Southcoast Welding 401(K) Profit Sharing Plan — Form 5500 plan (Southcoast Welding & Manufacturi)
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, Southcoast Welding 401(K) Profit Sharing Plan is a benefit plan reported by Southcoast Welding & Manufacturi under EIN 45-4660667 and plan number 001. The latest loaded filing year is 2023. The filing reports 539 participants and $3,554,788 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Southcoast Welding & Manufacturi
- EIN
- 45-4660667
- Plan number
- 001
- Plan type
- 2
- Location
- Chula Vista, CA
- Latest filing year
- 2023
- Participants
- 539
- End-of-year plan assets
- $3,554,788
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 539 | H, C | 20241015203355NAL0015378915001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $3,554,788
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,554,788
- Net assets (BOY)
- $2,958,119
Income & contributions
- Participant contributions
- $678,237
- Total contributions
- $678,237
- Total income / additions
- $1,130,239
Expenses & distributions
- Benefits paid
- $518,536
- Administrative expenses
- $6,898
- Total expenses
- $533,570
- Net increase / (decrease)
- $596,669
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Adp, Inc. | RECORD KEEPER | $6,898 | $0 | 2023 |
| Adp Broker-Dealer | RECORD KEEPER | $0 | $0 | 2023 |