Plain-English plan 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, Worthen Industries, Inc. Profit Sharing And Savings Plan is a benefit plan reported by Worthen Industries, Inc. under EIN 02-0505077 and plan number 001. The latest loaded filing year is 2023. The filing reports 378 participants and $31,941,066 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $31,941,066
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $31,941,066
- Net assets (BOY)
- $28,099,050
Income & contributions
- Employer contributions
- $906,458
- Participant contributions
- $1,777,055
- Total contributions
- $2,765,466
- Total income / additions
- $8,289,589
Expenses & distributions
- Benefits paid
- $4,425,211
- Administrative expenses
- $18,137
- Total expenses
- $4,447,573
- Net increase / (decrease)
- $3,842,016