Wectec 401(k) Savings Plan
ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.
Sponsored by Stone & Webster LLC · Pennsylvania · Professional & Technical Services
What the 2023 filing shows
Wectec 401(k) Savings Plan holds N/A for 331 participants.
- N/A
- total plan assets (2023 EOY)
- 331
- covered participants
- $-1,101,927
- reported net income
The plan reported a net loss of $1M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.
What the Filing Says About Wectec 401(k) Savings Plan
Wectec 401(k) Savings Plan is a 401(k) retirement plan sponsored by Stone & Webster LLC, headquartered in Pennsylvania. As of the 2023 Form 5500 filing, the plan reports N/A in total end-of-year assets and covers 331 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 721478572, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.
Year over year, total assets moved from $68M at the beginning of 2023 to N/A at year-end. Net assets (after liabilities) closed the year at N/A, with reported net income of $-1,101,927 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.
Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.
Financial Summary (2023)
| Total Assets (Beginning of Year) | $68M |
| Total Assets (End of Year) | N/A |
| Net Assets (End of Year) | N/A |
| Net Income | $-1,101,927 |
| Plan Type | 401(k) |
| Employer EIN | 721478572 |
| Plan Effective Date | 2016-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Stone & Webster LLC)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 370 | $68M |
| 2023 | 1 | 331 | N/A |
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Related Data
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Frequently Asked Questions
How much money is in the Wectec 401(k) Savings Plan? ▼
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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.
Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 721478572.
Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.
Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.
Read our methodology — how this data is sourced, computed, and verified.