2023 Form 5500 filing — Wel Companies, Inc. 401(K) 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 20240831132347NAL0029052368001) for Wel Companies, Inc. 401(K) Savings Plan, reported by Wel Companies, Inc. under EIN 39-1277617 and plan number 001. It reports 545 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240831132347NAL0029052368001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wel Companies, Inc.
- EIN
- 39-1277617
- Plan number
- 001
- Location
- Depere, WI
- Participants
- 545
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $6,294,795
- Net assets (EOY)
- $6,294,795
- Employer contributions
- $319,664
- Participant contributions
- $1,027,068
- Total income / additions
- $2,180,149
- Benefits paid
- $1,345,733
- Administrative expenses
- $68,824
- Total expenses
- $1,414,557
- Net increase / (decrease)
- $765,592
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| John Hancock Life Insurance Company | RECORD KEEPER | $1,120 | not reported in the loaded dataset |