Other
2023 plan-year Other DOL Form 5500

WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

WIRE EXPERTS GROUP, INC

This Other plan holds $15M in total assets and serves 141 participants as of 2023. It is sponsored by WIRE EXPERTS GROUP, INC in Florida. The plan reported a net loss of $8M for the year.

Total Assets (2023)
$15M
Participants
141
State
Industry
Manufacturing

What the Filing Says About WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN

WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other retirement plan sponsored by WIRE EXPERTS GROUP, INC, headquartered in Florida. As of the 2023 Form 5500 filing, the plan reports $15M in total end-of-year assets and covers 141 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 362912867, and the plan has been effective since 2008-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $23M at the beginning of 2023 to $15M at year-end — a decline of 34.4%. Net assets (after liabilities) closed the year at $15M, with reported net income of $-7,970,265 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 2 prior plan-year filings 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)$23M
Total Assets (End of Year)$15M
Net Assets (End of Year)$15M
Net Income$-7,970,265
Plan TypeOther
Employer EIN362912867
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WIRE EXPERTS GROUP, INC)

Year Plans Participants Total Assets
2022 2 228 $25M
2023 2 278 $18M
2024 2 259 $17M

Nearby Other Plans in Florida

Peer Other plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
As of the 2023 Form 5500 filing, WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN holds $15M in total assets with 141 participants. It is sponsored by WIRE EXPERTS GROUP, INC.
What type of plan is WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN is a Other plan. It has been effective since 2008-01-01. The plan is filed with the U.S. Department of Labor under EIN 362912867.
Who sponsors the WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN is sponsored by WIRE EXPERTS GROUP, INC, located in Florida. The sponsor's EIN is 362912867 and the plan operates in the Manufacturing industry.
How did WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN perform in 2023?
WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN declined by 34.4% during 2023, moving from $23M to $15M in total assets. Net income was $-7,970,265.
Where can I find official filings for WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN?
Official Form 5500 filings for WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362912867 or plan name at efast.dol.gov.
How does WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN compare to other plans?
You can compare WIRE EXPERTS GROUP, INC. EMPLOYEE STOCK OWNERSHIP PLAN against other Other plans on the plan type page, or view plans in Florida on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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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 362912867.

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.

Data sourced from official public datasets. See our methodology for details.