Weg Transformers Usa, LLC 401(K) Plan — Form 5500 plan (Weg Transformers Usa, LLC)

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, Weg Transformers Usa, LLC 401(K) Plan is a benefit plan reported by Weg Transformers Usa, LLC under EIN 14-1799233 and plan number 003. The latest loaded filing year is 2023. The filing reports 220 participants and $14,686,310 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Weg Transformers Usa, LLC
EIN
14-1799233
Plan number
003
Plan type
2
Location
Washington, MO
Latest filing year
2023
Participants
220
End-of-year plan assets
$14,686,310

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023220H, C20241014075825NAL0025683873001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,686,310
Total liabilities (EOY)
$0
Net assets (EOY)
$14,686,310
Net assets (BOY)
$11,896,285

Income & contributions

Employer contributions
$449,701
Participant contributions
$971,167
Total contributions
$1,444,148
Total income / additions
$3,284,536

Expenses & distributions

Benefits paid
$437,848
Administrative expenses
$56,663
Total expenses
$494,511
Net increase / (decrease)
$2,790,025

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$54,167$1232023
Lpl Financial LLCOTHER SERVICES$0$21,9812023
Teal Becker & Chiaramonte, Cpas PcOTHER SERVICES$0$6,1042023

Related Form 5500 pages