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, Wellborn Cabinet, Inc. 401(K) Profit Sharing Plan is a benefit plan reported by Wellborn Cabinet Inc. under EIN 63-0622867 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,494 participants and $26,541,628 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $26,541,628
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $26,541,628
- Net assets (BOY)
- $22,488,546
Income & contributions
- Employer contributions
- $328,778
- Participant contributions
- $1,719,034
- Total contributions
- $2,064,260
- Total income / additions
- $5,566,424
Expenses & distributions
- Benefits paid
- $1,352,198
- Administrative expenses
- $31,594
- Total expenses
- $1,513,342
- Net increase / (decrease)
- $4,053,082