2023 Form 5500 filing — Westwood Holdings Group, 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 20241010151901NAL0011651907001) for Westwood Holdings Group, Inc. Savings Plan, reported by Westwood Holdings Group, Inc. under EIN 75-2969997 and plan number 001. It reports 223 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010151901NAL0011651907001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Westwood Holdings Group, Inc.
- EIN
- 75-2969997
- Plan number
- 001
- Location
- Dallas, TX
- Participants
- 223
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $48,189,053
- Total liabilities (EOY)
- $935
- Net assets (EOY)
- $48,188,118
- Employer contributions
- $1,579,027
- Participant contributions
- $2,289,274
- Total income / additions
- $11,021,753
- Benefits paid
- $8,210,038
- Administrative expenses
- $37,175
- Total expenses
- $8,247,213
- Net increase / (decrease)
- $2,774,540
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Westwood Trust | CUSTODIAN | $32,183 | $0 |
| Bok Financial Asset Management, Inc | TPA | $3,631 | $15,523 |
| Charles Schwab Trust Bank | CUSTODIAN | $0 | $13,444 |
| Charles Schwab & Co., Inc. | CUSTODIAN | $102 | not reported in the loaded dataset |