2023 Form 5500 filing — Wallace Distribution Company 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 20241008094607NAL0029495120001) for Wallace Distribution Company Profit Sharing Plan, reported by Wallace Hardware Company, Inc. under EIN 62-0408190 and plan number 001. It reports 197 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241008094607NAL0029495120001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Wallace Hardware Company, Inc.
- EIN
- 62-0408190
- Plan number
- 001
- Location
- Morristown, TN
- Participants
- 197
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $8,451,569
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,451,569
- Employer contributions
- $303,317
- Participant contributions
- $339,881
- Total income / additions
- $1,615,518
- Benefits paid
- $904,090
- Administrative expenses
- $67,819
- Total expenses
- $971,909
- Net increase / (decrease)
- $643,609
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Meridian Trust & Investment Company | NONE | $56,894 | $0 |
| Epic Advisors, Inc. | NONE | $10,924 | not reported in the loaded dataset |