Profit Sharing
2024 plan-year Profit Sharing DOL Form 5500

Wesley Housing Development Corporation 403(b) Plan

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

Sponsored by Wesley Housing Development Corporation · Virginia · Real Estate

What the 2023 filing shows

Wesley Housing Development Corporation 403(b) Plan holds $6M for 99 participants — about $56,439 per participant, up 11.8% over the 2024 plan year.

$6M
total plan assets (2024 EOY)
99
covered participants
$56,439
avg assets per participant
+11.8%
assets growth YoY
Total Assets (2023)
$6M
Participants
99
State
Industry
Real Estate

What the Filing Says About Wesley Housing Development Corporation 403(b) Plan

Wesley Housing Development Corporation 403(b) Plan is a Profit Sharing retirement plan sponsored by Wesley Housing Development Corporation, headquartered in Virginia. As of the 2024 Form 5500 filing, the plan reports $6M in total end-of-year assets and covers 99 participants across the Real Estate industry. The sponsor's EIN on file with the U.S. Department of Labor is 510155779, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $5M at the beginning of 2024 to $6M at year-end — a gain of 11.8%. Net assets (after liabilities) closed the year at $6M, with reported net income of $591K 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.

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)$5M
Total Assets (End of Year)$6M
Net Assets (End of Year)$6M
Net Income$591K
Plan TypeProfit Sharing
Employer EIN510155779
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in Virginia

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Frequently Asked Questions

How much money is in the Wesley Housing Development Corporation 403(b) Plan?
As of the 2024 Form 5500 filing, Wesley Housing Development Corporation 403(b) Plan holds $6M in total assets with 99 participants. It is sponsored by Wesley Housing Development Corporation.
What type of plan is Wesley Housing Development Corporation 403(b) Plan?
Wesley Housing Development Corporation 403(b) Plan is a Profit Sharing plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 510155779.
Who sponsors the Wesley Housing Development Corporation 403(b) Plan?
Wesley Housing Development Corporation 403(b) Plan is sponsored by Wesley Housing Development Corporation, located in Virginia. The sponsor's EIN is 510155779 and the plan operates in the Real Estate industry.
How did Wesley Housing Development Corporation 403(b) Plan perform in 2024?
Wesley Housing Development Corporation 403(b) Plan grew by 11.8% during 2024, moving from $5M to $6M in total assets. Net income was $591K.
Where can I find official filings for Wesley Housing Development Corporation 403(b) Plan?
Official Form 5500 filings for Wesley Housing Development Corporation 403(b) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 510155779 or plan name at efast.dol.gov.
How does Wesley Housing Development Corporation 403(b) Plan compare to other plans?
You can compare Wesley Housing Development Corporation 403(b) Plan against other Profit Sharing plans on the plan type page, or view plans in Virginia 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 510155779.

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.