Plan5500

Wholesale Electric Caribe, Inc. Retirement Plan — Form 5500 plan (Wholesale Electric Caribe, 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, Wholesale Electric Caribe, Inc. Retirement Plan is a benefit plan reported by Wholesale Electric Caribe, Inc. under EIN 66-0571416 and plan number 001. The latest loaded filing year is 2023. The filing reports 47 participants and $2,134,312 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Wholesale Electric Caribe, Inc.
EIN
66-0571416
Plan number
001
Plan type
2
Location
Barceloneta, PR
Latest filing year
2023
Participants
47
End-of-year plan assets
$2,134,312

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202347I, C20240723145050NAL0011489841001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$2,134,312
Net assets (EOY)
$2,134,312
Net assets (BOY)
$1,764,147

Income & contributions

Employer contributions
$3,860
Participant contributions
$64,134
Total income / additions
$402,055

Expenses & distributions

Benefits paid
$15,589
Administrative expenses
$16,301
Total expenses
$31,890
Net increase / (decrease)
$370,165

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower A.I.C.ARECORDKEEPER$16,399$02023
Kovack Securities IncBROKER/ADVISOR$0$6,9832023

Related Form 5500 pages