2023 Form 5500 filing — Western Carriers, Inc. Profit Sharing 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 20240930134517NAL0003281251001) for Western Carriers, Inc. Profit Sharing Plan, reported by Western Carriers, Inc. under EIN 04-2481205 and plan number 002. It reports 728 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$35.4MReported net assets$35,377,742
Participants728
Provider compensation$144.8K2 Schedule C row(s)$144,758
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20240930134517NAL0003281251001
Plan sponsor
Western Carriers, Inc.
EIN
04-2481205
Plan number
002
Location
North Bergen, NJ
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$35.4M total assets
Net assets$35.4MLiabilities
Money in vs. money out
Total income / additions$9.1M
Total expenses$5.1M
Benefits paid / distributions$4.9M
Contributions
Employer$975.5K
Participant$2.6M
Full reported line items
Total assets (EOY)
$35,377,742
Net assets (EOY)
$35,377,742
Employer contributions
$975,535
Participant contributions
$2,579,259
Total income / additions
$9,111,588
Benefits paid
$4,906,269
Administrative expenses
$144,758
Total expenses
$5,073,115
Net increase / (decrease)
$4,038,473

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Sensus Investment Management GNONE$94,243not reported in the loaded dataset
Schwab Retirement Plan Services,IncNONE$50,515not reported in the loaded dataset

Related Form 5500 pages