2023 Form 5500 filing — Westlake Services Holding Company Employee Stock Ownership Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240916152923NAL0004297698001) for Westlake Services Holding Company Employee Stock Ownership Plan, reported by Westlake Services Holding Company under EIN 61-1636987 and plan number 002. It reports 2,120 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916152923NAL0004297698001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Westlake Services Holding Company
- EIN
- 61-1636987
- Plan number
- 002
- Location
- Los Angeles, CA
- Participants
- 2,120
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $494,100,630
- Total liabilities (EOY)
- $9,641
- Net assets (EOY)
- $494,090,989
- Employer contributions
- $4,474,642
- Participant contributions
- $10,915,187
- Total income / additions
- $31,724,787
- Benefits paid
- $43,476,921
- Administrative expenses
- $283,255
- Total expenses
- $43,760,176
- Net increase / (decrease)
- -$12,035,389
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal | PLAN ADMINISTRATOR | $125,877 | not reported in the loaded dataset |
| Steven & Lee | LEGAL | $99,012 | not reported in the loaded dataset |
| Kobayashi & Company | ACCOUNTANT | $45,000 | not reported in the loaded dataset |
| Morgan Lewis & Bockius, Llp | LEGAL | $25,000 | not reported in the loaded dataset |