Plan5500

Wayne'S Electric 401(K) Plan — Form 5500 plan (Wayne'S Electric)

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, Wayne'S Electric 401(K) Plan is a benefit plan reported by Wayne'S Electric under EIN 84-0743376 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $3,695,564 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.7MPlan net assets, end of year$3,695,564
Participants144Covered participants reported
Assets / participant$25.7KComputed: assets ÷ participants$25,664 (computed)
Provider compensation$26.7K4 Schedule C provider row(s)$26,679
Plan sponsor
Wayne'S Electric
EIN
84-0743376
Plan number
001
Plan type
2
Location
Fort Lupton, CO
Latest filing year
2023
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    144 participants · 2Sch HSch C
    View filing →
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)$3.7M total assets
Net assets$3.7MLiabilities$0
Money in vs. money out
Total income / additions$908.7K
Total expenses$533.9K
Benefits paid / distributions$520.3K
Contributions
Employer$0
Participant$276.9K
Full reported line items

Net assets

Total assets (EOY)
$3,695,564
Total liabilities (EOY)
$0
Net assets (EOY)
$3,695,564
Net assets (BOY)
$3,320,730

Income & contributions

Employer contributions
$0
Participant contributions
$276,894
Total contributions
$298,930
Total income / additions
$908,723

Expenses & distributions

Benefits paid
$520,333
Administrative expenses
$13,556
Total expenses
$533,889
Net increase / (decrease)
$374,834
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 0%Participant 100%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income57%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Gck Accounting LLC$14K
    ACCOUNTANT/AUDITOR · Direct $9K · Indirect $5K
  2. 2
    Sagepoint Financial Inc$5.3K
    ADVISOR · Direct $0 · Indirect $5.3K
  3. 3
    Fidelity Investments Institutional$4.6K
    RECORDKEEPER · Direct $4.6K · Indirect $0
  4. 4
    Osaic Wealth Inc$2.8K
    ADVISOR · Direct $0 · Indirect $2.8K

Related Form 5500 pages