Westech International 401(K) Profit Sharing Plan — Form 5500 plan (Westech International, 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, Westech International 401(K) Profit Sharing Plan is a benefit plan reported by Westech International, Inc. under EIN 85-0427441 and plan number 001. The latest loaded filing year is 2023. The filing reports 438 participants and $4,599,488 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Westech International, Inc.
EIN
85-0427441
Plan number
001
Plan type
2
Location
Albuquerque, NM
Latest filing year
2023
Participants
438
End-of-year plan assets
$4,599,488

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023438H, C20241015152528NAL0050170368001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$4,599,488
Total liabilities (EOY)
$10,095
Net assets (EOY)
$4,589,393
Net assets (BOY)
$4,687,502

Income & contributions

Employer contributions
$148,387
Participant contributions
$290,845
Total contributions
$439,232
Total income / additions
$1,089,103

Expenses & distributions

Benefits paid
$1,114,540
Administrative expenses
$72,672
Total expenses
$1,187,212
Net increase / (decrease)
-$98,109

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Randall And Hurley, Inc.NONE$33,807not reported in the loaded dataset2023
Petersen Hastings Investment ManageNONE$25,338not reported in the loaded dataset2023

Related Form 5500 pages