2023 Form 5500 filing — Wholesale Electric Caribe, Inc. Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240723145050NAL0011489841001) for Wholesale Electric Caribe, Inc. Retirement Plan, reported by Wholesale Electric Caribe, Inc. under EIN 66-0571416 and plan number 001. It reports 47 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240723145050NAL0011489841001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wholesale Electric Caribe, Inc.
- EIN
- 66-0571416
- Plan number
- 001
- Location
- Barceloneta, PR
- Participants
- 47
- Schedules available
- Schedule I, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,134,312
- Net assets (EOY)
- $2,134,312
- Employer contributions
- $3,860
- Participant contributions
- $64,134
- Total income / additions
- $402,055
- Benefits paid
- $15,589
- Administrative expenses
- $16,301
- Total expenses
- $31,890
- Net increase / (decrease)
- $370,165
- Schedule source
- Schedule I
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower A.I.C.A | RECORDKEEPER | $16,399 | $0 |
| Kovack Securities Inc | BROKER/ADVISOR | $0 | $6,983 |