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, Southwestern Wire, Inc. 401(K) Profit Sharing Retirement Plan is a benefit plan reported by Southwestern Wire, Inc. under EIN 73-1398722 and plan number 001. The latest loaded filing year is 2023. The filing reports 251 participants and $8,307,638 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,307,638
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,307,638
- Net assets (BOY)
- $7,346,547
Income & contributions
- Employer contributions
- $139,614
- Participant contributions
- $642,008
- Total contributions
- $781,622
- Total income / additions
- $1,866,695
Expenses & distributions
- Benefits paid
- $862,843
- Administrative expenses
- $21,131
- Total expenses
- $905,604
- Net increase / (decrease)
- $961,091