401(k) · DOL Form 5500 · 2022

West Gate Bank 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
214
Participants Below avg headcount
73rd
Percentile by assets National rank
$71,780
Avg per participant Below avg balance/head
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Official DOL plan name: West Gate Bank Profit Sharing 401(k) Plan · Sponsored by West Gate Bank · Nebraska · Finance & Insurance

$15M in assets, 214 participants

West Gate Bank's West Gate Bank Profit Sharing 401(k) Plan reported $15M in total assets and 214 participants in its 2022 DOL Form 5500 filing, ranking in the 73rd percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #5,369 in Finance & Insurance (9,261 peers)

Coverage in Nebraska

West Gate Bank Profit Sharing 401(k) Plan covers 214 participants in Nebraska, about 39% of the average Nebraska filer (state average ~552 per filing). Assets: $15M.

#5,369
in Finance & Insurance (9,261 peers)
-11.0%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

West Gate Bank Profit Sharing 401(k) Plan's outsized position by total assets

West Gate Bank Profit Sharing 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$15,360,871 Top 27% higher than 73% of 139,123 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022

West Gate Bank Profit Sharing 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. West Gate Bank Profit Sharing 401(k) Plan sits mid-pack in the medium band (214 participants).

Plan-year Form 5500 strip

Filing strip 470523112 · West Gate Bank PY 2022 · 401(k)

West Gate Bank Profit Sharing 401(k) Plan · $15M · 214 · 73rd

  • 5500 $15M
  • ASSETS 214
  • PCT 73rd
  • EIN 401(k)
  • RANK near Deep Silver Volition 401(k) Plan
  • PHOTO ind #5369

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Nebraska →

West Gate Bank Profit Sharing 401(k) Plan in the asset neighbourhood

West Gate Bank Profit Sharing 401(k) PlanWest Gate Bank Profit Sharin…$15MDeep Silver Volition 401(k) PlanDeep Silver Volition 401(k) …$15MRagan Smith Associates, Inc. Restated Profit Sharing 401(k) PlanRagan Smith Associates, Inc.…$15MPioneer Spine and Sports Physicians P.C. 401(k) Plan and TrustPioneer Spine and Sports Phy…$15MHeritage Financial Group, Inc. 401(k) Plan and TrustHeritage Financial Group, In…$15M
End-of-year total assets ($M) among West Gate Bank Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Nebraska filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$15M
Net Income-$2M
Employer EIN470523112
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Gate Bank)

Sponsor-wide plan assets over time

All West Gate Bank plans reported in each filing year

Latest sponsor-wide plan assets
$22M 42.30557629186522% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.4M $21.9M ▲ +42.3%
Year Plans Participants Total Assets
2022 1 214 $15M
2023 1 226 $18M
2024 1 209 $22M

Nearby 401(k) Plans in Nebraska

Peer 401(k) plans, same state, same plan type, ranked by total assets.

West Gate Bank Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246 Total assets ($B) Participants West Gate Bank Profit Sharing 401(k) Plan, Total assets ($B): 0.015360871 · Participants: 214West Gate Bank Profit Sharing 401(k) PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 4.974213701 · Participants: 9716Hdr, Inc. Best Plan and ESOPUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.028704333 · Participants: 5284Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 1.965449453 · Participants: 28974Union Pacific Agreement Employee 401(k) Retirement Thrift PlanPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 1.817293875 · Participants: 15777Peter Kiewit Sons, Inc. Retirement Savings PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.763501259 · Participants: 4605First National of Nebraska, Inc. First Savings Plan
West Gate Bank Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants

West Gate Bank Profit Sharing 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Nebraska, the nearest 401(k) by assets is Deep Silver Volition 401(k) Plan in IL ($15M); by covered participants it is Phoenix Processor Retirement Savings Plan in WA (214 participants). Same-state nearby plans are listed separately above.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did West Gate Bank Profit Sharing 401(k) Plan assets move in 2022?
West Gate Bank Profit Sharing 401(k) Plan pulled back noticeably - down 11.0% during 2022, from $17M to $15M. Reported net income was -$2M.
How have West Gate Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), West Gate Bank's sponsor-wide assets grew 42.3%, from $15M to $22M.
Which 401(k) plans are similar in size to West Gate Bank Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Deep Silver Volition 401(k) Plan in IL ($15M, 181 participants).
Which 401(k) plans cover a similar participant headcount to West Gate Bank Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Phoenix Processor Retirement Savings Plan in WA (214 participants, $9M in assets).