Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Westside Community Mental Health Center, Inc. Employer Savings Plan

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

Sponsored by Westside Community Mental Health Center, Inc. · California · Healthcare & Social Assistance

What the 2023 filing shows

Westside Community Mental Health Center, Inc. Employer Savings Plan holds $758K for 72 participants — about $10,531 per participant, down 7.5% over the 2024 plan year.

$758K
total plan assets (2024 EOY)
72
covered participants
$10,531
avg assets per participant
-7.5%
assets change YoY

The plan reported a net loss of $61K for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$758K
Participants
72
State
Industry
Healthcare & Social Assistance

What the Filing Says About Westside Community Mental Health Center, Inc. Employer Savings Plan

Westside Community Mental Health Center, Inc. Employer Savings Plan is a Profit Sharing retirement plan sponsored by Westside Community Mental Health Center, Inc., headquartered in California. As of the 2024 Form 5500 filing, the plan reports $758K in total end-of-year assets and covers 72 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 941164909, and the plan has been effective since 2001-11-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $819K at the beginning of 2024 to $758K at year-end — a decline of 7.5%. Net assets (after liabilities) closed the year at $758K, with reported net income of $-61,274 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)$819K
Total Assets (End of Year)$758K
Net Assets (End of Year)$758K
Net Income$-61,274
Plan TypeProfit Sharing
Employer EIN941164909
Plan Effective Date2001-11-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westside Community Mental Health Center, Inc.)

Year Plans Participants Total Assets
2022 1 132 $847K
2023 1 132 $970K
2024 1 72 $758K

Nearby Profit Sharing Plans in California

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

Frequently Asked Questions

How much money is in the Westside Community Mental Health Center, Inc. Employer Savings Plan?
As of the 2024 Form 5500 filing, Westside Community Mental Health Center, Inc. Employer Savings Plan holds $758K in total assets with 72 participants. It is sponsored by Westside Community Mental Health Center, Inc..
What type of plan is Westside Community Mental Health Center, Inc. Employer Savings Plan?
Westside Community Mental Health Center, Inc. Employer Savings Plan is a Profit Sharing plan. It has been effective since 2001-11-01. The plan is filed with the U.S. Department of Labor under EIN 941164909.
Who sponsors the Westside Community Mental Health Center, Inc. Employer Savings Plan?
Westside Community Mental Health Center, Inc. Employer Savings Plan is sponsored by Westside Community Mental Health Center, Inc., located in California. The sponsor's EIN is 941164909 and the plan operates in the Healthcare & Social Assistance industry.
How did Westside Community Mental Health Center, Inc. Employer Savings Plan perform in 2024?
Westside Community Mental Health Center, Inc. Employer Savings Plan declined by 7.5% during 2024, moving from $819K to $758K in total assets. Net income was $-61,274.
Where can I find official filings for Westside Community Mental Health Center, Inc. Employer Savings Plan?
Official Form 5500 filings for Westside Community Mental Health Center, Inc. Employer Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 941164909 or plan name at efast.dol.gov.
How does Westside Community Mental Health Center, Inc. Employer Savings Plan compare to other plans?
You can compare Westside Community Mental Health Center, Inc. Employer Savings Plan against other Profit Sharing plans on the plan type page, or view plans in California 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 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 941164909.

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.