The Will-Burt Company Profit Sharing & 401(K) Plan — Form 5500 plan (The Will-Burt Company)
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, The Will-Burt Company Profit Sharing & 401(K) Plan is a benefit plan reported by The Will-Burt Company under EIN 34-0620280 and plan number 004. The latest loaded filing year is 2023. The filing reports 377 participants and $17,978,450 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Will-Burt Company
- EIN
- 34-0620280
- Plan number
- 004
- Plan type
- 2
- Location
- Orrville, OH
- Latest filing year
- 2023
- Participants
- 377
- End-of-year plan assets
- $17,978,450
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 377 | H, C | 20241011142020NAL0011014979001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $17,978,450
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,978,450
- Net assets (BOY)
- $17,333,109
Income & contributions
- Employer contributions
- $150,190
- Participant contributions
- $1,244,207
- Total contributions
- $1,423,749
- Total income / additions
- $4,130,817
Expenses & distributions
- Benefits paid
- $3,404,036
- Administrative expenses
- $81,440
- Total expenses
- $3,485,476
- Net increase / (decrease)
- $645,341
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Stancorp Financial Group | NONE | $43,809 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners, LLC | NONE | $37,628 | not reported in the loaded dataset | 2023 |