Who sponsors the Welter Forest Products 401(K) Plan?

Welter Forest Products 401(K) Plan is reported as sponsored by Welter Forest Products, Inc (EIN 45-4938177, plan number 001) in public Form 5500 filings.

What is the most recent Form 5500 filing year for Welter Forest Products 401(K) Plan?

The latest Form 5500 filing year loaded for Welter Forest Products 401(K) Plan is 2023.

How many participants does Welter Forest Products 401(K) Plan report?

Welter Forest Products 401(K) Plan reports 217 participants in its latest loaded Form 5500 filing.

What are the reported plan assets for Welter Forest Products 401(K) Plan?

Welter Forest Products 401(K) Plan reports $5,767,835 in end-of-year plan assets in its latest loaded Form 5500 filing.

Welter Forest Products 401(K) Plan — Form 5500 plan (Welter Forest Products, 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, Welter Forest Products 401(K) Plan is a benefit plan reported by Welter Forest Products, Inc under EIN 45-4938177 and plan number 001. The latest loaded filing year is 2023. The filing reports 217 participants and $5,767,835 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$5.8MPlan net assets, end of year$5,767,835

Participants217Covered participants reported

Assets / participant$26.6KComputed: assets ÷ participants$26,580 (computed)

Provider compensation$5.8K1 Schedule C provider row(s)$5,782

Plan sponsor: Welter Forest Products, Inc
EIN: 45-4938177
Plan number: 001
Plan type: 2
Location: New London, WI
Latest filing year: 2023

Form 5500 filing history

Filings loaded for this plan
Filing year	Participants	Schedules	Filing
2023	217	H, C	20241011134224NAL0012551091001

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)$5.8M total assets

Net assets$5.8MLiabilities$0

Money in vs. money out

Total income / additions$1.6M

Total expenses$670K

Benefits paid / distributions$664.1K

Contributions

Employer$171.9K

Participant$515.4K

Full reported line items

Net assets

Total assets (EOY): $5,767,835
Total liabilities (EOY): $0
Net assets (EOY): $5,767,835
Net assets (BOY): $4,839,406

Income & contributions

Employer contributions: $171,867
Participant contributions: $515,443
Total contributions: $687,310
Total income / additions: $1,598,386

Expenses & distributions

Benefits paid: $664,112
Administrative expenses: $5,782
Total expenses: $669,957
Net increase / (decrease): $928,429

Service provider compensation (Schedule C)

Reported service provider compensation
Provider	Service	Direct comp.	Indirect comp.	Year
Minnesota Life Insurance Company	NONE	$5,782	$0	2023