401(k)
2022 plan-year 401(k) DOL Form 5500

Westfalia Technologies, Inc. Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Westfalia Technologies, Inc. · Pennsylvania · Manufacturing

What the 2023 filing shows

Westfalia Technologies, Inc. Savings Plan holds $11M for 143 participants — about $74,763 per participant, down 5.1% over the 2022 plan year.

$11M
total plan assets (2022 EOY)
143
covered participants
$74,763
avg assets per participant
-5.1%
assets change YoY

The plan reported a net loss of $578K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$11M
Participants
143
State
Industry
Manufacturing

What the Filing Says About Westfalia Technologies, Inc. Savings Plan

Westfalia Technologies, Inc. Savings Plan is a 401(k) retirement plan sponsored by Westfalia Technologies, Inc., headquartered in Pennsylvania. As of the 2022 Form 5500 filing, the plan reports $11M in total end-of-year assets and covers 143 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 232678132, and the plan has been effective since 1973-09-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $11M at year-end — a decline of 5.1%. Net assets (after liabilities) closed the year at $11M, with reported net income of $-577,878 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$11M
Total Assets (End of Year)$11M
Net Assets (End of Year)$11M
Net Income$-577,878
Plan Type401(k)
Employer EIN232678132
Plan Effective Date1973-09-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Westfalia Technologies, Inc.)

Year Plans Participants Total Assets
2022 1 143 $11M
2023 1 163 $13M
2024 1 181 $16M

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Frequently Asked Questions

How much money is in the Westfalia Technologies, Inc. Savings Plan?
As of the 2022 Form 5500 filing, Westfalia Technologies, Inc. Savings Plan holds $11M in total assets with 143 participants. It is sponsored by Westfalia Technologies, Inc..
What type of plan is Westfalia Technologies, Inc. Savings Plan?
Westfalia Technologies, Inc. Savings Plan is a 401(k) plan. It has been effective since 1973-09-30. The plan is filed with the U.S. Department of Labor under EIN 232678132.
Who sponsors the Westfalia Technologies, Inc. Savings Plan?
Westfalia Technologies, Inc. Savings Plan is sponsored by Westfalia Technologies, Inc., located in Pennsylvania. The sponsor's EIN is 232678132 and the plan operates in the Manufacturing industry.
How did Westfalia Technologies, Inc. Savings Plan perform in 2022?
Westfalia Technologies, Inc. Savings Plan declined by 5.1% during 2022, moving from $11M to $11M in total assets. Net income was $-577,878.
Where can I find official filings for Westfalia Technologies, Inc. Savings Plan?
Official Form 5500 filings for Westfalia Technologies, Inc. Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 232678132 or plan name at efast.dol.gov.
How does Westfalia Technologies, Inc. Savings Plan compare to other plans?
You can compare Westfalia Technologies, Inc. Savings Plan against other 401(k) plans on the plan type page, or view plans in Pennsylvania on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 232678132.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.