Westfalia Technologies, Inc. Savings Plan — Form 5500 plan (Westfalia Technologies, Inc.)

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, Westfalia Technologies, Inc. Savings Plan is a benefit plan reported by Westfalia Technologies, Inc. under EIN 23-2678132 and plan number 001. The latest loaded filing year is 2023. The filing reports 175 participants and $13,058,009 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Westfalia Technologies, Inc.
EIN
23-2678132
Plan number
001
Plan type
2
Location
York, PA
Latest filing year
2023
Participants
175
End-of-year plan assets
$13,058,009

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023175H, C20240729092908NAL0010906499001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$13,058,009
Total liabilities (EOY)
$0
Net assets (EOY)
$13,058,009
Net assets (BOY)
$10,691,113

Income & contributions

Employer contributions
$516,614
Participant contributions
$1,120,795
Total contributions
$2,005,794
Total income / additions
$3,820,997

Expenses & distributions

Benefits paid
$1,414,163
Administrative expenses
$39,938
Total expenses
$1,454,101
Net increase / (decrease)
$2,366,896

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$39,838$02023
Mml Investors Services LLCOTHER SERVICES$0$15,1732023
Smith Elliott Kearns & Co LLCCONTRACT ADMINISTRATOR$100$5,0582023
Morningstar Investment Management LINV ADV, PARTICIPANTS$0$02023
Wilshire Advisors LLCINVESTMENT ADVISORY$0$02023

Related Form 5500 pages