2023 Form 5500 filing — Wadhams Enterprises, Inc. Employee Retirement Savings 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 20240822142442NAL0011171730001) for Wadhams Enterprises, Inc. Employee Retirement Savings Plan, reported by Wadhams Enterprises, Inc. under EIN 16-1397441 and plan number 001. It reports 772 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240822142442NAL0011171730001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wadhams Enterprises, Inc.
- EIN
- 16-1397441
- Plan number
- 001
- Location
- Phelps, NY
- Participants
- 772
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,739,250
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,739,250
- Employer contributions
- $666,679
- Participant contributions
- $1,561,358
- Total income / additions
- $6,012,133
- Benefits paid
- $2,437,592
- Administrative expenses
- $116,746
- Total expenses
- $2,554,523
- Net increase / (decrease)
- $3,457,610
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| James P Reagan Agency | N/A | $71,725 | $0 |
| Benefit Plans Admin Services Inc. | N/A | $45,021 | $0 |