2023 Form 5500 filing — Weld-Rite Service, 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 20241015100149NAL0028004673001) for Weld-Rite Service, Inc. 401(K) Profit Sharing Plan, reported by Weld-Rite Service, Inc. under EIN 36-2841861 and plan number 001. It reports 123 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015100149NAL0028004673001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Weld-Rite Service, Inc.
- EIN
- 36-2841861
- Plan number
- 001
- Location
- Bedford Park, IL
- Participants
- 123
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $7,992,486
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,992,486
- Employer contributions
- $120,000
- Participant contributions
- $503,455
- Total income / additions
- $2,373,628
- Benefits paid
- $1,377,080
- Administrative expenses
- $19,349
- Total expenses
- $1,405,785
- Net increase / (decrease)
- $967,843
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Eagle Wealth Management LLC | ADVISOR | $18,899 | not reported in the loaded dataset |
| Fidelity Investments Institutional | RECORDKEEPER | $450 | $0 |