401k Plan data: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN plan

WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 401k Plan overview

Plan Name	WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN
Plan identification number	002

WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN Benefits

401k Plan Type

Defined Benefit Pension

Plan Features/Benefits

Benefits are primarily pay related
Benefits are primarily flat dollar (includes dollars per year of service)
Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
Floor-offset plan - Plan benefits are subject to offset for retirement benefits provided by an employer-sponsored defined contribution plan.
Plan covered by PBGC that was terminated and closed out for PBGC purposes - Before the end of the plan year (or a prior plan year), (1) the plan terminated in a standard (or distress) termination and completed the distribution of plan assets in satisfaction of all benefit liabilities (or all ERISA Title IV benefits for distress termination); or (2) a trustee was appointed for a terminated plan pursuant to ERISA section 4042.
Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

401k Sponsoring company profile

WESTLAKE MANAGEMENT SERVICES, INC. has sponsored the creation of one or more 401k plans.

Company Name: WESTLAKE MANAGEMENT SERVICES, INC.

Employer identification number (EIN): 760321065

NAIC Classification: 325100

Additional information about WESTLAKE MANAGEMENT SERVICES, INC.

Jurisdiction of Incorporation: Texas Secretary of State

Incorporation Date: 1990-11-13

Company Identification Number: 0008580806

Legal Registered Office Address: 2801 POST OAK BLVD STE 600

HOUSTON
United States of America (USA)
77056

More information about WESTLAKE MANAGEMENT SERVICES, INC.

Form 5500 Filing Information

Submission information for form 5500 for 401k plan WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
002 2018-01-01 JESSE STEPHAN
002 2018-01-01
002 2017-01-01 JESSE STEPHAN
002 2017-01-01
002 2016-01-01 JESSE STEPHAN
002 2015-01-01 JESSE STEPHAN JESSE STEPHAN 2016-10-04

Plan id#	Filing Submission Date	Name of Administrator	Name of Company Sponsor	Date Sponsor Signed
002	2018-01-01	JESSE STEPHAN
002	2018-01-01
002	2017-01-01	JESSE STEPHAN
002	2017-01-01
002	2016-01-01	JESSE STEPHAN
002	2015-01-01	JESSE STEPHAN	JESSE STEPHAN	2016-10-04

Plan Statistics for WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN

401k plan membership statisitcs for WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN

Measure Date Value
2018: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets 2018-08-23 634,654,076
Acturial value of plan assets 2018-08-23 592,912,802
Funding target for retired participants and beneficiaries receiving payment 2018-08-23 413,122,915
Number of terminated vested participants 2018-08-23 569
Fundng target for terminated vested participants 2018-08-23 23,087,302
Active participant vested funding target 2018-08-23 139,920,203
Number of active participants 2018-08-23 1,616
Total funding liabilities for active participants 2018-08-23 145,700,335
Total participant count 2018-08-23 5,003
Total funding target for all participants 2018-08-23 581,910,552
Balance at beginning of prior year after applicable adjustments 2018-08-23 62,675,757
Prefunding balance at beginning of prior year after applicable adjustments 2018-08-23 0
Carryover balanced portion elected for use to offset prior years funding requirement 2018-08-23 8,875,454
Prefunding balanced used to offset prior years funding requirement 2018-08-23 0
Amount remaining of carryover balance 2018-08-23 53,800,303
Amount remaining of prefunding balance 2018-08-23 0
Present value of excess contributions 2018-08-23 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2018-08-23 0
Balance of carryovers at beginning of current year 2018-08-23 63,043,195
Balance of prefunding at beginning of current year 2018-08-23 0
Total employer contributions 2018-08-23 0
Total employee contributions 2018-08-23 0
Contributions allocated toward unpaid minimum require contributions from prior years 2018-08-23 0
Contributions made to avoid restrictions adjusted to valuation date 2018-08-23 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2018-08-23 0
Liquidity shortfalls end of Q1 2018-08-23 0
Liquidity shortfalls end of Q2 2018-08-23 0
Liquidity shortfalls end of Q3 2018-08-23 0
Liquidity shortfalls end of Q4 2018-08-23 0
Unpaid minimum required contributions for all prior years 2018-08-23 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2018-08-23 0
Remaining amount of unpaid minimum required contributions 2018-08-23 0
Minimum required contributions for current year target normal cost 2018-08-23 368,000
Net shortfall amortization installment of oustanding balance 2018-08-23 26,328,631
Waiver amortization installment 2018-08-23 0
Total funding amount beforereflecting carryover/prefunding balances 2018-08-23 379,715
Carryover balance elected to use to offset funding requirement 2018-08-23 379,715
Prefunding balance elected to use to offset funding requirement 2018-08-23 0
Additional cash requirement 2018-08-23 0
Contributions allocatedtoward minimum required contributions for current year 2018-08-23 0
Unpaid minimum required contributions for current year 2018-08-23 0
Unpaid minimum required contributions for all years 2018-08-23 0
Total participants, beginning-of-year 2018-01-01 4,967
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 0
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 0
Total of all active and inactive participants 2018-01-01 0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0
2017: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets 2017-12-31 31,631,837
Acturial value of plan assets 2017-12-31 32,231,329
Funding target for retired participants and beneficiaries receiving payment 2017-12-31 16,076,519
Number of terminated vested participants 2017-12-31 29
Fundng target for terminated vested participants 2017-12-31 1,528,651
Active participant vested funding target 2017-12-31 13,672,845
Number of active participants 2017-12-31 50
Total funding liabilities for active participants 2017-12-31 13,672,845
Total participant count 2017-12-31 208
Total funding target for all participants 2017-12-31 31,278,015
Balance at beginning of prior year after applicable adjustments 2017-12-31 58,447,631
Prefunding balance at beginning of prior year after applicable adjustments 2017-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2017-12-31 0
Prefunding balanced used to offset prior years funding requirement 2017-12-31 0
Amount remaining of carryover balance 2017-12-31 58,447,631
Amount remaining of prefunding balance 2017-12-31 0
Present value of excess contributions 2017-12-31 0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2017-12-31 0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2017-12-31 0
Reductions in caryover balances due to elections or deemed elections 2017-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2017-12-31 0
Balance of carryovers at beginning of current year 2017-12-31 63,205,487
Balance of prefunding at beginning of current year 2017-12-31 0
Total employer contributions 2017-12-31 0
Total employee contributions 2017-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2017-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2017-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2017-12-31 0
Unpaid minimum required contributions for all prior years 2017-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2017-12-31 0
Remaining amount of unpaid minimum required contributions 2017-12-31 0
Minimum required contributions for current year target normal cost 2017-12-31 2,916,577
Net shortfall amortization installment of oustanding balance 2017-12-31 31,026,963
Waiver amortization installment 2017-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2017-12-31 8,875,454
Carryover balance elected to use to offset funding requirement 2017-12-31 8,875,454
Prefunding balance elected to use to offset funding requirement 2017-12-31 0
Additional cash requirement 2017-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for current year 2017-12-31 0
Unpaid minimum required contributions for all years 2017-12-31 0
Total participants, beginning-of-year 2017-01-01 207
Total number of active participants reported on line 7a of the Form 5500 2017-01-01 1,616
Number of retired or separated participants receiving benefits 2017-01-01 2,419
Number of other retired or separated participants entitled to future benefits 2017-01-01 552
Total of all active and inactive participants 2017-01-01 4,587
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2017-01-01 380
Total participants 2017-01-01 4,967
2016: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets 2016-12-31 31,290,337
Acturial value of plan assets 2016-12-31 32,696,177
Funding target for retired participants and beneficiaries receiving payment 2016-12-31 16,120,000
Number of terminated vested participants 2016-12-31 28
Fundng target for terminated vested participants 2016-12-31 974,341
Active participant vested funding target 2016-12-31 13,163,357
Number of active participants 2016-12-31 51
Total funding liabilities for active participants 2016-12-31 13,163,357
Total participant count 2016-12-31 211
Total funding target for all participants 2016-12-31 30,257,698
Balance at beginning of prior year after applicable adjustments 2016-12-31 0
Prefunding balance at beginning of prior year after applicable adjustments 2016-12-31 0
Carryover balanced portion elected for use to offset prior years funding requirement 2016-12-31 0
Prefunding balanced used to offset prior years funding requirement 2016-12-31 0
Amount remaining of carryover balance 2016-12-31 0
Amount remaining of prefunding balance 2016-12-31 0
Present value of excess contributions 2016-12-31 849,185
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance 2016-12-31 902,089
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance 2016-12-31 0
Reductions in caryover balances due to elections or deemed elections 2016-12-31 0
Reductions in prefunding balances due to elections or deemed elections 2016-12-31 0
Balance of carryovers at beginning of current year 2016-12-31 0
Balance of prefunding at beginning of current year 2016-12-31 0
Total employer contributions 2016-12-31 0
Total employee contributions 2016-12-31 0
Contributions allocated toward unpaid minimum require contributions from prior years 2016-12-31 0
Contributions made to avoid restrictions adjusted to valuation date 2016-12-31 0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date 2016-12-31 0
Unpaid minimum required contributions for all prior years 2016-12-31 0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years 2016-12-31 0
Remaining amount of unpaid minimum required contributions 2016-12-31 0
Minimum required contributions for current year target normal cost 2016-12-31 250,000
Net shortfall amortization installment of oustanding balance 2016-12-31 0
Waiver amortization installment 2016-12-31 0
Total funding amount beforereflecting carryover/prefunding balances 2016-12-31 0
Carryover balance elected to use to offset funding requirement 2016-12-31 0
Prefunding balance elected to use to offset funding requirement 2016-12-31 0
Additional cash requirement 2016-12-31 0
Contributions allocatedtoward minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for current year 2016-12-31 0
Unpaid minimum required contributions for all years 2016-12-31 0
Total participants, beginning-of-year 2016-01-01 210
Total number of active participants reported on line 7a of the Form 5500 2016-01-01 50
Number of retired or separated participants receiving benefits 2016-01-01 111
Number of other retired or separated participants entitled to future benefits 2016-01-01 28
Total of all active and inactive participants 2016-01-01 189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2016-01-01 18
Total participants 2016-01-01 207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2016-01-01 0
2015: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year 2015-01-01 216
Total number of active participants reported on line 7a of the Form 5500 2015-01-01 51
Number of retired or separated participants receiving benefits 2015-01-01 113
Number of other retired or separated participants entitled to future benefits 2015-01-01 27
Total of all active and inactive participants 2015-01-01 191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2015-01-01 19
Total participants 2015-01-01 210
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2015-01-01 0

Measure	Date	Value
2018: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2018 401k membership
Market value of plan assets	2018-08-23	634,654,076
Acturial value of plan assets	2018-08-23	592,912,802
Funding target for retired participants and beneficiaries receiving payment	2018-08-23	413,122,915
Number of terminated vested participants	2018-08-23	569
Fundng target for terminated vested participants	2018-08-23	23,087,302
Active participant vested funding target	2018-08-23	139,920,203
Number of active participants	2018-08-23	1,616
Total funding liabilities for active participants	2018-08-23	145,700,335
Total participant count	2018-08-23	5,003
Total funding target for all participants	2018-08-23	581,910,552
Balance at beginning of prior year after applicable adjustments	2018-08-23	62,675,757
Prefunding balance at beginning of prior year after applicable adjustments	2018-08-23	0
Carryover balanced portion elected for use to offset prior years funding requirement	2018-08-23	8,875,454
Prefunding balanced used to offset prior years funding requirement	2018-08-23	0
Amount remaining of carryover balance	2018-08-23	53,800,303
Amount remaining of prefunding balance	2018-08-23	0
Present value of excess contributions	2018-08-23	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2018-08-23	0
Balance of carryovers at beginning of current year	2018-08-23	63,043,195
Balance of prefunding at beginning of current year	2018-08-23	0
Total employer contributions	2018-08-23	0
Total employee contributions	2018-08-23	0
Contributions allocated toward unpaid minimum require contributions from prior years	2018-08-23	0
Contributions made to avoid restrictions adjusted to valuation date	2018-08-23	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2018-08-23	0
Liquidity shortfalls end of Q1	2018-08-23	0
Liquidity shortfalls end of Q2	2018-08-23	0
Liquidity shortfalls end of Q3	2018-08-23	0
Liquidity shortfalls end of Q4	2018-08-23	0
Unpaid minimum required contributions for all prior years	2018-08-23	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2018-08-23	0
Remaining amount of unpaid minimum required contributions	2018-08-23	0
Minimum required contributions for current year target normal cost	2018-08-23	368,000
Net shortfall amortization installment of oustanding balance	2018-08-23	26,328,631
Waiver amortization installment	2018-08-23	0
Total funding amount beforereflecting carryover/prefunding balances	2018-08-23	379,715
Carryover balance elected to use to offset funding requirement	2018-08-23	379,715
Prefunding balance elected to use to offset funding requirement	2018-08-23	0
Additional cash requirement	2018-08-23	0
Contributions allocatedtoward minimum required contributions for current year	2018-08-23	0
Unpaid minimum required contributions for current year	2018-08-23	0
Unpaid minimum required contributions for all years	2018-08-23	0
Total participants, beginning-of-year	2018-01-01	4,967
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	0
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	0
Total of all active and inactive participants	2018-01-01	0
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	0
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0
2017: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2017 401k membership
Market value of plan assets	2017-12-31	31,631,837
Acturial value of plan assets	2017-12-31	32,231,329
Funding target for retired participants and beneficiaries receiving payment	2017-12-31	16,076,519
Number of terminated vested participants	2017-12-31	29
Fundng target for terminated vested participants	2017-12-31	1,528,651
Active participant vested funding target	2017-12-31	13,672,845
Number of active participants	2017-12-31	50
Total funding liabilities for active participants	2017-12-31	13,672,845
Total participant count	2017-12-31	208
Total funding target for all participants	2017-12-31	31,278,015
Balance at beginning of prior year after applicable adjustments	2017-12-31	58,447,631
Prefunding balance at beginning of prior year after applicable adjustments	2017-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2017-12-31	0
Prefunding balanced used to offset prior years funding requirement	2017-12-31	0
Amount remaining of carryover balance	2017-12-31	58,447,631
Amount remaining of prefunding balance	2017-12-31	0
Present value of excess contributions	2017-12-31	0
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2017-12-31	0
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2017-12-31	0
Reductions in caryover balances due to elections or deemed elections	2017-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2017-12-31	0
Balance of carryovers at beginning of current year	2017-12-31	63,205,487
Balance of prefunding at beginning of current year	2017-12-31	0
Total employer contributions	2017-12-31	0
Total employee contributions	2017-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2017-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2017-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2017-12-31	0
Unpaid minimum required contributions for all prior years	2017-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2017-12-31	0
Remaining amount of unpaid minimum required contributions	2017-12-31	0
Minimum required contributions for current year target normal cost	2017-12-31	2,916,577
Net shortfall amortization installment of oustanding balance	2017-12-31	31,026,963
Waiver amortization installment	2017-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2017-12-31	8,875,454
Carryover balance elected to use to offset funding requirement	2017-12-31	8,875,454
Prefunding balance elected to use to offset funding requirement	2017-12-31	0
Additional cash requirement	2017-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for current year	2017-12-31	0
Unpaid minimum required contributions for all years	2017-12-31	0
Total participants, beginning-of-year	2017-01-01	207
Total number of active participants reported on line 7a of the Form 5500	2017-01-01	1,616
Number of retired or separated participants receiving benefits	2017-01-01	2,419
Number of other retired or separated participants entitled to future benefits	2017-01-01	552
Total of all active and inactive participants	2017-01-01	4,587
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2017-01-01	380
Total participants	2017-01-01	4,967
2016: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2016 401k membership
Market value of plan assets	2016-12-31	31,290,337
Acturial value of plan assets	2016-12-31	32,696,177
Funding target for retired participants and beneficiaries receiving payment	2016-12-31	16,120,000
Number of terminated vested participants	2016-12-31	28
Fundng target for terminated vested participants	2016-12-31	974,341
Active participant vested funding target	2016-12-31	13,163,357
Number of active participants	2016-12-31	51
Total funding liabilities for active participants	2016-12-31	13,163,357
Total participant count	2016-12-31	211
Total funding target for all participants	2016-12-31	30,257,698
Balance at beginning of prior year after applicable adjustments	2016-12-31	0
Prefunding balance at beginning of prior year after applicable adjustments	2016-12-31	0
Carryover balanced portion elected for use to offset prior years funding requirement	2016-12-31	0
Prefunding balanced used to offset prior years funding requirement	2016-12-31	0
Amount remaining of carryover balance	2016-12-31	0
Amount remaining of prefunding balance	2016-12-31	0
Present value of excess contributions	2016-12-31	849,185
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance	2016-12-31	902,089
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance	2016-12-31	0
Reductions in caryover balances due to elections or deemed elections	2016-12-31	0
Reductions in prefunding balances due to elections or deemed elections	2016-12-31	0
Balance of carryovers at beginning of current year	2016-12-31	0
Balance of prefunding at beginning of current year	2016-12-31	0
Total employer contributions	2016-12-31	0
Total employee contributions	2016-12-31	0
Contributions allocated toward unpaid minimum require contributions from prior years	2016-12-31	0
Contributions made to avoid restrictions adjusted to valuation date	2016-12-31	0
Contributions allocated toward minimum required contributions for current year adjusted to valuation date	2016-12-31	0
Unpaid minimum required contributions for all prior years	2016-12-31	0
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years	2016-12-31	0
Remaining amount of unpaid minimum required contributions	2016-12-31	0
Minimum required contributions for current year target normal cost	2016-12-31	250,000
Net shortfall amortization installment of oustanding balance	2016-12-31	0
Waiver amortization installment	2016-12-31	0
Total funding amount beforereflecting carryover/prefunding balances	2016-12-31	0
Carryover balance elected to use to offset funding requirement	2016-12-31	0
Prefunding balance elected to use to offset funding requirement	2016-12-31	0
Additional cash requirement	2016-12-31	0
Contributions allocatedtoward minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for current year	2016-12-31	0
Unpaid minimum required contributions for all years	2016-12-31	0
Total participants, beginning-of-year	2016-01-01	210
Total number of active participants reported on line 7a of the Form 5500	2016-01-01	50
Number of retired or separated participants receiving benefits	2016-01-01	111
Number of other retired or separated participants entitled to future benefits	2016-01-01	28
Total of all active and inactive participants	2016-01-01	189
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2016-01-01	18
Total participants	2016-01-01	207
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2016-01-01	0
2015: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2015 401k membership
Total participants, beginning-of-year	2015-01-01	216
Total number of active participants reported on line 7a of the Form 5500	2015-01-01	51
Number of retired or separated participants receiving benefits	2015-01-01	113
Number of other retired or separated participants entitled to future benefits	2015-01-01	27
Total of all active and inactive participants	2015-01-01	191
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2015-01-01	19
Total participants	2015-01-01	210
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2015-01-01	0

Financial Data on WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN

Measure	Date	Value
2018 : WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-08-23	$0
Total transfer of assets from this plan	2018-08-23	$604,547,601
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-08-23	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-08-23	$0
Total income from all sources (including contributions)	2018-08-23	$-529,552
Total loss/gain on sale of assets	2018-08-23	$0
Total of all expenses incurred	2018-08-23	$29,290,916
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-08-23	$28,295,120
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-08-23	$77,470
Value of total assets at end of year	2018-08-23	$0
Value of total assets at beginning of year	2018-08-23	$634,368,069
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-08-23	$995,796
Total interest from all sources	2018-08-23	$0
Total dividends received (eg from common stock, registered investment company shares)	2018-08-23	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-08-23	No
Administrative expenses professional fees incurred	2018-08-23	$363,410
Was this plan covered by a fidelity bond	2018-08-23	Yes
Value of fidelity bond cover	2018-08-23	$10,000,000
If this is an individual account plan, was there a blackout period	2018-08-23	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-08-23	$0
Were there any nonexempt tranactions with any party-in-interest	2018-08-23	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2018-08-23	$0
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2018-08-23	$704,506
Other income not declared elsewhere	2018-08-23	$61,604
Administrative expenses (other) incurred	2018-08-23	$1,026
Liabilities. Value of operating payables at end of year	2018-08-23	$0
Liabilities. Value of operating payables at beginning of year	2018-08-23	$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-08-23	No
Value of net income/loss	2018-08-23	$-29,820,468
Value of net assets at end of year (total assets less liabilities)	2018-08-23	$0
Value of net assets at beginning of year (total assets less liabilities)	2018-08-23	$634,368,069
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-08-23	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-08-23	No
Were any leases to which the plan was party in default or uncollectible	2018-08-23	No
Investment advisory and management fees	2018-08-23	$513,554
Value of interest in master investment trust accounts at end of year	2018-08-23	$0
Value of interest in master investment trust accounts at beginning of year	2018-08-23	$633,662,865
Value of interest in common/collective trusts at end of year	2018-08-23	$0
Value of interest in common/collective trusts at beginning of year	2018-08-23	$698
Expenses. Payments to insurance carriers foe the provision of benefits	2018-08-23	$8,109,903
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-08-23	No
Was there a failure to transmit to the plan any participant contributions	2018-08-23	No
Has the plan failed to provide any benefit when due under the plan	2018-08-23	No
Contributions received in cash from employer	2018-08-23	$77,470
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-08-23	$20,185,217
Contract administrator fees	2018-08-23	$117,806
Did the plan have assets held for investment	2018-08-23	No
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-08-23	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-08-23	Yes
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-08-23	Yes
Opinion of an independent qualified public accountant for this plan	2018-08-23	Disclaimer
Accountancy firm name	2018-08-23	HAM, LANGSTON & BREZINA, LLP
Accountancy firm EIN	2018-08-23	760448495
2017 : WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2017 401k financial data
Total unrealized appreciation/depreciation of assets	2017-12-31	$0
Total transfer of assets to this plan	2017-12-31	$583,445,901
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2017-12-31	$20,107
Total income from all sources (including contributions)	2017-12-31	$39,045,914
Total loss/gain on sale of assets	2017-12-31	$0
Total of all expenses incurred	2017-12-31	$19,735,476
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2017-12-31	$18,498,100
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2017-12-31	$0
Value of total assets at end of year	2017-12-31	$634,368,069
Value of total assets at beginning of year	2017-12-31	$31,631,837
Total of administrative expenses incurred including professional, contract, advisory and management fees	2017-12-31	$1,237,376
Total interest from all sources	2017-12-31	$5,705
Total dividends received (eg from common stock, registered investment company shares)	2017-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2017-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2017-12-31	$0
Administrative expenses professional fees incurred	2017-12-31	$795,679
Was this plan covered by a fidelity bond	2017-12-31	Yes
Value of fidelity bond cover	2017-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2017-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2017-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2017-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2017-12-31	$704,506
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2017-12-31	$648
Administrative expenses (other) incurred	2017-12-31	$102,199
Liabilities. Value of operating payables at end of year	2017-12-31	$0
Liabilities. Value of operating payables at beginning of year	2017-12-31	$20,107
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Value of net income/loss	2017-12-31	$19,310,438
Value of net assets at end of year (total assets less liabilities)	2017-12-31	$634,368,069
Value of net assets at beginning of year (total assets less liabilities)	2017-12-31	$31,611,730
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2017-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2017-12-31	No
Were any leases to which the plan was party in default or uncollectible	2017-12-31	No
Investment advisory and management fees	2017-12-31	$259,982
Interest earned on other investments	2017-12-31	$0
Value of interest in master investment trust accounts at end of year	2017-12-31	$633,662,865
Value of interest in master investment trust accounts at beginning of year	2017-12-31	$0
Value of interest in common/collective trusts at end of year	2017-12-31	$698
Value of interest in common/collective trusts at beginning of year	2017-12-31	$31,631,189
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2017-12-31	$5,705
Net investment gain or loss from common/collective trusts	2017-12-31	$2,967,181
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2017-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2017-12-31	No
Has the plan failed to provide any benefit when due under the plan	2017-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2017-12-31	$18,498,100
Contract administrator fees	2017-12-31	$79,516
Did the plan have assets held for investment	2017-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2017-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2017-12-31	No
Aggregate proceeds on sale of assets	2017-12-31	$34,819,105
Aggregate carrying amount (costs) on sale of assets	2017-12-31	$34,819,105
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2017-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2017-12-31	Disclaimer
Accountancy firm name	2017-12-31	HAM, LANGSTON & BREZINA, LLP
Accountancy firm EIN	2017-12-31	760448495
2016 : WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2016 401k financial data
Total unrealized appreciation/depreciation of assets	2016-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$20,107
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2016-12-31	$20,836
Total income from all sources (including contributions)	2016-12-31	$2,147,966
Total loss/gain on sale of assets	2016-12-31	$0
Total of all expenses incurred	2016-12-31	$1,805,737
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2016-12-31	$1,567,205
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2016-12-31	$0
Value of total assets at end of year	2016-12-31	$31,631,837
Value of total assets at beginning of year	2016-12-31	$31,290,337
Total of administrative expenses incurred including professional, contract, advisory and management fees	2016-12-31	$238,532
Total interest from all sources	2016-12-31	$0
Total dividends received (eg from common stock, registered investment company shares)	2016-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2016-12-31	No
Administrative expenses professional fees incurred	2016-12-31	$99,985
Was this plan covered by a fidelity bond	2016-12-31	Yes
Value of fidelity bond cover	2016-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2016-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2016-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2016-12-31	$648
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2016-12-31	$41
Administrative expenses (other) incurred	2016-12-31	$138,547
Liabilities. Value of operating payables at end of year	2016-12-31	$20,107
Liabilities. Value of operating payables at beginning of year	2016-12-31	$20,836
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Value of net income/loss	2016-12-31	$342,229
Value of net assets at end of year (total assets less liabilities)	2016-12-31	$31,611,730
Value of net assets at beginning of year (total assets less liabilities)	2016-12-31	$31,269,501
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2016-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2016-12-31	No
Were any leases to which the plan was party in default or uncollectible	2016-12-31	No
Value of interest in common/collective trusts at end of year	2016-12-31	$31,631,189
Value of interest in common/collective trusts at beginning of year	2016-12-31	$31,290,296
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2016-12-31	$0
Net investment gain or loss from common/collective trusts	2016-12-31	$2,147,966
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2016-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2016-12-31	No
Has the plan failed to provide any benefit when due under the plan	2016-12-31	No
Contributions received in cash from employer	2016-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2016-12-31	$1,567,205
Did the plan have assets held for investment	2016-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2016-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2016-12-31	No
Aggregate proceeds on sale of assets	2016-12-31	$2,159,473
Aggregate carrying amount (costs) on sale of assets	2016-12-31	$2,159,473
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2016-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2016-12-31	Disclaimer
Accountancy firm name	2016-12-31	HAM, LANGSTON & BREZINA, LLP
Accountancy firm EIN	2016-12-31	760448495
2015 : WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2015 401k financial data
Total unrealized appreciation/depreciation of assets	2015-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$20,836
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2015-12-31	$29,459
Total income from all sources (including contributions)	2015-12-31	$1,000,672
Total loss/gain on sale of assets	2015-12-31	$0
Total of all expenses incurred	2015-12-31	$2,476,418
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2015-12-31	$2,247,974
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2015-12-31	$900,000
Value of total assets at end of year	2015-12-31	$31,290,337
Value of total assets at beginning of year	2015-12-31	$32,774,706
Total of administrative expenses incurred including professional, contract, advisory and management fees	2015-12-31	$228,444
Total interest from all sources	2015-12-31	$387
Total dividends received (eg from common stock, registered investment company shares)	2015-12-31	$0
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2015-12-31	No
Administrative expenses professional fees incurred	2015-12-31	$123,344
Was this plan covered by a fidelity bond	2015-12-31	Yes
Value of fidelity bond cover	2015-12-31	$10,000,000
If this is an individual account plan, was there a blackout period	2015-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2015-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2015-12-31	No
Value of other receiveables (less allowance for doubtful accounts) at end of year	2015-12-31	$41
Value of other receiveables (less allowance for doubtful accounts) at beginning of year	2015-12-31	$40
Administrative expenses (other) incurred	2015-12-31	$105,100
Liabilities. Value of operating payables at end of year	2015-12-31	$20,836
Liabilities. Value of operating payables at beginning of year	2015-12-31	$29,459
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Value of net income/loss	2015-12-31	$-1,475,746
Value of net assets at end of year (total assets less liabilities)	2015-12-31	$31,269,501
Value of net assets at beginning of year (total assets less liabilities)	2015-12-31	$32,745,247
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2015-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2015-12-31	No
Were any leases to which the plan was party in default or uncollectible	2015-12-31	No
Value of interest in common/collective trusts at end of year	2015-12-31	$31,290,296
Value of interest in common/collective trusts at beginning of year	2015-12-31	$32,774,666
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)	2015-12-31	$387
Net investment gain or loss from common/collective trusts	2015-12-31	$100,285
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2015-12-31	Yes
Was there a failure to transmit to the plan any participant contributions	2015-12-31	No
Has the plan failed to provide any benefit when due under the plan	2015-12-31	No
Contributions received in cash from employer	2015-12-31	$900,000
Employer contributions (assets) at beginning of year	2015-12-31	$0
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2015-12-31	$2,247,974
Did the plan have assets held for investment	2015-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2015-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2015-12-31	No
Aggregate proceeds on sale of assets	2015-12-31	$3,027,586
Aggregate carrying amount (costs) on sale of assets	2015-12-31	$3,027,586
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2015-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2015-12-31	Disclaimer
Accountancy firm name	2015-12-31	HAM, LANGSTON, & BREZINA L.L.P.
Accountancy firm EIN	2015-12-31	760448495

Form 5500 Responses for WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN

2018: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	Yes
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	Yes
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Insurance	Yes
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement – Insurance	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes
2017: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2017 form 5500 responses
2017-01-01	Type of plan entity	Single employer plan
2017-01-01	Submission has been amended	No
2017-01-01	This submission is the final filing	No
2017-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2017-01-01	Plan is a collectively bargained plan	No
2017-01-01	Plan funding arrangement – Trust	Yes
2017-01-01	Plan benefit arrangement - Trust	Yes
2016: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2016 form 5500 responses
2016-01-01	Type of plan entity	Single employer plan
2016-01-01	Submission has been amended	No
2016-01-01	This submission is the final filing	No
2016-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2016-01-01	Plan is a collectively bargained plan	No
2016-01-01	Plan funding arrangement – Trust	Yes
2016-01-01	Plan benefit arrangement - Trust	Yes
2015: WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN 2015 form 5500 responses
2015-01-01	Type of plan entity	Single employer plan
2015-01-01	Submission has been amended	No
2015-01-01	This submission is the final filing	No
2015-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2015-01-01	Plan is a collectively bargained plan	No
2015-01-01	Plan funding arrangement – Trust	Yes
2015-01-01	Plan benefit arrangement - Trust	Yes

Insurance Providers Used on plan

PRUDENTIAL ANNUITIES SERVICE (National Association of Insurance Commissioners NAIC id number: 68241 )

Policy contract number

GA-48093

Policy instance

Insurance contract or identification number	GA-48093
Number of Individuals Covered	0
Insurance policy start date	2018-01-01
Insurance policy end date	2018-08-23
Are there contracts with allocated funds for individual policies?	0
Are there contracts with allocated funds for group deferred annuity?	Yes
Are there contracts with allocated funds for types other than group deferred annuity or individual?	No
Contract purchased, in whole or in part, to distribute benefits from a terminating plan	No
Contracts With Unallocated Funds Deposit Administration	0
Are there contracts with unallocated funds for contracts of type immediate participation guarantee?	No
Are there contracts with unallocated funds for contracts of type guaranteed investment?	No
Are there contracts with unallocated funds for contract types other than deposit administration, immediate participation guarantee or guaranteed investment?	No
Health Insurance Welfare Benefit	No
Dental Insurance Welfare Benefit	No
Vision Insurance Welfare Benefit	No
Life Insurance Welfare Benefit	No
Temporary Disability Insurance Welfare Benefit	No
Long Term Disability Insurance Welfare Benefit	No
Unemployment Insurance Welfare Benefit	No
Were dividends or retroactive rate refunds paid in cash?	No
Were dividends or retroactive rate refunds paid as a credit?	No
Did the insurance company fail to provide any information necessary to complete Schedule A of form 5500?	No

Potentially related plans

WESTLAKE SALARIED EMPLOYEES' DEFINED BENEFIT PLAN [EIN = 760346924]

Was this data useful?

If you found the data here useful, PLEASE HELP US. We are a start-up and believe in making information freely available. By linking to us, posting on twitter, facebook and linkedin about us and generally spreading the word, you'll help us to grow. Our vision is to provide high quality data about the activities of all the companies in the world and where possible make it free to use and view. Finding and integrating data from thousands of data sources is time consuming and needs lots of effort. By simply spreading the word about us, you will help us. Please use the share buttons. It will only take a few seconds of your time. Thanks for helping

Information Disclaimer

The information provided on this website is not advice, endorsement or recommendation
The information published is supplied by third parties so we make no warranty on the accuracy, completeness etc. This information is provided "as-is". The information is subject to change as we obtain updates and corrections from the primary information sources.
You are free to use the information for your own personal research on the understanding to do so is at your own risk.

See full terms and conditions

Company Name:	WESTLAKE MANAGEMENT SERVICES, INC.
Employer identification number (EIN):	760321065
NAIC Classification:	325100

Jurisdiction of Incorporation:	Texas Secretary of State
Incorporation Date:	1990-11-13
Company Identification Number:	0008580806
Legal Registered Office Address:	2801 POST OAK BLVD STE 600 HOUSTON United States of America (USA) 77056