Wgi, Inc. 401(K) Plan — Form 5500 plan (Wgi, 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, Wgi, Inc. 401(K) Plan is a benefit plan reported by Wgi, Inc. under EIN 65-0271367 and plan number 002. The latest loaded filing year is 2023. The filing reports 795 participants and $50,763,866 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$50.8MPlan net assets, end of year$50,763,866
Participants795Covered participants reported
Assets / participant$63.9KComputed: assets ÷ participants$63,854 (computed)
Provider compensation$190.1K3 Schedule C provider row(s)$190,148
Plan sponsor
Wgi, Inc.
EIN
65-0271367
Plan number
002
Plan type
2
Location
West Palm Beach, FL
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023795H, C20240917102426NAL0002753073001
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)$50.8M total assets
Net assets$50.8MLiabilities$0
Money in vs. money out
Total income / additions$15.6M
Total expenses$3.5M
Benefits paid / distributions$3.2M
Contributions
Employer$1.1M
Participant$4M
Full reported line items

Net assets

Total assets (EOY)
$50,763,866
Total liabilities (EOY)
$0
Net assets (EOY)
$50,763,866
Net assets (BOY)
$38,599,488

Income & contributions

Employer contributions
$1,084,843
Participant contributions
$4,025,143
Total contributions
$8,193,666
Total income / additions
$15,624,156

Expenses & distributions

Benefits paid
$3,229,322
Administrative expenses
$230,456
Total expenses
$3,459,778
Net increase / (decrease)
$12,164,378
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 21%Participant 79%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Merrill Lynch Fas & Eps (Ria)RIA$113,426$02023
R .J. L. Pension Services, Inc.THIRD PARTY ADMINISTRATOR$35,360$39,7262023
John Hancock Life Insurance Co. UsaRECORDKEEPER$1,636$02023

Related Form 5500 pages