Profit Sharing · DOL Form 5500 · 2024

West Gaines Seed, Inc. Profit Sharing Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets
164
Participants Small participant base
64th
Percentile by assets National rank
$90,037
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wgs 401(k) Plan · Sponsored by West Gaines Seed, Inc. · Texas · Agriculture, Forestry & Fishing

$15M in assets, 164 participants

West Gaines Seed, Inc.'s Wgs 401(k) Plan reported $15M in total assets and 164 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #859 in Agriculture, Forestry & Fishing (1,217 peers)

Coverage in Texas

Wgs 401(k) Plan covers 164 participants in Texas, about 24% of the average Texas filer (state average ~688 per filing). Assets: $15M.

#859
in Agriculture, Forestry & Fishing (1,217 peers)
+4.8%
assets growth YoY

Wgs 401(k) Plan's mid-pack asset rank among Agriculture, Forestry & Fishing and all filers

Wgs 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$14,766,055 Top 36% higher than 64% of 123,620 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 2024

Wgs 401(k) Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wgs 401(k) Plan sits mid-pack in the medium band (164 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wgs 401(k) Plan reported net income fell from $2M in the plan year 2023 filing to $684K in the plan year 2024 filing.
  • Wgs 401(k) Plan reported participants fell from 191 in the plan year 2023 filing to 164 in the plan year 2024 filing.
  • Wgs 401(k) Plan end-of-year assets rose from $14M in the plan year 2023 filing to $15M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 752567012 · West Gaines Seed, Inc. PY 2024 · Profit Sharing

Wgs 401(k) Plan · $15M · 164 · 64th

  • ASSETS $15M
  • ASSETS 164
  • ASSETS 64th
  • ASSETS Profit Sharing
  • ASSETS near Fall Creek Farm & Nursery, Inc. 401(k) Profit
  • ASSETS ind #859

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 Agriculture, Forestry & Fishing retirement plans → · Plans in Texas →

Wgs 401(k) Plan in the asset neighbourhood

Southeast Mississippi Rural Health Initiative, Inc. Retirement PlanSoutheast Mississippi Rural …$15MTennessee Wesleyan University Defined Contribution Retirement PlanTennessee Wesleyan Universit…$15MWgs 401(k) Plan$15MFall Creek Farm & Nursery, Inc. 401(k) ProfitFall Creek Farm & Nursery, I…$15MHenderson Behavioral Health Inc Revenue Sharing PlanHenderson Behavioral Health …$15M
End-of-year total assets ($M) among Wgs 401(k) Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$15M
Net Income$684K
Employer EIN752567012
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Gaines Seed, Inc.)

Sponsor-wide plan assets over time

All West Gaines Seed, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 17.538013646808263% vs 2022
2024 filing year
$12M$13M$14M$15M 202220232024 $12.6M $14.8M ▲ +17.6%
Year Plans Participants Total Assets
2022 1 211 $13M
2023 1 191 $14M
2024 1 164 $15M

Nearby Profit Sharing Plans in Texas

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

Wgs 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -0.500.511.522.5 Total assets ($B) Participants Wgs 401(k) Plan, Total assets ($B): 0.014766055 · Participants: 164Wgs 401(k) PlanBaylor College of Medicine Retirement Plan, Total assets ($B): 1.952930545 · Participants: 10721Baylor College of Medicine Retirement PlanH-E-B Partner Stock Plan, Total assets ($B): 1.562703741 · Participants: 103962H-E-B Partner Stock PlanThe Defined Contribution Plan of the Methodist Hospital, Total assets ($B): 1.093595117 · Participants: 31848The Defined Contribution Plan of the Methodist HospitalAmerican Heart Association, Inc. Qualified Retirement Plan, Total assets ($B): 0.514449309 · Participants: 3779American Heart Association, Inc. Qualified Retirement PlanHaynes and Boone Investment Directed Profit Sharing Plan, Total assets ($B): 0.309725264 · Participants: 1069Haynes and Boone Investment Directed Profit Sharing Plan
Wgs 401(k) Plan vs. nearby Profit Sharing plans in Texas, assets vs. participants
Compare Wgs 401(k) Plan side-by-side with 3 peers →

Wgs 401(k) Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Texas, the nearest Profit Sharing by assets is Fall Creek Farm & Nursery, Inc. 401(k) Profit in OR ($15M); by covered participants it is Omnipure Filter Co. Inc. Profit Sharing Plan in ID (164 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (164 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wgs 401(k) Plan assets move in 2024? ▼
Wgs 401(k) Plan edged up modestly - up 4.8% during 2024, from $14M to $15M. Reported net income was $684K.
How have West Gaines Seed, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Gaines Seed, Inc.'s sponsor-wide assets grew 17.5%, from $13M to $15M.
Which Profit Sharing plans are similar in size to Wgs 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Fall Creek Farm & Nursery, Inc. 401(k) Profit in OR ($15M, 191 participants).
Which Profit Sharing plans cover a similar participant headcount to Wgs 401(k) Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Omnipure Filter Co. Inc. Profit Sharing Plan in ID (164 participants, $11M in assets).

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 752567012.

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.