Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

TCWGLOBAL 401(K) PLAN

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

WMBE PAYROLLING INC

This Profit Sharing plan holds $26M in total assets and serves 5,961 participants as of 2024. It is sponsored by WMBE PAYROLLING INC in California. The plan reported positive net income of $6M for the year.

Total Assets (2023)
$26M
Participants
5,961
State
Industry
Administrative & Support Services

What the Filing Says About TCWGLOBAL 401(K) PLAN

TCWGLOBAL 401(K) PLAN is a Profit Sharing retirement plan sponsored by WMBE PAYROLLING INC, headquartered in California. As of the 2024 Form 5500 filing, the plan reports $26M in total end-of-year assets and covers 5,961 participants across the Administrative & Support Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 800424690, and the plan has been effective since 2010-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $20M at the beginning of 2024 to $26M at year-end — a gain of 30.4%. Net assets (after liabilities) closed the year at $26M, with reported net income of $6M 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)$20M
Total Assets (End of Year)$26M
Net Assets (End of Year)$26M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN800424690
Plan Effective Date2010-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WMBE PAYROLLING INC)

Year Plans Participants Total Assets
2022 1 7,108 $16M
2023 1 6,188 $20M
2024 1 5,961 $26M

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 TCWGLOBAL 401(K) PLAN?
As of the 2024 Form 5500 filing, TCWGLOBAL 401(K) PLAN holds $26M in total assets with 5,961 participants. It is sponsored by WMBE PAYROLLING INC.
What type of plan is TCWGLOBAL 401(K) PLAN?
TCWGLOBAL 401(K) PLAN is a Profit Sharing plan. It has been effective since 2010-01-01. The plan is filed with the U.S. Department of Labor under EIN 800424690.
Who sponsors the TCWGLOBAL 401(K) PLAN?
TCWGLOBAL 401(K) PLAN is sponsored by WMBE PAYROLLING INC, located in California. The sponsor's EIN is 800424690 and the plan operates in the Administrative & Support Services industry.
How did TCWGLOBAL 401(K) PLAN perform in 2024?
TCWGLOBAL 401(K) PLAN grew by 30.4% during 2024, moving from $20M to $26M in total assets. Net income was $6M.
Where can I find official filings for TCWGLOBAL 401(K) PLAN?
Official Form 5500 filings for TCWGLOBAL 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 800424690 or plan name at efast.dol.gov.
How does TCWGLOBAL 401(K) PLAN compare to other plans?
You can compare TCWGLOBAL 401(K) 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 800424690.

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 official public datasets. See our methodology for details.