401(k)
2023 plan-year 401(k) DOL Form 5500

WADMAN CORPORATION 401(K) PROFIT SHARING PLAN

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

WADMAN CORPORATION

This 401(k) plan holds $10M in total assets and serves 196 participants as of 2023. It is sponsored by WADMAN CORPORATION in Utah. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$10M
Participants
196
State
Industry
Construction

What the Filing Says About WADMAN CORPORATION 401(K) PROFIT SHARING PLAN

WADMAN CORPORATION 401(K) PROFIT SHARING PLAN is a 401(k) retirement plan sponsored by WADMAN CORPORATION, headquartered in Utah. As of the 2023 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 196 participants across the Construction industry. The sponsor's EIN on file with the U.S. Department of Labor is 870391113, and the plan has been effective since 1995-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $9M at the beginning of 2023 to $10M at year-end — a gain of 17.1%. Net assets (after liabilities) closed the year at $10M, with reported net income of $1M 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)$9M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$1M
Plan Type401(k)
Employer EIN870391113
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WADMAN CORPORATION)

Year Plans Participants Total Assets
2022 1 180 $9M
2023 1 196 $10M
2024 1 197 $11M

Nearby 401(k) Plans in Utah

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the WADMAN CORPORATION 401(K) PROFIT SHARING PLAN?
As of the 2023 Form 5500 filing, WADMAN CORPORATION 401(K) PROFIT SHARING PLAN holds $10M in total assets with 196 participants. It is sponsored by WADMAN CORPORATION.
What type of plan is WADMAN CORPORATION 401(K) PROFIT SHARING PLAN?
WADMAN CORPORATION 401(K) PROFIT SHARING PLAN is a 401(k) plan. It has been effective since 1995-01-01. The plan is filed with the U.S. Department of Labor under EIN 870391113.
Who sponsors the WADMAN CORPORATION 401(K) PROFIT SHARING PLAN?
WADMAN CORPORATION 401(K) PROFIT SHARING PLAN is sponsored by WADMAN CORPORATION, located in Utah. The sponsor's EIN is 870391113 and the plan operates in the Construction industry.
How did WADMAN CORPORATION 401(K) PROFIT SHARING PLAN perform in 2023?
WADMAN CORPORATION 401(K) PROFIT SHARING PLAN grew by 17.1% during 2023, moving from $9M to $10M in total assets. Net income was $1M.
Where can I find official filings for WADMAN CORPORATION 401(K) PROFIT SHARING PLAN?
Official Form 5500 filings for WADMAN CORPORATION 401(K) PROFIT SHARING PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 870391113 or plan name at efast.dol.gov.
How does WADMAN CORPORATION 401(K) PROFIT SHARING PLAN compare to other plans?
You can compare WADMAN CORPORATION 401(K) PROFIT SHARING PLAN against other 401(k) plans on the plan type page, or view plans in Utah on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 870391113.

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.