401(k) · DOL Form 5500 · 2023

West Gate Bank 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
226
Participants Below avg headcount
71st
Percentile by assets National rank
$79,366
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

$18M in assets, 226 participants

West Gate Bank's West Gate Bank Profit Sharing 401(k) Plan reported $18M in total assets and 226 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #5,028 in Finance & Insurance (8,869 peers)

Coverage in Nebraska

West Gate Bank Profit Sharing 401(k) Plan covers 226 participants in Nebraska, about 41% of the average Nebraska filer (state average ~552 per filing). Assets: $18M.

#5,028
in Finance & Insurance (8,869 peers)
+16.8%
assets growth YoY

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 2023 · DOL Form 5500

$17,936,815 Top 29% higher than 71% of 127,068 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 2023

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

Plan-year 2023 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 (226 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • West Gate Bank Profit Sharing 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • West Gate Bank Profit Sharing 401(k) Plan end-of-year assets rose from $15M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • West Gate Bank Profit Sharing 401(k) Plan reported participants rose from 214 in the plan year 2022 filing to 226 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 470523112 · West Gate Bank PY 2023 · 401(k)

West Gate Bank Profit Sharing 401(k) Plan · $18M · 226 · 71st

  • TYPE $18M
  • TYPE 226
  • TYPE 71st
  • TYPE 401(k)
  • TYPE near 401(k) Savings Plan of Red River Commodities
  • TYPE ind #5028

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…$18M401(k) Savings Plan of Red River Commodities401(k) Savings Plan of Red R…$18MDisability Rights Texas 401(k) PlanDisability Rights Texas 401(…$18MEntad LLC 401(k) Profit Sharing Plan & TrustEntad LLC 401(k) Profit Shar…$18MIonbond LLC Savings Incentive PlanIonbond LLC Savings Incentiv…$18M
End-of-year total assets ($M) among West Gate Bank Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Nebraska filing particulars

Total Assets (Beginning of Year)$15M
Net Assets (End of Year)$18M
Net Income$3M
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. -100000100002000030000 -202468 Total assets ($B) Participants West Gate Bank Profit Sharing 401(k) Plan, Total assets ($B): 0.017936815 · Participants: 226West Gate Bank Profit Sharing 401(k) PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 6.272854301 · Participants: 10652Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.422593059 · Participants: 16947Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.265096577 · Participants: 5470Union Pacific Corporation Thrift PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.255128453 · Participants: 27770Union Pacific Agreement Employee 401(k) Retirement Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 0.926040387 · Participants: 5038First 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
Compare West Gate Bank Profit Sharing 401(k) Plan side-by-side with 3 peers →

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 401(k) Savings Plan of Red River Commodities in ND ($18M); by covered participants it is Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (226 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. 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 2023? ▼
West Gate Bank Profit Sharing 401(k) Plan grew sharply - up 16.8% during 2023, from $15M to $18M. Reported net income was $3M.
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 401(k) Savings Plan of Red River Commodities in ND ($18M, 347 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 Cogent, Inc. Profit Sharing 401(k) Plan in MO (226 participants, $29M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 470523112.

Read our methodology - how this data is sourced, computed, and verified.

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