Consolidated 401(K) And Profit Sharing Plan — Form 5500 plan (West Central Steel, 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, Consolidated 401(K) And Profit Sharing Plan is a benefit plan reported by West Central Steel, Inc under EIN 41-0845463 and plan number 001. The latest loaded filing year is 2023. The filing reports 164 participants and $18,445,404 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
West Central Steel, Inc
EIN
41-0845463
Plan number
001
Plan type
2
Location
Willmar, MN
Latest filing year
2023
Participants
164
End-of-year plan assets
$18,445,404

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023164H, C20241009154044NAL0010796531001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$18,445,404
Total liabilities (EOY)
$0
Net assets (EOY)
$18,445,404
Net assets (BOY)
$16,909,655

Income & contributions

Employer contributions
$765,984
Participant contributions
$676,927
Total contributions
$1,462,625
Total income / additions
$4,094,840

Expenses & distributions

Benefits paid
$2,528,347
Administrative expenses
$19,819
Total expenses
$2,559,091
Net increase / (decrease)
$1,535,749

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$17,363not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$2,456$02023

Related Form 5500 pages