Profit Sharing · DOL Form 5500 · 2022

West Texas Opportunities, Inc. Profit Sharing Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
199
Participants Below avg headcount
43rd
Percentile by assets National rank
$17,451
Avg per participant Low balance/head
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Official DOL plan name: West Texas Opportunities, Inc. Profit Sharing Plan · Sponsored by West Texas Opportunities, Inc. · Texas · Healthcare & Social Assistance

$3M in assets, 199 participants

West Texas Opportunities, Inc.'s West Texas Opportunities, Inc. Profit Sharing Plan reported $3M in total assets and 199 participants in its 2022 DOL Form 5500 filing, ranking in the 43rd 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.

  • #9,542 in Healthcare & Social Assistance (20,060 peers)

Coverage in Texas

West Texas Opportunities, Inc. Profit Sharing Plan covers 199 participants in Texas, about 29% of the average Texas filer (state average ~688 per filing). Assets: $3M.

#9,542
in Healthcare & Social Assistance (20,060 peers)
-20.7%
assets change YoY

The plan reported a net loss of $906K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

West Texas Opportunities, Inc. Profit Sharing Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

West Texas Opportunities, Inc. Profit Sharing Plan vs every filed plan by assets

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

$3,472,776 43rd percentile higher than 43% 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 Texas Opportunities, Inc. Profit Sharing 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 Texas Opportunities, Inc. Profit Sharing Plan sits mid-pack in the medium band (199 participants).

Plan-year Form 5500 strip

Filing strip 751226644 · West Texas Opportunities, Inc. PY 2022 · Profit Sharing

West Texas Opportunities, Inc. Profit Sharing Plan · $3M · 199 · 43rd

  • IND $3M
  • IND 199
  • IND 43rd
  • IND Profit Sharing
  • IND near Mchugh Engineering Associates,Inc. 401(k) Profit Sharing Plan
  • IND ind #9542

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 Healthcare & Social Assistance retirement plans → · Plans in Texas →

West Texas Opportunities, Inc. Profit Sharing Plan in the asset neighbourhood

Airway Welding Inc. Employee's Profit Sharing Plan and TrustAirway Welding Inc. Employee…$3MRevach, Inc. Profit Sharing PlanRevach, Inc. Profit Sharing …$3MWest Texas Opportunities, Inc. Profit Sharing PlanWest Texas Opportunities, In…$3MMchugh Engineering Associates,Inc. 401(k) Profit Sharing PlanMchugh Engineering Associate…$3MHinson Ltd Profit Sharing Plan and TrustHinson Ltd Profit Sharing Pl…$3M
End-of-year total assets ($M) among West Texas Opportunities, Inc. Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Texas filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$3M
Net Income-$906K
Employer EIN751226644
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Texas Opportunities, Inc.)

Sponsor-wide plan assets over time

All West Texas Opportunities, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$5M 29.853984247760295% vs 2022
2024 filing year
$3M$3.5M$4M$4.5M$5M 202220232024 $3.47M $4.51M ▲ +30.0%
Year Plans Participants Total Assets
2022 1 199 $3M
2023 1 201 $4M
2024 1 176 $5M

Nearby Profit Sharing Plans in Texas

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

West Texas Opportunities, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -20246 Total assets ($B) Participants West Texas Opportunities, Inc. Profit Sharing Plan, Total assets ($B): 0.003472776 · Participants: 199West Texas Opportunities, Inc. Profit Sharing PlanSouthwest Airlines Co. Profitsharing Plan, Total assets ($B): 5.288170498 · Participants: 60454Southwest Airlines Co. Profitsharing PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.434738254 · Participants: 9875Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.04541778 · Participants: 71666H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 0.752274017 · Participants: 27959The Defined Contribution Plan of the Methodist HospitalMaritime Association - I.L.a. Retirement Fund, Total assets ($B): 0.742682259 · Participants: 3941Maritime Association - I.L.a. Retirement Fund
West Texas Opportunities, Inc. Profit Sharing Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants

West Texas Opportunities, Inc. Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Mchugh Engineering Associates,Inc. 401(k) Profit Sharing Plan in PA ($3M); by covered participants it is Phillips Precision, Inc. Pension Plan in NJ (199 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (199 participants); asset peers above are excluded.

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 Texas Opportunities, Inc. Profit Sharing Plan assets move in 2022?
West Texas Opportunities, Inc. Profit Sharing Plan declined sharply - down 20.7% during 2022, from $4M to $3M. Reported net income was -$906K.
How have West Texas Opportunities, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), West Texas Opportunities, Inc.'s sponsor-wide assets grew 29.9%, from $3M to $5M.
Which Profit Sharing plans are similar in size to West Texas Opportunities, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Mchugh Engineering Associates,Inc. 401(k) Profit Sharing Plan in PA ($3M, 23 participants).
Which Profit Sharing plans cover a similar participant headcount to West Texas Opportunities, Inc. Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by covered participants is Phillips Precision, Inc. Pension Plan in NJ (199 participants, $6M in assets).