Weldmac Tax Favored Savings/ — Form 5500 plan (Weldmac Mfg. Co.)

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, Weldmac Tax Favored Savings/ is a benefit plan reported by Weldmac Mfg. Co. under EIN 95-2545989 and plan number 001. The latest loaded filing year is 2023. The filing reports 146 participants and $0 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Weldmac Mfg. Co.
EIN
95-2545989
Plan number
001
Plan type
2
Location
Pine Valley, CA
Latest filing year
2023
Participants
146
End-of-year plan assets
$0

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023146H, C20241015202614NAL0015371187001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$0
Total liabilities (EOY)
$0
Net assets (EOY)
$0
Net assets (BOY)
$14,755,847

Income & contributions

Employer contributions
$47,819
Participant contributions
$296,109
Total contributions
$343,928
Total income / additions
$1,279,155

Expenses & distributions

Benefits paid
$15,994,354
Administrative expenses
$40,526
Total expenses
$16,035,002
Net increase / (decrease)
-$14,755,847

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Adp, Inc.RECORD KEEPER$19,264$02023
Cornerstone Wealth Advisors, Inc.INVESTMENT/FINANCIAL ADVI$15,561$02023
Covell, Jani & Pasch LlpACCOUNTANT$5,700$02023
Adp Broker-DealerRECORD KEEPER$0$02023

Related Form 5500 pages