Weber Metals, Inc. Savings And Retirement Plan — Form 5500 plan (Weber Metals, 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, Weber Metals, Inc. Savings And Retirement Plan is a benefit plan reported by Weber Metals, Inc. under EIN 95-2222524 and plan number 001. The latest loaded filing year is 2023. The filing reports 432 participants and $29,323,471 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$29.3MPlan net assets, end of year$29,323,471
Participants432Covered participants reported
Assets / participant$67.9KComputed: assets ÷ participants$67,878 (computed)
Provider compensation$80.7K3 Schedule C provider row(s)$80,717
Plan sponsor
Weber Metals, Inc.
EIN
95-2222524
Plan number
001
Plan type
2
Location
Paramount, CA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023432H, C20241015095327NAL0047266768001
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)$29.3M total assets
Net assets$29.3MLiabilities$0
Money in vs. money out
Total income / additions$6.4M
Total expenses$2.3M
Benefits paid / distributions$2.3M
Contributions
Employer$351.5K
Participant$2M
Full reported line items

Net assets

Total assets (EOY)
$29,323,471
Total liabilities (EOY)
$0
Net assets (EOY)
$29,323,471
Net assets (BOY)
$25,279,094

Income & contributions

Employer contributions
$351,542
Participant contributions
$2,004,765
Total contributions
$2,808,641
Total income / additions
$6,392,495

Expenses & distributions

Benefits paid
$2,270,823
Administrative expenses
$75,140
Total expenses
$2,348,118
Net increase / (decrease)
$4,044,377
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 15%Participant 85%
Total expenses ÷ net assets8%Computed ratio
Benefits paid ÷ total income36%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$39,571$02023
Rbc Capital Markets LLCINVESTMENT ADVISOR$38,333not reported in the loaded dataset2023
Empower Advisory Group, LLCINVESTMENT MGMT$2,813not reported in the loaded dataset2023

Related Form 5500 pages