2023 Form 5500 filing — Wellmore, Inc. 401(K) And 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 20250320150225NAL0013018258001) for Wellmore, Inc. 401(K) And Profit Sharing Plan, reported by Wellmore, Inc. under EIN 06-0669107 and plan number 002. It reports 431 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250320150225NAL0013018258001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wellmore, Inc.
- EIN
- 06-0669107
- Plan number
- 002
- Location
- Waterbury, CT
- Participants
- 431
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,473,555
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $9,473,555
- Employer contributions
- $453,326
- Participant contributions
- $446,355
- Total income / additions
- $1,919,690
- Benefits paid
- $845,924
- Administrative expenses
- $64,467
- Total expenses
- $910,391
- Net increase / (decrease)
- $1,009,299
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Ins Co Of America | RECORDKEEPER | $37,265 | $0 |
| Smith Brothers Financial LLC | INVESTMENT ADVISOR | $22,777 | not reported in the loaded dataset |
| Pension Consultants Inc | CONTRACT ADMIN | $5,250 | $8,387 |