Westfalia Technologies, Inc. Savings Plan — Form 5500 plan (Westfalia Technologies, Inc.)
Plain-English plan 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, Westfalia Technologies, Inc. Savings Plan is a benefit plan reported by Westfalia Technologies, Inc. under EIN 23-2678132 and plan number 001. The latest loaded filing year is 2023. The filing reports 175 participants and $13,058,009 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$13.1MPlan net assets, end of year$13,058,009
Participants175Covered participants reported
Assets / participant$74.6KComputed: assets ÷ participants$74,617 (computed)
Provider compensation$60.2K5 Schedule C provider row(s)$60,169
- Plan sponsor
- Westfalia Technologies, Inc.
- EIN
- 23-2678132
- Plan number
- 001
- Plan type
- 2
- Location
- York, PA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 175 | H, C | 20240729092908NAL0010906499001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$13.1M total assets
Net assets$13.1MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $13,058,009
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,058,009
- Net assets (BOY)
- $10,691,113
Income & contributions
- Employer contributions
- $516,614
- Participant contributions
- $1,120,795
- Total contributions
- $2,005,794
- Total income / additions
- $3,820,997
Expenses & distributions
- Benefits paid
- $1,414,163
- Administrative expenses
- $39,938
- Total expenses
- $1,454,101
- Net increase / (decrease)
- $2,366,896
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
32%68%
Employer 32%Participant 68%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income37%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $39,838 | $0 | 2023 |
| Mml Investors Services LLC | OTHER SERVICES | $0 | $15,173 | 2023 |
| Smith Elliott Kearns & Co LLC | CONTRACT ADMINISTRATOR | $100 | $5,058 | 2023 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 | 2023 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Westfalia Technologies, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in York, PA
- Principal Life Insurance Company — Schedule C compensation
- Mml Investors Services LLC — Schedule C compensation
- Smith Elliott Kearns & Co LLC — Schedule C compensation
- Morningstar Investment Management L — Schedule C compensation
- Wilshire Advisors LLC — Schedule C compensation