2023 Form 5500 filing — Central Welding Supply, Inc. 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 20250613140007NAL0050397442001) for Central Welding Supply, Inc. Profit Sharing Plan, reported by Central Welding Supply, Inc. under EIN 91-0939329 and plan number 002. It reports 463 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250613140007NAL0050397442001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Central Welding Supply, Inc.
- EIN
- 91-0939329
- Plan number
- 002
- Location
- North Lakewood, WA
- Participants
- 463
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $23,255,796
- Total liabilities (EOY)
- $394
- Net assets (EOY)
- $23,255,402
- Employer contributions
- $475,000
- Participant contributions
- $1,032,309
- Total income / additions
- $4,917,550
- Benefits paid
- $635,946
- Administrative expenses
- $51,660
- Total expenses
- $687,606
- Net increase / (decrease)
- $4,229,944
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Usi Advisors, Inc. | NONE | $27,500 | $0 |
| Usi Consulting Group | NONE | $24,160 | $0 |
| Charles Schwab Bank | NONE | $0 | $10,750 |
| Charles Schwab & Co. | NONE | $0 | $0 |