2023 Form 5500 filing — Watlow Group 401(K) Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240903110622NAL0018851873001) for Watlow Group 401(K) Plan, reported by Watlow Electric Manufacturing Company under EIN 43-0574450 and plan number 003. It reports 2,350 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240903110622NAL0018851873001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Watlow Electric Manufacturing Company
- EIN
- 43-0574450
- Plan number
- 003
- Location
- St. Louis, MO
- Participants
- 2,350
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $277,264,196
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $277,264,196
- Employer contributions
- $10,001,646
- Participant contributions
- $9,201,588
- Total income / additions
- $62,800,604
- Benefits paid
- $47,795,944
- Administrative expenses
- $350,006
- Total expenses
- $48,145,950
- Net increase / (decrease)
- $14,654,654
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company O | RECORDKEEPER | $172,178 | $0 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $91,802 | not reported in the loaded dataset |
| Gallagher Benefit Services Inc Dba | CONSULTING | $66,000 | not reported in the loaded dataset |
| Mcgladrey Llp | AUDITOR | $20,026 | not reported in the loaded dataset |