Westlie Motor Company 401(K) Profit Sharing Plan — Form 5500 plan (Westlie Motor Company)
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, Westlie Motor Company 401(K) Profit Sharing Plan is a benefit plan reported by Westlie Motor Company under EIN 45-0219811 and plan number 001. The latest loaded filing year is 2023. The filing reports 223 participants and $9,515,194 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Westlie Motor Company
- EIN
- 45-0219811
- Plan number
- 001
- Plan type
- 2
- Location
- Minot, ND
- Latest filing year
- 2023
- Participants
- 223
- End-of-year plan assets
- $9,515,194
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 223 | H, C | 20240730163847NAL0013635539001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,515,194
- Total liabilities (EOY)
- $27,615
- Net assets (EOY)
- $9,487,579
- Net assets (BOY)
- $7,428,556
Income & contributions
- Employer contributions
- $294,518
- Participant contributions
- $988,309
- Total contributions
- $1,282,827
- Total income / additions
- $2,523,121
Expenses & distributions
- Benefits paid
- $400,201
- Administrative expenses
- $63,897
- Total expenses
- $464,098
- Net increase / (decrease)
- $2,059,023
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Avantax Retirement Plan Services | NA | $63,897 | not reported in the loaded dataset | 2023 |