2023 Form 5500 filing — Wellborn Cabinet, Inc. 401(K) 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 20241015082451NAL0014243283001) for Wellborn Cabinet, Inc. 401(K) Profit Sharing Plan, reported by Wellborn Cabinet Inc. under EIN 63-0622867 and plan number 001. It reports 1,494 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015082451NAL0014243283001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wellborn Cabinet Inc.
- EIN
- 63-0622867
- Plan number
- 001
- Location
- Ashland, AL
- Participants
- 1,494
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $26,541,628
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,541,628
- Employer contributions
- $328,778
- Participant contributions
- $1,719,034
- Total income / additions
- $5,566,424
- Benefits paid
- $1,352,198
- Administrative expenses
- $31,594
- Total expenses
- $1,513,342
- Net increase / (decrease)
- $4,053,082
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Waverly Advisors, LLC | RIA | $32,205 | $0 |