Central Welding Supply, Inc. Profit Sharing Plan — Form 5500 plan (Central Welding Supply, 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, Central Welding Supply, Inc. Profit Sharing Plan is a benefit plan reported by Central Welding Supply, Inc. under EIN 91-0939329 and plan number 002. The latest loaded filing year is 2023. The filing reports 463 participants and $23,255,796 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Central Welding Supply, Inc.
EIN
91-0939329
Plan number
002
Plan type
2
Location
North Lakewood, WA
Latest filing year
2023
Participants
463
End-of-year plan assets
$23,255,796

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023463H, C20250613140007NAL0050397442001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$23,255,796
Total liabilities (EOY)
$394
Net assets (EOY)
$23,255,402
Net assets (BOY)
$19,025,458

Income & contributions

Employer contributions
$475,000
Participant contributions
$1,032,309
Total contributions
$1,589,370
Total income / additions
$4,917,550

Expenses & distributions

Benefits paid
$635,946
Administrative expenses
$51,660
Total expenses
$687,606
Net increase / (decrease)
$4,229,944

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Usi Advisors, Inc.NONE$27,500$02023
Usi Consulting GroupNONE$24,160$02023
Charles Schwab BankNONE$0$10,7502023
Charles Schwab & Co.NONE$0$02023

Related Form 5500 pages