2023 Form 5500 filing — Westwood Holdings Group, Inc. Savings 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 20241010151901NAL0011651907001) for Westwood Holdings Group, Inc. Savings Plan, reported by Westwood Holdings Group, Inc. under EIN 75-2969997 and plan number 001. It reports 223 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$48.2MReported net assets$48,188,118
Participants223
Provider compensation$64.9K4 Schedule C row(s)$64,883
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241010151901NAL0011651907001
Plan sponsor
Westwood Holdings Group, Inc.
EIN
75-2969997
Plan number
001
Location
Dallas, TX
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$48.2M total assets
Net assets$48.2MLiabilities$935
Money in vs. money out
Total income / additions$11M
Total expenses$8.2M
Benefits paid / distributions$8.2M
Contributions
Employer$1.6M
Participant$2.3M
Full reported line items
Total assets (EOY)
$48,189,053
Total liabilities (EOY)
$935
Net assets (EOY)
$48,188,118
Employer contributions
$1,579,027
Participant contributions
$2,289,274
Total income / additions
$11,021,753
Benefits paid
$8,210,038
Administrative expenses
$37,175
Total expenses
$8,247,213
Net increase / (decrease)
$2,774,540

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Westwood TrustCUSTODIAN$32,183$0
Bok Financial Asset Management, IncTPA$3,631$15,523
Charles Schwab Trust BankCUSTODIAN$0$13,444
Charles Schwab & Co., Inc.CUSTODIAN$102not reported in the loaded dataset

Related Form 5500 pages