Wedco, Inc. Employee Benefit Plan (501) — Form 5500 plan (Wedco, 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, Wedco, Inc. Employee Benefit Plan (501) is a benefit plan reported by Wedco, Inc. under EIN 88-0059057 and plan number 501. The latest loaded filing year is 2023. The filing reports 58 participants and $112,669 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$37.1KPlan net assets, end of year$37,087
Participants58Covered participants reported
Assets / participant$1.9KComputed: assets ÷ participants$1,943 (computed)
Provider compensation$45.6K4 Schedule C provider row(s)$45,580
Plan sponsor
Wedco, Inc.
EIN
88-0059057
Plan number
501
Plan type
2
Location
Reno, NV
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202358I, C20240607151330NAL0050607058001
Schedule I · 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)$112.7K total assets
Net assets$37.1KLiabilities$75.6K
Money in vs. money out
Total income / additions$669.7K
Total expenses$583.3K
Benefits paid / distributions$291.3K
Contributions
Employer$667.7K
Participant$135
Full reported line items

Net assets

Total assets (EOY)
$112,669
Total liabilities (EOY)
$75,582
Net assets (EOY)
$37,087
Net assets (BOY)
-$49,360

Income & contributions

Employer contributions
$667,693
Participant contributions
$135
Total income / additions
$669,710

Expenses & distributions

Benefits paid
$291,303
Administrative expenses
$7,649
Total expenses
$583,263
Net increase / (decrease)
$86,447
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 100%Participant 0%
Total expenses ÷ net assets1573%Computed ratio
Benefits paid ÷ total income43%Computed ratio
Provider comp. ÷ net assets123%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Dillon HealthBROKER$22,190not reported in the loaded dataset2023
The Benecon Group LLCBROKER$12,277not reported in the loaded dataset2023
Meritain Health, An Aetna CompanyADMIN$7,649not reported in the loaded dataset2023
Connectcare3 LLCPATIENT ADVOCATE$3,464not reported in the loaded dataset2023

Related Form 5500 pages