2023 Form 5500 filing — Walters Wholesale Electric Co. Employees' 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 20250115212015NAL0022352209001) for Walters Wholesale Electric Co. Employees' Profit Sharing Plan, reported by Walters Wholesale Electric Co. under EIN 95-2091661 and plan number 001. It reports 512 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250115212015NAL0022352209001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Walters Wholesale Electric Co.
- EIN
- 95-2091661
- Plan number
- 001
- Location
- Signal Hill, CA
- Participants
- 512
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $25,835,606
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $25,835,606
- Employer contributions
- $1,100,000
- Total income / additions
- $4,505,661
- Benefits paid
- $1,567,814
- Administrative expenses
- $52,028
- Total expenses
- $1,619,842
- Net increase / (decrease)
- $2,885,819
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $52,076 | $0 |
| Withumsmith Brown, Pc | ACCOUNTANT | $0 | $11,440 |
| The Paragon Alliance Group LLC | OTHER SERVICES | $0 | $11,137 |
| Fiducient Advisors | INVESTMENT MANAGEMENT | $0 | $5,531 |