2023 Form 5500 filing — Westborn Market Employees Profit Sharing 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 20241014075823NAL0025683777001) for Westborn Market Employees Profit Sharing Plan, reported by Westborn, Inc. under EIN 38-3010212 and plan number 001. It reports 298 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)$8.9MReported net assets$8,893,201
Participants298
Provider compensation$55.6K4 Schedule C row(s)$55,633
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014075823NAL0025683777001
Plan sponsor
Westborn, Inc.
EIN
38-3010212
Plan number
001
Location
Livonia, MI
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
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)$8.9M total assets
Net assets$8.9MLiabilities$0
Money in vs. money out
Total income / additions$1.6M
Total expenses$331.9K
Benefits paid / distributions$276.8K
Contributions
Employer$226.4K
Participant$445.4K
Full reported line items
Total assets (EOY)
$8,893,201
Total liabilities (EOY)
$0
Net assets (EOY)
$8,893,201
Employer contributions
$226,397
Participant contributions
$445,388
Total income / additions
$1,602,586
Benefits paid
$276,782
Administrative expenses
$55,633
Total expenses
$331,869
Net increase / (decrease)
$1,270,717
Schedule C

Reported service provider compensation

Compensation reported on the 2023 filing, ranked by reported total.

  1. 1
    INVESTMENT MGMT · Direct $22.1K
  2. 2
    INVESTMENT ADVISOR · Direct $13.7K
  3. 3
    INVESTMENT ADVISOR · Direct $10.2K
  4. 4
    RECORDKEEPER · Direct $9.7K · Indirect $0

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241014075823NAL0025683777001 cover?
It is the 2023 Form 5500 filing for Westborn Market Employees Profit Sharing Plan, reported by Westborn, Inc. (EIN 38-3010212).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Related Form 5500 pages