2023 Form 5500 filing — Westmoreland Electric Services 401(K) Profit Sharing 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 20241003092127NAL0016744336001) for Westmoreland Electric Services 401(K) Profit Sharing Plan, reported by Westmoreland Electric Services, LLC under EIN 47-2638135 and plan number 003. It reports 174 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241003092127NAL0016744336001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Westmoreland Electric Services, LLC
- EIN
- 47-2638135
- Plan number
- 003
- Location
- Tarrs, PA
- Participants
- 174
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $17,502,725
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $17,502,725
- Employer contributions
- $920,195
- Participant contributions
- $397,341
- Total income / additions
- $3,936,599
- Benefits paid
- $617,065
- Administrative expenses
- $105,635
- Total expenses
- $722,700
- Net increase / (decrease)
- $3,213,899
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Lincoln National Corporation | SERVICE PROVIDER | $103,835 | $0 |
| M2b Retirement Consulting | TPA | $9,475 | $0 |