2023 Form 5500 filing — Waldemar S. Nelson & Company, Inc. 401(K) Retirement Plan & Trust
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 20250203132349NAL0006980257001) for Waldemar S. Nelson & Company, Inc. 401(K) Retirement Plan & Trust, reported by Waldemar S Nelson & Company, Inc under EIN 72-0488863 and plan number 001. It reports 340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250203132349NAL0006980257001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Waldemar S Nelson & Company, Inc
- EIN
- 72-0488863
- Plan number
- 001
- Location
- New Orleans, LA
- Participants
- 340
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $100,010,355
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $100,010,355
- Employer contributions
- $796,936
- Participant contributions
- $2,827,780
- Total income / additions
- $15,327,319
- Benefits paid
- $9,344,895
- Administrative expenses
- $120,219
- Total expenses
- $9,465,114
- Net increase / (decrease)
- $5,862,205
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $68,986 | $0 |
| Ubs Financial Services, Inc. | NONE | $45,000 | not reported in the loaded dataset |
| Jones Walker | NONE | $5,831 | not reported in the loaded dataset |