Emc/Woodfin 401(K) Plan — Form 5500 plan (Woodfin Heating, Inc.)

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, Emc/Woodfin 401(K) Plan is a benefit plan reported by Woodfin Heating, Inc. under EIN 54-1061638 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,327 participants and $39,005,290 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$39MPlan net assets, end of year$39,005,290
Participants1.3KCovered participants reported1,327
Assets / participant$29.4KComputed: assets ÷ participants$29,394 (computed)
Provider compensation$60.6K2 Schedule C provider row(s)$60,581
Plan sponsor
Woodfin Heating, Inc.
EIN
54-1061638
Plan number
002
Plan type
2
Location
Richmond, VA
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,327H, C20241010150751NAL0010170067001
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)$39M total assets
Net assets$39MLiabilities$0
Money in vs. money out
Total income / additions$9.1M
Total expenses$4.1M
Benefits paid / distributions$4M
Contributions
Employer$468.4K
Participant$2.5M
Full reported line items

Net assets

Total assets (EOY)
$39,005,290
Total liabilities (EOY)
$0
Net assets (EOY)
$39,005,290
Net assets (BOY)
$34,044,549

Income & contributions

Employer contributions
$468,394
Participant contributions
$2,509,247
Total contributions
$3,085,139
Total income / additions
$9,071,137

Expenses & distributions

Benefits paid
$4,018,889
Administrative expenses
$53,538
Total expenses
$4,110,396
Net increase / (decrease)
$4,960,741
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 16%Participant 84%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income44%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Insurance Company ORECORDKEEPER$53,581$02023
Onedigital Investment Advisors LLCINVESTMENT ADVISOR$7,000not reported in the loaded dataset2023

Related Form 5500 pages