401(k) · DOL Form 5500 · 2024

West Gate Bank 401(k) Plan

Data updated 2026-08-25

$22M
Total assets Small plan by assets
209
Participants Below avg headcount
72nd
Percentile by assets National rank
$104,590
Avg per participant Below avg balance/head
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Official DOL plan name: West Gate Bank Profit Sharing 401(k) Plan · Sponsored by West Gate Bank · Nebraska · Finance & Insurance

$22M in assets, 209 participants

West Gate Bank's West Gate Bank Profit Sharing 401(k) Plan reported $22M in total assets and 209 participants in its 2024 DOL Form 5500 filing, ranking in the 72nd 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.

  • #4,912 in Finance & Insurance (8,549 peers)

Coverage in Nebraska

West Gate Bank Profit Sharing 401(k) Plan covers 209 participants in Nebraska, about 38% of the average Nebraska filer (state average ~552 per filing). Assets: $22M.

#4,912
in Finance & Insurance (8,549 peers)
+21.9%
assets growth YoY

West Gate Bank Profit Sharing 401(k) Plan's outsized position by total assets

West Gate Bank Profit Sharing 401(k) Plan vs every filed plan by assets

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

$21,859,376 Top 28% higher than 72% 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

West Gate Bank Profit Sharing 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. West Gate Bank Profit Sharing 401(k) Plan sits mid-pack in the medium band (209 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • West Gate Bank Profit Sharing 401(k) Plan reported net income rose from $3M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • West Gate Bank Profit Sharing 401(k) Plan end-of-year assets rose from $18M in the plan year 2023 filing to $22M in the plan year 2024 filing.
  • West Gate Bank Profit Sharing 401(k) Plan reported participants fell from 226 in the plan year 2023 filing to 209 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 470523112 · West Gate Bank PY 2024 · 401(k)

West Gate Bank Profit Sharing 401(k) Plan · $22M · 209 · 72nd

  • EOY $22M
  • EOY 209
  • EOY 72nd
  • EOY 401(k)
  • EOY near Tunnell Companies, L.P. 401(k) Profit Sharing Plan
  • EOY ind #4912

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 Finance & Insurance retirement plans → · Plans in Nebraska →

West Gate Bank Profit Sharing 401(k) Plan in the asset neighbourhood

West Gate Bank Profit Sharing 401(k) PlanWest Gate Bank Profit Sharin…$22MTunnell Companies, L.P. 401(k) Profit Sharing PlanTunnell Companies, L.P. 401(…$22MFourth Retirement Savings PlanFourth Retirement Savings Pl…$22MModern Method Gunite, Inc. 401(k) Profit Sharing PlanModern Method Gunite, Inc. 4…$22MArizona Pulmonary Specialists, Ltd. Savings PlanArizona Pulmonary Specialist…$22M
End-of-year total assets ($M) among West Gate Bank Profit Sharing 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Nebraska filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$22M
Net Income$4M
Employer EIN470523112
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Gate Bank)

Sponsor-wide plan assets over time

All West Gate Bank plans reported in each filing year

Latest sponsor-wide plan assets
$22M 42.30557629186522% vs 2022
2024 filing year
$14M$16M$18M$20M$22M$24M 202220232024 $15.4M $21.9M ▲ +42.3%
Year Plans Participants Total Assets
2022 1 214 $15M
2023 1 226 $18M
2024 1 209 $22M

Nearby 401(k) Plans in Nebraska

Peer 401(k) plans, same state, same plan type, ranked by total assets.

West Gate Bank Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -20246810 Total assets ($B) Participants West Gate Bank Profit Sharing 401(k) Plan, Total assets ($B): 0.021859376 · Participants: 209West Gate Bank Profit Sharing 401(k) PlanHdr, Inc. Best Plan and ESOP, Total assets ($B): 7.698378085 · Participants: 11460Hdr, Inc. Best Plan and ESOPPeter Kiewit Sons, Inc. Retirement Savings Plan, Total assets ($B): 2.800326806 · Participants: 17030Peter Kiewit Sons, Inc. Retirement Savings PlanUnion Pacific Agreement Employee 401(k) Retirement Thrift Plan, Total assets ($B): 2.389799139 · Participants: 28813Union Pacific Agreement Employee 401(k) Retirement Thrift PlanUnion Pacific Corporation Thrift Plan, Total assets ($B): 2.304431309 · Participants: 5350Union Pacific Corporation Thrift PlanFirst National of Nebraska, Inc. First Savings Plan, Total assets ($B): 1.045428819 · Participants: 4950First National of Nebraska, Inc. First Savings Plan
West Gate Bank Profit Sharing 401(k) Plan vs. nearby 401(k) plans in Nebraska, assets vs. participants

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

Outside Nebraska, the nearest 401(k) by assets is Tunnell Companies, L.P. 401(k) Profit Sharing Plan in DE ($22M); by covered participants it is Del Amo Motorsports 401(k) Profit Sharing Plan in CA (209 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (209 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 West Gate Bank Profit Sharing 401(k) Plan assets move in 2024?
West Gate Bank Profit Sharing 401(k) Plan grew sharply - up 21.9% during 2024, from $18M to $22M. Reported net income was $4M.
How have West Gate Bank plan assets changed over time?
Across 3 plan years on file (2022-2024), West Gate Bank's sponsor-wide assets grew 42.3%, from $15M to $22M.
Which 401(k) plans are similar in size to West Gate Bank Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Tunnell Companies, L.P. 401(k) Profit Sharing Plan in DE ($22M, 227 participants).
Which 401(k) plans cover a similar participant headcount to West Gate Bank Profit Sharing 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Del Amo Motorsports 401(k) Profit Sharing Plan in CA (209 participants, $291K in assets).