2023 Form 5500 filing — Wells Concrete Products Company Profit Sharing 401(K) And Laborers Union Supplemental 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 20241014100434NAL0026980113001) for Wells Concrete Products Company Profit Sharing 401(K) And Laborers Union Supplemental Retirement Plan, reported by The Wells Companies under EIN 27-2789430 and plan number 001. It reports 1,644 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)$83.4MReported net assets$83,380,597
Participants1.6K1,644
Provider compensation$74K2 Schedule C row(s)$73,981
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014100434NAL0026980113001
Plan sponsor
The Wells Companies
EIN
27-2789430
Plan number
001
Location
Albany, MN
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$83.4M total assets
Net assets$83.4MLiabilities$0
Money in vs. money out
Total income / additions$20.2M
Total expenses$8.6M
Benefits paid / distributions$8.5M
Contributions
Employer$1.9M
Participant$5.1M
Full reported line items
Total assets (EOY)
$83,380,597
Total liabilities (EOY)
$0
Net assets (EOY)
$83,380,597
Employer contributions
$1,878,921
Participant contributions
$5,074,251
Total income / additions
$20,168,075
Benefits paid
$8,493,790
Administrative expenses
$73,981
Total expenses
$8,584,995
Net increase / (decrease)
$11,583,080
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    RECORDKEEPER · Direct $62.7K · Indirect $0
  2. 2
    INVESTMENT ADVISOR · Direct $11.3K

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014100434NAL0026980113001 cover?
It is the 2023 Form 5500 filing for Wells Concrete Products Company Profit Sharing 401(K) And Laborers Union Supplemental Retirement Plan, reported by The Wells Companies (EIN 27-2789430).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages