Westfield, MA Form 5500 retirement and benefit plan filings

City Form 5500 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, Westfield, MA has 29 loaded benefit plan(s) reported by 18 plan sponsor(s), with $565,767,498 in total reported end-of-year plan assets across loaded filings. The latest loaded Form 5500 filing year is 2023.

Loaded plans
29
Plan sponsors
18
Latest filing year
2023

Reported financial aggregate (2023)

Reported net position

Total reported assets (EOY)
$565,767,498
Total reported liabilities (EOY)
$3,061,458
Total reported net assets (EOY)
$562,706,040

Contributions & income

Employer contributions
$20,931,538
Participant contributions
$19,907,772
Total income / additions
$126,580,205

Expenses & distributions

Benefits paid / distributions
$47,497,163
Total expenses
$49,025,566
Net increase / (decrease)
$77,554,639

Coverage

Total reported participants
9,665
Plans with financial statements
20
Plans with provider compensation
16

Totals sum the latest loaded 2023 public Form 5500 filing per plan for Westfield, MA plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Largest loaded plans by reported assets

Largest loaded plans in Westfield, MA
PlanSponsorReported assets (EOY)Year
Tighe & Bond, Inc. Deferred Profit Sharing And 401(K) Retirement Plan And TrustTighe & Bond, Inc.$151,945,8072023
Mestek, Inc. 401(K) & Profit Sharing PlanMestek, Inc.$142,543,3902023
401(K) Plan As Adopted By Westfield BankWestfield Bank$41,915,3292023
Advance Mfg. Co., Inc. Profit Sharing PlanAdvance Mfg. Co., Inc.$38,033,2652023
Elm Electrical, Inc. 401(K) PlanElm Electrical, Inc.$36,665,7532023
Tighe & Bond, Inc. Employee Stock Ownership PlanTighe & Bond, Inc.$29,608,5892023
Air Compressor Engineering Co., Inc. Profit Sharing Plan And Employee 401(K)Air Compressor Engineering Co., Inc.$20,740,0822023
Saint Vincent Radiological Associates, Inc. Profit Sharing PlanSt. Vincent Radiological Associates, Inc.$19,605,5182023
Employee Stock Ownership Plan Of Westfield Financial, Inc.Western New England Bancorp, Inc.$15,092,5562023
Savage Arms Non-Union Retirement PlanSavage Arms, Inc.$13,170,7322023
Mestek, Inc. 401(K) Plan For Union EmployeesMestek, Inc.$12,433,9582023
Onsite Mammography LLC 401(K) PlanOnsite Mammography, LLC$11,048,8552023
Retirement Plan For Drivers Of Commercial Distributing Company IncCommercial Distributing Company Inc$9,215,3602023
Savage Arms Union Retirement PlanSavage Arms, Inc.$5,928,7442023
Roofers & Slaters Local Union No. 248 Annuity And 401(K) Savings FundRoofers & Slaters Local Union No. 248$5,252,0692023
Mcnairn Packaging, Inc. 401(K) PlanMcnairn Packaging, Inc.$5,184,9922023
Roofers Local 248 Pension PlanTrustees Roofers And Slaters Local 248 Union$4,868,3872023
The H. B. Smith Co. Inc. 401(K)/Profit Sharing PlanH B Smith Company, Incorporated$1,473,6052023
Seal-Ryt Corp. Employee Stock Ownership Plan And TrustSeal-Ryt Corporation$672,4462023
Advance Mfg. Co., Inc. Employees' Welfare Benefit PlanAdvance Mfg. Co., Inc.$368,0612023
Savage Arms Inc Welfare Benefit PlanSavage Arms, Inc.not reported in the loaded dataset2023
Westfield Electroplating Co Welfare Benefit PlanWestfield Electroplating Companynot reported in the loaded dataset2023
Elm Electrical Health & Welfare PlanElm Electrical Inc.not reported in the loaded dataset2023
Tighe & Bond, Inc. Flexible Benefits PlanTighe & Bond, Inc.not reported in the loaded dataset2023
Tighe & Bond, Inc. Fsa PlanTighe & Bond, Inc.not reported in the loaded dataset2023

Related Form 5500 pages