Wind Turbine And Energy Cables 401(K) Plan — Form 5500 plan (Wind Turbine And Energy Cables Corp.)

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, Wind Turbine And Energy Cables 401(K) Plan is a benefit plan reported by Wind Turbine And Energy Cables Corp. under EIN 46-0479322 and plan number 001. The latest loaded filing year is 2023. The filing reports 340 participants and $8,490,774 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$8.5MPlan net assets, end of year$8,490,774
Participants340Covered participants reported
Assets / participant$25KComputed: assets ÷ participants$24,973 (computed)
Provider compensation$70.2K3 Schedule C provider row(s)$70,218
Plan sponsor
Wind Turbine And Energy Cables Corp.
EIN
46-0479322
Plan number
001
Plan type
2
Location
Hasbrouck Heights, NJ
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023340H, C20241015143850NAL0014863603001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$8.5M total assets
Net assets$8.5MLiabilities$0
Money in vs. money out
Total income / additions$2.2M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$422.1K
Participant$814.3K
Full reported line items

Net assets

Total assets (EOY)
$8,490,774
Total liabilities (EOY)
$0
Net assets (EOY)
$8,490,774
Net assets (BOY)
$8,053,308

Income & contributions

Employer contributions
$422,090
Participant contributions
$814,315
Total contributions
$1,236,405
Total income / additions
$2,205,196

Expenses & distributions

Benefits paid
$1,696,378
Administrative expenses
$70,218
Total expenses
$1,767,730
Net increase / (decrease)
$437,466

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Mma Securities LLCINVESTMENT ADVISOR$31,210not reported in the loaded dataset2023
Empower Annuity Insurance Company ORECORDKEEPER$20,632$02023
Empower Advisory Group, LLCINVESTMENT MGMT$18,376not reported in the loaded dataset2023

Related Form 5500 pages