term Bond Inst (1) | — | — | — | $572K | 1.0% | |
| Vanguard Mid-Cap Growth Index Admiral (1) | — | — | — | $554K | 0.9% | |
| s * American Funds American Funds 2010 Trgt Date Retire R6 (1) | Mutual Funds | — | — | $546K | 0.9% | |
| American Funds American Funds Bond Fund of Amer R6 (1) | — | — | — | $503K | 0.8% | |
| Vanguard Mid-Cap Value Index Admiral (1) | — | — | — | $491K | 0.8% | |
| American Funds American Funds Fundamental Investors R6 (1) | — | — | — | $483K | 0.8% | |
| American Funds American Funds New World R6 (1) | — | — | — | $460K | 0.8% | |
| Vanguard Small-Cap Value Index Admiral (1) | — | — | — | $411K | 0.7% | |
| Fidelity Investments Fidelity U.S. Bond Index (1) | — | — | — | $407K | 0.7% | |
| American Funds American Funds 2060 Trgt Date Retire R6 (1) | — | — | — | $398K | 0.7% | |
| Vanguard JP Morgan Government Bond R6 (1) | — | — | — | $386K | 0.6% | |
| MFS Investment Management MFS International Growth R6 (1) | — | — | — | $371K | 0.6% | |
| various repayment terms $0 | — | — | — | $289K | 0.5% | |
| Calvert US Large Cap Core Rspnb Idx R6 (1) | — | — | — | $261K | 0.4% | |
| Fidelity Investments Fidelity Advisor Small Cap Z (1) | — | — | — | $246K | 0.4% | |
| American Funds American Funds 2065 Trgt Date Retire R6 (1) | — | — | — | $227K | 0.4% | |
| MFS Investment Management MFS Research International R6 (1) | — | — | — | $220K | 0.4% | |
| Vanguard Long-Term Treasury Admiral (1) | — | — | — | $216K | 0.4% | |
| Vanguard International Value Portfolio (1) | — | — | — | $180K | 0.3% | |
| American Funds American Funds 2015 Trgt Date Retire R6 (1) | — | — | — | $177K | 0.3% | |
| PIMCO Funds PIMCO Intl Bond (USD-Hedged) Inst (1) | — | — | — | $122K | 0.2% | |
| Fidelity Investments Fidelity Emerging Markets Index (1) | — | — | — | $114K | 0.2% | |
| Cohen & Steers Cohen & Steers Real Estate Securities Z (1) | — | — | — | $89K | 0.1% | |
| Franklin/Templeton Franklin Small Cap Value R6 (1) | — | — | — | $49K | <0.1% | |
| Lord Abbett Lord Abbett Developing Growth R6 (1) | — | — | — | $46K | <0.1% | |
| Fidelity Investments Fidelity Advisor Strategic Income Z (1) | — | — | — | $46K | <0.1% | |
| MFS Investment Management MFS Mid Cap Value R6 (1) | — | — | — | $36K | <0.1% | |
| Fidelity Investments Fidelity Long Term Treasury Bond Index (1) | — | — | — | $10K | <0.1% | |
| s * Mass Mutual Holding Account (1) | Pooled Separate Accounts | — | — | $5K | <0.1% | |
| SIA-G US GOVT MONEY MARKT MASSACHUSETTS MUTUAL LIFE INSURANCE · EIN 04-1590850 / PN 000 | Pooled Separate Account | — | — | $5K | <0.1% | |
| BlackRock Mid-Cap Growth Equity K (1) | — | — | — | $2K | <0.1% | |
| American Funds American Funds Smallcap World R6 (1) | — | — | — | $2K | <0.1% |
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