Welcome Finance Company, Inc. Employees 401(K) Plan — Form 5500 plan (Welcome Finance Company, 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, Welcome Finance Company, Inc. Employees 401(K) Plan is a benefit plan reported by Welcome Finance Company, Inc. under EIN 56-0939475 and plan number 001. The latest loaded filing year is 2023. The filing reports 28 participants and $821,557 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Welcome Finance Company, Inc.
- EIN
- 56-0939475
- Plan number
- 001
- Plan type
- 2
- Location
- Mebane, NC
- Latest filing year
- 2023
- Participants
- 28
- End-of-year plan assets
- $821,557
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 28 | I | 20240603105201NAL0018087809001 |
Reported financial statement (2023 · Schedule I)
Net assets
- Total assets (EOY)
- $821,557
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $821,557
- Net assets (BOY)
- $689,189
Income & contributions
- Employer contributions
- $20,926
- Participant contributions
- $43,960
- Total income / additions
- $165,457
Expenses & distributions
- Benefits paid
- $31,674
- Administrative expenses
- $1,415
- Total expenses
- $33,089
- Net increase / (decrease)
- $132,368
Service provider compensation (Schedule C)
No Schedule C service provider compensation is loaded for this plan yet.