Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Westland Resources, Inc. Employees Savings Trust

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

Sponsored by Westland Resources, Inc. · Arizona · Professional & Technical Services

What the 2023 filing shows

Westland Resources, Inc. Employees Savings Trust holds $73K for N/A participants, down 99.6% over the 2024 plan year.

$73K
total plan assets (2024 EOY)
N/A
covered participants
-99.6%
assets change YoY

The plan reported a net loss of $17M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$73K
Participants
N/A
State
Industry
Professional & Technical Services

What the Filing Says About Westland Resources, Inc. Employees Savings Trust

Westland Resources, Inc. Employees Savings Trust is a Profit Sharing retirement plan sponsored by Westland Resources, Inc., headquartered in Arizona. As of the 2024 Form 5500 filing, the plan reports $73K in total end-of-year assets and covers N/A participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 860852063, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $17M at the beginning of 2024 to $73K at year-end — a decline of 99.6%. Net assets (after liabilities) closed the year at $73K, with reported net income of $-16,530,259 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)$17M
Total Assets (End of Year)$73K
Net Assets (End of Year)$73K
Net Income$-16,530,259
Plan TypeProfit Sharing
Employer EIN860852063
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westland Resources, Inc.)

Year Plans Participants Total Assets
2022 2 415 $28M
2023 2 428 $43M
2024 3 N/A $7M

Nearby Profit Sharing Plans in Arizona

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

Frequently Asked Questions

How much money is in the Westland Resources, Inc. Employees Savings Trust?
As of the 2024 Form 5500 filing, Westland Resources, Inc. Employees Savings Trust holds $73K in total assets with N/A participants. It is sponsored by Westland Resources, Inc..
What type of plan is Westland Resources, Inc. Employees Savings Trust?
Westland Resources, Inc. Employees Savings Trust is a Profit Sharing plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 860852063.
Who sponsors the Westland Resources, Inc. Employees Savings Trust?
Westland Resources, Inc. Employees Savings Trust is sponsored by Westland Resources, Inc., located in Arizona. The sponsor's EIN is 860852063 and the plan operates in the Professional & Technical Services industry.
How did Westland Resources, Inc. Employees Savings Trust perform in 2024?
Westland Resources, Inc. Employees Savings Trust declined by 99.6% during 2024, moving from $17M to $73K in total assets. Net income was $-16,530,259.
Where can I find official filings for Westland Resources, Inc. Employees Savings Trust?
Official Form 5500 filings for Westland Resources, Inc. Employees Savings Trust are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 860852063 or plan name at efast.dol.gov.
How does Westland Resources, Inc. Employees Savings Trust compare to other plans?
You can compare Westland Resources, Inc. Employees Savings Trust against other Profit Sharing plans on the plan type page, or view plans in Arizona 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 860852063.

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.