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 Brothers, Inc. / Panel Control, Inc. 401(K) Plan is a benefit plan reported by Wells Brothers, Inc. under EIN 31-1274234 and plan number 001. The latest loaded filing year is 2023. The filing reports 193 participants and $13,489,578 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,489,578
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,489,578
- Net assets (BOY)
- $11,045,673
Income & contributions
- Employer contributions
- $355,820
- Participant contributions
- $1,072,914
- Total contributions
- $1,461,330
- Total income / additions
- $3,441,471
Expenses & distributions
- Benefits paid
- $982,807
- Administrative expenses
- $13,655
- Total expenses
- $997,566
- Net increase / (decrease)
- $2,443,905