Welty Building Company Ltd. 401(K) Profit Sharing Plan — Form 5500 plan (Welty Building Company Ltd.)
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, Welty Building Company Ltd. 401(K) Profit Sharing Plan is a benefit plan reported by Welty Building Company Ltd. under EIN 34-1843705 and plan number 001. The latest loaded filing year is 2023. The filing reports 198 participants and $8,807,637 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Welty Building Company Ltd.
- EIN
- 34-1843705
- Plan number
- 001
- Plan type
- 2
- Location
- Fairlawn, OH
- Latest filing year
- 2023
- Participants
- 198
- End-of-year plan assets
- $8,807,637
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 198 | H, C | 20241015144432NAL0014872579001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $8,807,637
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,807,637
- Net assets (BOY)
- $6,671,985
Income & contributions
- Employer contributions
- $240,148
- Participant contributions
- $991,490
- Total contributions
- $1,783,939
- Total income / additions
- $3,039,898
Expenses & distributions
- Benefits paid
- $860,711
- Administrative expenses
- $44,492
- Total expenses
- $904,246
- Net increase / (decrease)
- $2,135,652
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $26,434 | $0 | 2023 |
| Cbiz Investment Advisory Services | ADVISOR | $18,058 | not reported in the loaded dataset | 2023 |