Wireless Communications, Inc. Safe Harbor 401k Profit Sharing Plan — Form 5500 plan (Wireless Communications, 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, Wireless Communications, Inc. Safe Harbor 401k Profit Sharing Plan is a benefit plan reported by Wireless Communications, Inc. under EIN 81-0517862 and plan number 001. The latest loaded filing year is 2023. The filing reports 274 participants and $14,284,772 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$14.3MPlan net assets, end of year$14,284,772
Participants274Covered participants reported
Assets / participant$52.1KComputed: assets ÷ participants$52,134 (computed)
Provider compensation$33.6K3 Schedule C provider row(s)$33,624
Plan sponsor
Wireless Communications, Inc.
EIN
81-0517862
Plan number
001
Plan type
2
Location
Billings, MT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023274H, C20240819161848NAL0001771233001
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)$14.3M total assets
Net assets$14.3MLiabilities$0
Money in vs. money out
Total income / additions$4.2M
Total expenses$662.1K
Benefits paid / distributions$628.5K
Contributions
Employer$752.2K
Participant$636.8K
Full reported line items

Net assets

Total assets (EOY)
$14,284,772
Total liabilities (EOY)
$0
Net assets (EOY)
$14,284,772
Net assets (BOY)
$10,726,356

Income & contributions

Employer contributions
$752,221
Participant contributions
$636,830
Total contributions
$1,632,716
Total income / additions
$4,220,518

Expenses & distributions

Benefits paid
$628,478
Administrative expenses
$33,624
Total expenses
$662,102
Net increase / (decrease)
$3,558,416
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 54%Participant 46%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income15%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Edward JonesINVESTMENT ADVISOR$28,069not reported in the loaded dataset2023
Randall & Hurley, Inc.TPA$3,570not reported in the loaded dataset2023
Capital Group-American Funds SvcsRECORD- KEEPER,CUSTODIAN$1,985$02023

Related Form 5500 pages