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, Westwood Shipping 401(K) Plan is a benefit plan reported by Westwood Shipping Lines, Inc. under EIN 91-1132083 and plan number 001. The latest loaded filing year is 2023. The filing reports 149 participants and $12,642,319 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $12,642,319
- Net assets (EOY)
- $12,642,319
- Net assets (BOY)
- $10,060,910
Income & contributions
- Employer contributions
- $790,836
- Participant contributions
- $922,626
- Total contributions
- $2,068,043
- Total income / additions
- $3,789,179
Expenses & distributions
- Benefits paid
- $1,163,498
- Administrative expenses
- $44,272
- Total expenses
- $1,207,770
- Net increase / (decrease)
- $2,581,409