Wire Experts Group, Inc. 401(K) Plan — Form 5500 plan (Wire Experts Group, 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, Wire Experts Group, Inc. 401(K) Plan is a benefit plan reported by Wire Experts Group, Inc. under EIN 36-2912867 and plan number 002. The latest loaded filing year is 2023. The filing reports 189 participants and $2,481,068 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$2.5MPlan net assets, end of year$2,481,068
Participants189Covered participants reported
Assets / participant$13.1KComputed: assets ÷ participants$13,127 (computed)
Provider compensation$8.9K2 Schedule C provider row(s)$8,924
Plan sponsor
Wire Experts Group, Inc.
EIN
36-2912867
Plan number
002
Plan type
2
Location
Naples, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023189H, C20241021153630NAL0000897043001
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)$2.5M total assets
Net assets$2.5MLiabilities$0
Money in vs. money out
Total income / additions$659K
Total expenses$168.9K
Benefits paid / distributions$143.8K
Contributions
EmployerNot reported
Participant$281.6K
Full reported line items

Net assets

Total assets (EOY)
$2,481,068
Total liabilities (EOY)
$0
Net assets (EOY)
$2,481,068
Net assets (BOY)
$1,990,932

Income & contributions

Participant contributions
$281,581
Total contributions
$281,581
Total income / additions
$659,005

Expenses & distributions

Benefits paid
$143,755
Administrative expenses
$25,114
Total expenses
$168,869
Net increase / (decrease)
$490,136

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill LynchRIA$7,522not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$1,402$02023

Related Form 5500 pages