WESTPAK, INC. has sponsored the creation of one or more 401k plans.
Additional information about WESTPAK, INC.
Submission information for form 5500 for 401k plan WESTPAK, INC. SAVINGS AND RETIREMENT PLAN
| Measure | Date | Value |
|---|
| 2023 : WESTPAK, INC. SAVINGS AND RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total transfer of assets to this plan | 2023-12-31 | $0 |
| Total transfer of assets from this plan | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total income from all sources (including contributions) | 2023-12-31 | $3,352,970 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $876,997 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $847,304 |
| Expenses. Certain deemed distributions of participant loans | 2023-12-31 | $2,275 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $1,026,630 |
| Value of total assets at end of year | 2023-12-31 | $11,803,243 |
| Value of total assets at beginning of year | 2023-12-31 | $9,327,270 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $27,418 |
| Total interest from all sources | 2023-12-31 | $9,289 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $205,646 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $205,646 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $714,430 |
| Participant contributions at end of year | 2023-12-31 | $176,827 |
| Participant contributions at beginning of year | 2023-12-31 | $136,743 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $2,475,973 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $11,803,243 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $9,327,270 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $25,188 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $11,254,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $8,697,049 |
| Interest on participant loans | 2023-12-31 | $9,289 |
| Value of interest in common/collective trusts at end of year | 2023-12-31 | $372,283 |
| Value of interest in common/collective trusts at beginning of year | 2023-12-31 | $493,478 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $2,098,212 |
| Net investment gain or loss from common/collective trusts | 2023-12-31 | $13,193 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $312,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $847,304 |
| Did the plan have assets held for investment | 2023-12-31 | 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 | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | HOLBROOK & MANTER |
| Accountancy firm EIN | 2023-12-31 | 310998651 |
| Total unrealized appreciation/depreciation of assets | 2023-01-01 | $0 |
| Total transfer of assets to this plan | 2023-01-01 | $0 |
| Total transfer of assets from this plan | 2023-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-01-01 | $0 |
| Total income from all sources (including contributions) | 2023-01-01 | $3,352,970 |
| Total loss/gain on sale of assets | 2023-01-01 | $0 |
| Total of all expenses incurred | 2023-01-01 | $876,997 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-01-01 | $847,304 |
| Expenses. Certain deemed distributions of participant loans | 2023-01-01 | $2,275 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-01-01 | $1,026,630 |
| Value of total assets at end of year | 2023-01-01 | $11,803,243 |
| Value of total assets at beginning of year | 2023-01-01 | $9,327,270 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-01-01 | $27,418 |
| Total interest from all sources | 2023-01-01 | $9,289 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-01-01 | $205,646 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2023-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-01-01 | $205,646 |
| Was this plan covered by a fidelity bond | 2023-01-01 | Yes |
| Value of fidelity bond cover | 2023-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2023-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-01-01 | No |
| Contributions received from participants | 2023-01-01 | $714,430 |
| Participant contributions at end of year | 2023-01-01 | $176,827 |
| Participant contributions at beginning of year | 2023-01-01 | $136,743 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-01-01 | No |
| Value of net income/loss | 2023-01-01 | $2,475,973 |
| Value of net assets at end of year (total assets less liabilities) | 2023-01-01 | $11,803,243 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-01-01 | $9,327,270 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-01-01 | No |
| Investment advisory and management fees | 2023-01-01 | $25,188 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-01-01 | $11,254,133 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-01-01 | $8,697,049 |
| Interest on participant loans | 2023-01-01 | $9,289 |
| Value of interest in common/collective trusts at end of year | 2023-01-01 | $372,283 |
| Value of interest in common/collective trusts at beginning of year | 2023-01-01 | $493,478 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-01-01 | $2,098,212 |
| Net investment gain or loss from common/collective trusts | 2023-01-01 | $13,193 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2023-01-01 | No |
| Contributions received in cash from employer | 2023-01-01 | $312,200 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-01-01 | $847,304 |
| Did the plan have assets held for investment | 2023-01-01 | 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 | 2023-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-01-01 | 1 |
| Accountancy firm name | 2023-01-01 | HOLBROOK & MANTER |
| Accountancy firm EIN | 2023-01-01 | 310998651 |
| 2022 : WESTPAK, INC. SAVINGS AND RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total transfer of assets to this plan | 2022-12-31 | $0 |
| Total transfer of assets from this plan | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $-1,507,416 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $296,046 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $219,996 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $50,790 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $1,013,308 |
| Value of total assets at end of year | 2022-12-31 | $9,327,270 |
| Value of total assets at beginning of year | 2022-12-31 | $11,130,732 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $25,260 |
| Total interest from all sources | 2022-12-31 | $8,129 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $260,369 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $260,369 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $610,427 |
| Participant contributions at end of year | 2022-12-31 | $136,743 |
| Participant contributions at beginning of year | 2022-12-31 | $179,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $125,636 |
| Administrative expenses (other) incurred | 2022-12-31 | $25,260 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $-1,803,462 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,327,270 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $11,130,732 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $8,697,049 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $10,664,841 |
| Interest on participant loans | 2022-12-31 | $8,129 |
| Value of interest in common/collective trusts at end of year | 2022-12-31 | $493,478 |
| Value of interest in common/collective trusts at beginning of year | 2022-12-31 | $285,947 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-2,794,542 |
| Net investment gain or loss from common/collective trusts | 2022-12-31 | $5,320 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $277,245 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $219,996 |
| Did the plan have assets held for investment | 2022-12-31 | 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 | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | HOLBROOK & MANTER, INC |
| Accountancy firm EIN | 2022-12-31 | 310998651 |
| Total expenses incurred by plan in this plan year | 2022-10-04 | 248054 |
| Net assets as of the end of the plan year | 2022-10-04 | 11130732 |
| Total assets as of the beginning of the plan year | 2022-10-04 | 8991856 |
| Value of plan covered by a fidelity bond | 2022-10-04 | 500000 |
| Participant contributions to plan in this plan year | 2022-10-04 | 597629 |
| Value of participant loans at end of plan year | 2022-10-04 | 179944 |
| Other contributions to plan in this plan year | 2022-10-04 | 23198 |
| Other income to plan in this plan year | 2022-10-04 | 1513334 |
| Plan net income in this plan year | 2022-10-04 | 2138876 |
| Net assets as of the end of the plan year | 2022-10-04 | 11130732 |
| Net assets as of the beginning of the plan year | 2022-10-04 | 8991856 |
| Employer contributions to plan in this plan year | 2022-10-04 | 252769 |
| Expensese paid to adminstrative service provicers from plan in this plan year | 2022-10-04 | 25132 |
| Total unrealized appreciation/depreciation of assets | 2022-01-01 | $0 |
| Total transfer of assets to this plan | 2022-01-01 | $0 |
| Total transfer of assets from this plan | 2022-01-01 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-01-01 | $0 |
| Total income from all sources (including contributions) | 2022-01-01 | $-1,507,416 |
| Total loss/gain on sale of assets | 2022-01-01 | $0 |
| Total of all expenses incurred | 2022-01-01 | $296,046 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-01-01 | $219,996 |
| Expenses. Certain deemed distributions of participant loans | 2022-01-01 | $50,790 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-01-01 | $1,013,308 |
| Value of total assets at end of year | 2022-01-01 | $9,327,270 |
| Value of total assets at beginning of year | 2022-01-01 | $11,130,732 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-01-01 | $25,260 |
| Total interest from all sources | 2022-01-01 | $8,129 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-01-01 | $260,369 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-01-01 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-01-01 | $260,369 |
| Was this plan covered by a fidelity bond | 2022-01-01 | Yes |
| Value of fidelity bond cover | 2022-01-01 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2022-01-01 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-01-01 | No |
| Contributions received from participants | 2022-01-01 | $610,427 |
| Participant contributions at end of year | 2022-01-01 | $136,743 |
| Participant contributions at beginning of year | 2022-01-01 | $179,944 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-01-01 | $125,636 |
| Administrative expenses (other) incurred | 2022-01-01 | $25,260 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-01-01 | No |
| Value of net income/loss | 2022-01-01 | $-1,803,462 |
| Value of net assets at end of year (total assets less liabilities) | 2022-01-01 | $9,327,270 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-01-01 | $11,130,732 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-01-01 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-01-01 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-01-01 | No |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-01-01 | $8,697,049 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-01-01 | $10,664,841 |
| Interest on participant loans | 2022-01-01 | $8,129 |
| Value of interest in common/collective trusts at end of year | 2022-01-01 | $493,478 |
| Value of interest in common/collective trusts at beginning of year | 2022-01-01 | $285,947 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-01-01 | $-2,794,542 |
| Net investment gain or loss from common/collective trusts | 2022-01-01 | $5,320 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-01-01 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-01-01 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-01-01 | No |
| Contributions received in cash from employer | 2022-01-01 | $277,245 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-01-01 | $219,996 |
| Did the plan have assets held for investment | 2022-01-01 | 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 | 2022-01-01 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-01-01 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-01-01 | 1 |
| Accountancy firm name | 2022-01-01 | HOLBROOK & MANTER, INC |
| Accountancy firm EIN | 2022-01-01 | 310998651 |
| 2015 : WESTPAK, INC. SAVINGS AND RETIREMENT PLAN 2015 401k financial data |
|---|
| Total income from all sources | 2015-12-31 | $316,730 |
| Expenses. Total of all expenses incurred | 2015-12-31 | $489,198 |
| Benefits paid (including direct rollovers) | 2015-12-31 | $473,747 |
| Total plan assets at end of year | 2015-12-31 | $4,295,305 |
| Total plan assets at beginning of year | 2015-12-31 | $4,467,773 |
| Value of fidelity bond covering the plan | 2015-12-31 | $1,000,000 |
| Total contributions received or receivable from participants | 2015-12-31 | $306,797 |
| Expenses. Other expenses not covered elsewhere | 2015-12-31 | $15,451 |
| Other income received | 2015-12-31 | $-94,563 |
| Net income (gross income less expenses) | 2015-12-31 | $-172,468 |
| Net plan assets at end of year (total assets less liabilities) | 2015-12-31 | $4,295,305 |
| Net plan assets at beginning of year (total assets less liabilities) | 2015-12-31 | $4,467,773 |
| Assets. Value of participant loans | 2015-12-31 | $83,268 |
| Total contributions received or receivable from employer(s) | 2015-12-31 | $104,496 |
