Wellsville Carpet Town, Inc. 401k Retirement Plan — Form 5500 plan (Wellsville Carpet Town, Inc.)
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, Wellsville Carpet Town, Inc. 401k Retirement Plan is a benefit plan reported by Wellsville Carpet Town, Inc. under EIN 16-0984959 and plan number 001. The latest loaded filing year is 2023. The filing reports 398 participants and $9,838,810 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$9.8MPlan net assets, end of year$9,838,625
Participants398Covered participants reported
Assets / participant$24.7KComputed: assets ÷ participants$24,721 (computed)
Provider compensation$45.9K3 Schedule C provider row(s)$45,904
- Plan sponsor
- Wellsville Carpet Town, Inc.
- EIN
- 16-0984959
- Plan number
- 001
- Plan type
- 2
- Location
- Westons Mills, NY
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 398 | H, C | 20241014102512NAL0025918209001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$9.8M total assets
Net assets$9.8MLiabilities$185
Full reported line items
Net assets
- Total assets (EOY)
- $9,838,810
- Total liabilities (EOY)
- $185
- Net assets (EOY)
- $9,838,625
- Net assets (BOY)
- $7,487,182
Income & contributions
- Employer contributions
- $470,480
- Participant contributions
- $794,304
- Total contributions
- $1,264,784
- Total income / additions
- $2,820,499
Expenses & distributions
- Benefits paid
- $422,891
- Administrative expenses
- $45,904
- Total expenses
- $469,056
- Net increase / (decrease)
- $2,351,443
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
37%63%
Employer 37%Participant 63%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Sterling Investment Counsel LLC | FINANCIAL ADV ADVISOR | $31,724 | $0 | 2023 |
| Capital Research And Management Co | RECORDKEEPER | $10,280 | $0 | 2023 |
| Rimkus, Marciano & Associates, Inc. | THIRD PARTY ADMINISTRATOR | $3,900 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wellsville Carpet Town, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NY
- 401(k) and benefit plan filings in Westons Mills, NY
- Sterling Investment Counsel LLC — Schedule C compensation
- Capital Research And Management Co — Schedule C compensation
- Rimkus, Marciano & Associates, Inc. — Schedule C compensation