Plan5500

Westminster Company Retirement Savings Plan — Form 5500 plan (Westminster Company)

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, Westminster Company Retirement Savings Plan is a benefit plan reported by Westminster Company under EIN 56-0086520 and plan number 001. The latest loaded filing year is 2023. The filing reports 189 participants and $9,035,239 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9MPlan net assets, end of year$9,035,239
Participants189Covered participants reported
Assets / participant$47.8KComputed: assets ÷ participants$47,805 (computed)
Provider compensation$44.2K4 Schedule C provider row(s)$44,156
Plan sponsor
Westminster Company
EIN
56-0086520
Plan number
001
Plan type
2
Location
Greensboro, NC
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    189 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$9M total assets
Net assets$9MLiabilities$0
Money in vs. money out
Total income / additions$1.7M
Total expenses$1.6M
Benefits paid / distributions$1.6M
Contributions
Employer$175K
Participant$508.4K
Full reported line items

Net assets

Total assets (EOY)
$9,035,239
Total liabilities (EOY)
$0
Net assets (EOY)
$9,035,239
Net assets (BOY)
$8,987,651

Income & contributions

Employer contributions
$174,985
Participant contributions
$508,366
Total contributions
$683,351
Total income / additions
$1,697,529

Expenses & distributions

Benefits paid
$1,624,400
Administrative expenses
$11,663
Total expenses
$1,649,941
Net increase / (decrease)
$47,588
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 26%Participant 74%
Total expenses ÷ net assets18%Computed ratio
Benefits paid ÷ total income96%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Global Retirement Partners LLC$21.3K
    BROKER/ADVISOR · Direct $21.3K
  2. 2
    Strategic Retirement Adminstration$11.5K
    CONTRACT ADMIN · Direct $2.9K · Indirect $8.5K
  3. 3
    Westminster Co$6.2K
    CONTRACT ADMIN · Direct $6.2K
  4. 4
    Dauby O'Connor & Zaleski, LLC$5.1K
    AUDITOR · Direct $5.1K

Related Form 5500 pages