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, Webster Savings Plan is a benefit plan reported by Webster Industries, Inc. under EIN 34-1059179 and plan number 003. The latest loaded filing year is 2023. The filing reports 316 participants and $80,302,403 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $80,302,403
- Total liabilities (EOY)
- $9,472,459
- Net assets (EOY)
- $70,829,944
- Net assets (BOY)
- $54,424,682
Income & contributions
- Employer contributions
- $3,382,036
- Participant contributions
- $866,257
- Total contributions
- $4,615,988
- Total income / additions
- $19,050,672
Expenses & distributions
- Benefits paid
- $2,420,583
- Administrative expenses
- $47,839
- Total expenses
- $2,645,410
- Net increase / (decrease)
- $16,405,262