401k Plan data: WECTEC 401(K) SAVINGS PLAN plan

WECTEC 401(K) SAVINGS PLAN 401k Plan overview

Plan Name	WECTEC 401(K) SAVINGS PLAN
Plan identification number	020

WECTEC 401(K) SAVINGS PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Participant-directed brokerage accounts provided as an investment option under the plan.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WECTEC LLC has sponsored the creation of one or more 401k plans.

Company Name: WECTEC LLC

Employer identification number (EIN): 475576222

NAIC Classification: 551112
NAIC Description: Offices of Other Holding Companies

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WECTEC 401(K) SAVINGS PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
020 2019-01-01
020 2018-01-01
020 2017-01-01 GENE M. GILLOCK
020 2016-01-01 GENE M. GILLOCK

Plan Statistics for WECTEC 401(K) SAVINGS PLAN

401k plan membership statisitcs for WECTEC 401(K) SAVINGS PLAN

Measure Date Value
2019: WECTEC 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 1,303
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 443
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 440
Total of all active and inactive participants 2019-01-01 883
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 6
Total participants 2019-01-01 889
Number of participants with account balances 2019-01-01 852
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: WECTEC 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 1,585
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 497
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 799
Total of all active and inactive participants 2018-01-01 1,296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 7
Total participants 2018-01-01 1,303
Number of participants with account balances 2018-01-01 1,187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: WECTEC 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year 2017-01-01 2,553
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 638
Number of retired or separated participants receiving benefits 2017-01-01 0
Number of other retired or separated participants entitled to future benefits 2017-01-01 946
Total of all active and inactive participants 2017-01-01 1,584
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 1
Total participants 2017-01-01 1,585
Number of participants with account balances 2017-01-01 1,540
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2017-01-01 0
2016: WECTEC 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year 2016-01-01 5,321
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 1,472
Number of retired or separated participants receiving benefits 2016-01-01 0
Number of other retired or separated participants entitled to future benefits 2016-01-01 1,080
Total of all active and inactive participants 2016-01-01 2,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 1
Total participants 2016-01-01 2,553
Number of participants with account balances 2016-01-01 2,268
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0

Measure	Date	Value
2019: WECTEC 401(K) SAVINGS PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	1,303
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	443
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	440
Total of all active and inactive participants	2019-01-01	883
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	6
Total participants	2019-01-01	889
Number of participants with account balances	2019-01-01	852
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: WECTEC 401(K) SAVINGS PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	1,585
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	497
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	799
Total of all active and inactive participants	2018-01-01	1,296
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	7
Total participants	2018-01-01	1,303
Number of participants with account balances	2018-01-01	1,187
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: WECTEC 401(K) SAVINGS PLAN 2017 401k membership
Total participants, beginning-of-year	2017-01-01	2,553
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	638
Number of retired or separated participants receiving benefits	2017-01-01	0
Number of other retired or separated participants entitled to future benefits	2017-01-01	946
Total of all active and inactive participants	2017-01-01	1,584
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	1
Total participants	2017-01-01	1,585
Number of participants with account balances	2017-01-01	1,540
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2017-01-01	0
2016: WECTEC 401(K) SAVINGS PLAN 2016 401k membership
Total participants, beginning-of-year	2016-01-01	5,321
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	1,472
Number of retired or separated participants receiving benefits	2016-01-01	0
Number of other retired or separated participants entitled to future benefits	2016-01-01	1,080
Total of all active and inactive participants	2016-01-01	2,552
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	1
Total participants	2016-01-01	2,553
Number of participants with account balances	2016-01-01	2,268
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0

Financial Data on WECTEC 401(K) SAVINGS PLAN

Measure	Date	Value
2019 : WECTEC 401(K) SAVINGS PLAN 2019 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$1,968
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$1,968
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$2,454
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$2,454
Total income from all sources (including contributions)	2019-12-31	$20,869,372
Total income from all sources (including contributions)	2019-12-31	$20,869,372
Total of all expenses incurred	2019-12-31	$14,376,692
Total of all expenses incurred	2019-12-31	$14,376,692
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$14,280,223
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$14,280,223
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$9,142,608
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$9,142,608
Value of total assets at end of year	2019-12-31	$65,340,205
Value of total assets at end of year	2019-12-31	$65,340,205
Value of total assets at beginning of year	2019-12-31	$58,848,011
Value of total assets at beginning of year	2019-12-31	$58,848,011
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$96,469
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$96,469
Total interest from all sources	2019-12-31	$53,406
Total interest from all sources	2019-12-31	$53,406
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$3,008,963
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$3,008,963
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$3,008,963
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$3,008,963
Administrative expenses professional fees incurred	2019-12-31	$18,225
Administrative expenses professional fees incurred	2019-12-31	$18,225
Was this plan covered by a fidelity bond	2019-12-31	Yes
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$500,000
Value of fidelity bond cover	2019-12-31	$500,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$5,810,998
Contributions received from participants	2019-12-31	$5,810,998
Participant contributions at end of year	2019-12-31	$854,493
Participant contributions at end of year	2019-12-31	$854,493
Participant contributions at beginning of year	2019-12-31	$1,103,481
Participant contributions at beginning of year	2019-12-31	$1,103,481
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$1,122,788
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$1,122,788
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$1,968
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2019-12-31	$1,968
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$2,454
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2019-12-31	$2,454
Other income not declared elsewhere	2019-12-31	$66,243
Other income not declared elsewhere	2019-12-31	$66,243
Total non interest bearing cash at end of year	2019-12-31	$128,634
Total non interest bearing cash at end of year	2019-12-31	$128,634
Total non interest bearing cash at beginning of year	2019-12-31	$24,030
Total non interest bearing cash at beginning of year	2019-12-31	$24,030
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$6,492,680
Value of net income/loss	2019-12-31	$6,492,680
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$65,338,237
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$65,338,237
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$58,845,557
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$58,845,557
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$55,547,753
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$55,547,753
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$48,085,212
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$48,085,212
Interest on participant loans	2019-12-31	$53,406
Interest on participant loans	2019-12-31	$53,406
Value of interest in common/collective trusts at end of year	2019-12-31	$8,556,025
Value of interest in common/collective trusts at end of year	2019-12-31	$8,556,025
Value of interest in common/collective trusts at beginning of year	2019-12-31	$9,245,707
Value of interest in common/collective trusts at beginning of year	2019-12-31	$9,245,707
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$8,403,412
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$8,403,412
Net investment gain or loss from common/collective trusts	2019-12-31	$194,740
Net investment gain or loss from common/collective trusts	2019-12-31	$194,740
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Contributions received in cash from employer	2019-12-31	$2,208,822
Contributions received in cash from employer	2019-12-31	$2,208,822
Employer contributions (assets) at end of year	2019-12-31	$119,090
Employer contributions (assets) at end of year	2019-12-31	$119,090
Employer contributions (assets) at beginning of year	2019-12-31	$127,816
Employer contributions (assets) at beginning of year	2019-12-31	$127,816
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$14,280,223
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$14,280,223
Asset. Corporate debt instrument debt (other) at end of year	2019-12-31	$12,939
Asset. Corporate debt instrument debt (other) at end of year	2019-12-31	$12,939
Asset. Corporate debt instrument debt (other) at beginning of year	2019-12-31	$0
Asset. Corporate debt instrument debt (other) at beginning of year	2019-12-31	$0
Contract administrator fees	2019-12-31	$78,244
Contract administrator fees	2019-12-31	$78,244
Assets. Corporate common stocks other than exployer securities at end of year	2019-12-31	$121,271
Assets. Corporate common stocks other than exployer securities at end of year	2019-12-31	$121,271
Assets. Corporate common stocks other than exployer securities at beginning of year	2019-12-31	$261,765
Assets. Corporate common stocks other than exployer securities at beginning of year	2019-12-31	$261,765
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	SCHNEIDER DOWNS & CO., INC.
Accountancy firm name	2019-12-31	SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN	2019-12-31	251408703
Accountancy firm EIN	2019-12-31	251408703
2018 : WECTEC 401(K) SAVINGS PLAN 2018 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$2,454
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$17,116
Total income from all sources (including contributions)	2018-12-31	$11,978,772
Total of all expenses incurred	2018-12-31	$15,446,930
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$15,315,101
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$14,422,762
Value of total assets at end of year	2018-12-31	$58,848,011
Value of total assets at beginning of year	2018-12-31	$62,330,831
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$131,829
Total interest from all sources	2018-12-31	$52,812
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$3,390,516
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$3,390,516
Administrative expenses professional fees incurred	2018-12-31	$28,248
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$500,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$7,161,188
Participant contributions at end of year	2018-12-31	$1,103,481
Participant contributions at beginning of year	2018-12-31	$1,182,159
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$4,489,667
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2018-12-31	$2,454
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2018-12-31	$17,116
Other income not declared elsewhere	2018-12-31	$-11,145
Total non interest bearing cash at end of year	2018-12-31	$24,030
Total non interest bearing cash at beginning of year	2018-12-31	$116,117
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$-3,468,158
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$58,845,557
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$62,313,715
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$48,085,212
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$51,566,557
Interest on participant loans	2018-12-31	$52,812
Value of interest in common/collective trusts at end of year	2018-12-31	$9,245,707
Value of interest in common/collective trusts at beginning of year	2018-12-31	$9,121,421
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-6,040,074
Net investment gain or loss from common/collective trusts	2018-12-31	$163,901
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Contributions received in cash from employer	2018-12-31	$2,771,907
Employer contributions (assets) at end of year	2018-12-31	$127,816
Employer contributions (assets) at beginning of year	2018-12-31	$186,580
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$15,315,101
Contract administrator fees	2018-12-31	$103,581
Assets. Corporate common stocks other than exployer securities at end of year	2018-12-31	$261,765
Assets. Corporate common stocks other than exployer securities at beginning of year	2018-12-31	$157,997
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN	2018-12-31	251408703
2017 : WECTEC 401(K) SAVINGS PLAN 2017 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$17,116
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$83,777
Total income from all sources (including contributions)	2017-12-31	$28,323,747
Total of all expenses incurred	2017-12-31	$15,710,544
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$15,525,629
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$19,796,840
Value of total assets at end of year	2017-12-31	$62,330,831
Value of total assets at beginning of year	2017-12-31	$49,784,289
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$184,915
Total interest from all sources	2017-12-31	$46,160
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$2,390,334
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$2,390,334
Administrative expenses professional fees incurred	2017-12-31	$19,517
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$500,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Contributions received from participants	2017-12-31	$11,652,695
Participant contributions at end of year	2017-12-31	$1,182,159
Participant contributions at beginning of year	2017-12-31	$879,293
Income. Received or receivable in cash from other sources (including rollovers)	2017-12-31	$3,375,413
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2017-12-31	$17,116
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year	2017-12-31	$83,777
Other income not declared elsewhere	2017-12-31	$29,042
Total non interest bearing cash at end of year	2017-12-31	$116,117
Total non interest bearing cash at beginning of year	2017-12-31	$50,786
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$12,613,203
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$62,313,715
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$49,700,512
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2017-12-31	$51,566,557
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2017-12-31	$39,955,287
Interest on participant loans	2017-12-31	$46,116
Interest earned on other investments	2017-12-31	$44
Value of interest in common/collective trusts at end of year	2017-12-31	$9,121,421
Value of interest in common/collective trusts at beginning of year	2017-12-31	$8,301,231
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2017-12-31	$5,913,943
Net investment gain or loss from common/collective trusts	2017-12-31	$147,428
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	No
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Contributions received in cash from employer	2017-12-31	$4,768,732
Employer contributions (assets) at end of year	2017-12-31	$186,580
Employer contributions (assets) at beginning of year	2017-12-31	$470,000
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$15,525,629
Contract administrator fees	2017-12-31	$165,398
Assets. Corporate common stocks other than exployer securities at end of year	2017-12-31	$157,997
Assets. Corporate common stocks other than exployer securities at beginning of year	2017-12-31	$127,692
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN	2017-12-31	251408703
2016 : WECTEC 401(K) SAVINGS PLAN 2016 401k financial data
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$83,777
Total income from all sources (including contributions)	2016-12-31	$60,184,390
Total of all expenses incurred	2016-12-31	$10,483,878
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$10,243,803
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$56,723,111
Value of total assets at end of year	2016-12-31	$49,784,289
Value of total assets at beginning of year	2016-12-31	$0
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$240,075
Total interest from all sources	2016-12-31	$18,528
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$1,402,870
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2016-12-31	$1,402,870
Administrative expenses professional fees incurred	2016-12-31	$9,821
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$500,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2016-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Contributions received from participants	2016-12-31	$19,291,252
Participant contributions at end of year	2016-12-31	$879,293
Participant contributions at beginning of year	2016-12-31	$0
Income. Received or receivable in cash from other sources (including rollovers)	2016-12-31	$29,151,691
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year	2016-12-31	$83,777
Total non interest bearing cash at end of year	2016-12-31	$50,786
Total non interest bearing cash at beginning of year	2016-12-31	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$49,700,512
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$49,700,512
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$0
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2016-12-31	$39,955,287
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2016-12-31	$0
Interest on participant loans	2016-12-31	$18,528
Value of interest in common/collective trusts at end of year	2016-12-31	$8,301,231
Value of interest in common/collective trusts at beginning of year	2016-12-31	$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2016-12-31	$1,964,049
Net investment gain or loss from common/collective trusts	2016-12-31	$75,832
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	No
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$8,280,168
Employer contributions (assets) at end of year	2016-12-31	$470,000
Employer contributions (assets) at beginning of year	2016-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$10,243,803
Contract administrator fees	2016-12-31	$230,254
Assets. Corporate common stocks other than exployer securities at end of year	2016-12-31	$127,692
Assets. Corporate common stocks other than exployer securities at beginning of year	2016-12-31	$0
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	SCHNEIDER DOWNS & CO., INC.
Accountancy firm EIN	2016-12-31	251408703

Form 5500 Responses for WECTEC 401(K) SAVINGS PLAN

2019: WECTEC 401(K) SAVINGS PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: WECTEC 401(K) SAVINGS PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: WECTEC 401(K) SAVINGS PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: WECTEC 401(K) SAVINGS PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	First time form 5500 has been submitted	Yes
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes

Potentially related plans

WECTEC 401(K) SAVINGS PLAN [EIN = 721478572]

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Company Name:	WECTEC LLC
Employer identification number (EIN):	475576222
NAIC Classification:	551112
NAIC Description:	Offices of Other Holding Companies