Wgs 401(K)Plan — Form 5500 plan (West Gaines Seed, 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, Wgs 401(K)Plan is a benefit plan reported by West Gaines Seed, Inc. under EIN 75-2567012 and plan number 001. The latest loaded filing year is 2023. The filing reports 252 participants and $14,084,503 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
West Gaines Seed, Inc.
EIN
75-2567012
Plan number
001
Plan type
2
Location
Lubbock, TX
Latest filing year
2023
Participants
252
End-of-year plan assets
$14,084,503

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023252H, C20240911085824NAL0006807025001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$14,084,503
Total liabilities (EOY)
$2,382
Net assets (EOY)
$14,082,121
Net assets (BOY)
$12,562,791

Income & contributions

Employer contributions
$416,631
Participant contributions
$1,130,055
Total contributions
$1,546,686
Total income / additions
$3,956,419

Expenses & distributions

Benefits paid
$2,343,923
Administrative expenses
$93,166
Total expenses
$2,437,089
Net increase / (decrease)
$1,519,330

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Ingham & CompanyN/A$89,107$4562023

Related Form 5500 pages