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, Wells Vehicle Electronics 401(K) Savings Plan is a benefit plan reported by Wells Vehicle Electronics, L.P. under EIN 06-1763647 and plan number 003. The latest loaded filing year is 2023. The filing reports 598 participants and $49,201,707 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $49,201,707
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $49,201,707
- Net assets (BOY)
- $43,887,363
Income & contributions
- Employer contributions
- $1,228,638
- Participant contributions
- $2,275,972
- Total contributions
- $4,849,032
- Total income / additions
- $11,802,349
Expenses & distributions
- Benefits paid
- $6,365,450
- Administrative expenses
- $122,555
- Total expenses
- $6,488,005
- Net increase / (decrease)
- $5,314,344