Fast Water Heater Company 401(K) Plan — Form 5500 plan (Fast Water Heater Company)
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, Fast Water Heater Company 401(K) Plan is a benefit plan reported by Fast Water Heater Company under EIN 20-3923629 and plan number 001. The latest loaded filing year is 2023. The filing reports 209 participants and $2,586,250 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Fast Water Heater Company
- EIN
- 20-3923629
- Plan number
- 001
- Plan type
- 2
- Location
- Woodinville, WA
- Latest filing year
- 2023
- Participants
- 209
- End-of-year plan assets
- $2,586,250
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 209 | H, C | 20241014213903NAL0046014816001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,586,250
- Net assets (EOY)
- $2,586,250
- Net assets (BOY)
- $1,737,460
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $601,611
- Total contributions
- $699,020
- Total income / additions
- $1,062,817
Expenses & distributions
- Benefits paid
- $213,652
- Administrative expenses
- $375
- Total expenses
- $214,027
- Net increase / (decrease)
- $848,790
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Hohimer Wealth Management LLC | INVESTMENT ADVISOR | $375 | $0 | 2023 |
| Empower Annuity Insurance | RECORDKEEPER | $0 | $0 | 2023 |
| Hunnex And Shoemaker | CONTRACT ADMIN | $0 | $0 | 2023 |