The Westervelt Company Savings And Investment Plan — Form 5500 plan (The Westervelt Company)
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, The Westervelt Company Savings And Investment Plan is a benefit plan reported by The Westervelt Company under EIN 63-1158654 and plan number 001. The latest loaded filing year is 2023. The filing reports 907 participants and $125,002,988 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Westervelt Company
- EIN
- 63-1158654
- Plan number
- 001
- Plan type
- 2
- Location
- Tuscaloosa, AL
- Latest filing year
- 2023
- Participants
- 907
- End-of-year plan assets
- $125,002,988
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 907 | H, C | 20240919160422NAL0008599232001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $125,002,988
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $125,002,988
- Net assets (BOY)
- $108,063,874
Income & contributions
- Employer contributions
- $3,301,712
- Participant contributions
- $4,769,668
- Total contributions
- $8,214,182
- Total income / additions
- $25,623,046
Expenses & distributions
- Benefits paid
- $8,565,729
- Administrative expenses
- $118,203
- Total expenses
- $8,683,932
- Net increase / (decrease)
- $16,939,114
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $123,343 | $0 | 2023 |