2023 Form 5500 filing — Westfalia Technologies, Inc. Savings Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240729092908NAL0010906499001) for Westfalia Technologies, Inc. Savings Plan, reported by Westfalia Technologies, Inc. under EIN 23-2678132 and plan number 001. It reports 175 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
Form 5500 2 · 2023
Filing snapshot
Net assets (EOY)$13.1MReported net assets$13,058,009
Participants175
Provider compensation$60.2K5 Schedule C row(s)$60,169
Schedules filedSchedule H, Schedule CLoaded schedules
- EFAST2 acknowledgement
- 20240729092908NAL0010906499001
- Plan sponsor
- Westfalia Technologies, Inc.
- EIN
- 23-2678132
- Plan number
- 001
- Location
- York, PA
- Received date
- not reported in the loaded dataset
Schedule H · 2023
Reported financial snapshot
Reported figures as filed, in whole dollars. Only fields the filing reports are shown.
Reported balance (end of year)$13.1M total assets
Net assets$13.1MLiabilities$0
Full reported line items
- Total assets (EOY)
- $13,058,009
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,058,009
- Employer contributions
- $516,614
- Participant contributions
- $1,120,795
- Total income / additions
- $3,820,997
- Benefits paid
- $1,414,163
- Administrative expenses
- $39,938
- Total expenses
- $1,454,101
- Net increase / (decrease)
- $2,366,896
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $39,838 | $0 |
| Mml Investors Services LLC | OTHER SERVICES | $0 | $15,173 |
| Smith Elliott Kearns & Co LLC | CONTRACT ADMINISTRATOR | $100 | $5,058 |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |
| Wilshire Advisors LLC | INVESTMENT ADVISORY | $0 | $0 |