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 Systems, LLC Retirement Plan is a benefit plan reported by Westech Systems, LLC under EIN 85-1070563 and plan number 001. The latest loaded filing year is 2023. The filing reports 300 participants and $10,228,349 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $10,228,349
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $10,228,349
- Net assets (BOY)
- $8,588,080
Income & contributions
- Employer contributions
- $693,486
- Participant contributions
- $455,767
- Total contributions
- $1,203,251
- Total income / additions
- $2,564,607
Expenses & distributions
- Benefits paid
- $855,562
- Administrative expenses
- $68,776
- Total expenses
- $924,338
- Net increase / (decrease)
- $1,640,269