2023 Form 5500 filing — Weg Transformers Usa, LLC 401(K) 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 20241014075825NAL0025683873001) for Weg Transformers Usa, LLC 401(K) Plan, reported by Weg Transformers Usa, LLC under EIN 14-1799233 and plan number 003. It reports 220 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014075825NAL0025683873001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Weg Transformers Usa, LLC
- EIN
- 14-1799233
- Plan number
- 003
- Location
- Washington, MO
- Participants
- 220
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $14,686,310
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $14,686,310
- Employer contributions
- $449,701
- Participant contributions
- $971,167
- Total income / additions
- $3,284,536
- Benefits paid
- $437,848
- Administrative expenses
- $56,663
- Total expenses
- $494,511
- Net increase / (decrease)
- $2,790,025
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $54,167 | $123 |
| Lpl Financial LLC | OTHER SERVICES | $0 | $21,981 |
| Teal Becker & Chiaramonte, Cpas Pc | OTHER SERVICES | $0 | $6,104 |