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, Wells Enterprises, Inc. 401(K) Plan is a benefit plan reported by Wells Enterprises, Inc. under EIN 42-1080796 and plan number 002. The latest loaded filing year is 2023. The filing reports 5,212 participants and $396,184,239 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $396,184,239
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $396,184,239
- Net assets (BOY)
- $337,421,938
Income & contributions
- Employer contributions
- $13,573,094
- Participant contributions
- $20,102,214
- Total contributions
- $36,094,445
- Total income / additions
- $93,264,410
Expenses & distributions
- Benefits paid
- $34,063,446
- Administrative expenses
- $435,432
- Total expenses
- $34,502,109
- Net increase / (decrease)
- $58,762,301