Wayne'S Electric 401(K) Plan — Form 5500 plan (Wayne'S Electric)
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, Wayne'S Electric 401(K) Plan is a benefit plan reported by Wayne'S Electric under EIN 84-0743376 and plan number 001. The latest loaded filing year is 2023. The filing reports 144 participants and $3,695,564 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$3.7MPlan net assets, end of year$3,695,564
Participants144Covered participants reported
Assets / participant$25.7KComputed: assets ÷ participants$25,664 (computed)
Provider compensation$26.7K4 Schedule C provider row(s)$26,679
- Plan sponsor
- Wayne'S Electric
- EIN
- 84-0743376
- Plan number
- 001
- Plan type
- 2
- Location
- Fort Lupton, CO
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 144 | H, C | 20250113163244NAL0030474352001 |
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)$3.7M total assets
Net assets$3.7MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $3,695,564
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $3,695,564
- Net assets (BOY)
- $3,320,730
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $276,894
- Total contributions
- $298,930
- Total income / additions
- $908,723
Expenses & distributions
- Benefits paid
- $520,333
- Administrative expenses
- $13,556
- Total expenses
- $533,889
- Net increase / (decrease)
- $374,834
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.
100%
Employer 0%Participant 100%
Total expenses ÷ net assets14%Computed ratio
Benefits paid ÷ total income57%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Gck Accounting LLC | ACCOUNTANT/AUDITOR | $9,000 | $5,000 | 2023 |
| Sagepoint Financial Inc | ADVISOR | $0 | $5,345 | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $4,556 | $0 | 2023 |
| Osaic Wealth Inc | ADVISOR | $0 | $2,778 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Wayne'S Electric
- 2023 Form 5500 filing
- Form 5500 filings in CO
- 401(k) and benefit plan filings in Fort Lupton, CO
- Gck Accounting LLC — Schedule C compensation
- Sagepoint Financial Inc — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Osaic Wealth Inc — Schedule C compensation