ESOP · DOL Form 5500 · 2023

Westpak, Inc. ESOP

Data updated 2026-08-11

$14M
Total assets
71
Participants
66th
Percentile by assets
$201,617
Avg per participant
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Official DOL plan name: Westpak Employee Stock Ownership Plan · Sponsored by Westpak, Inc. · California · Professional & Technical Services

$14M in assets, 71 participants

Westpak, Inc.'s Westpak Employee Stock Ownership Plan reported $14M in total assets and 71 participants in its 2023 DOL Form 5500 filing, ranking in the 66th 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.

  • 66th percentile by assets (of 127,072 plans)
  • #13,320 in Professional & Technical Services (20,321 peers)

Westpak, Inc. multi-year trail

Westpak, Inc.'s plans moved +24.7% in assets from 2022 to 2024; this filing shows Westpak Employee Stock Ownership Plan at $14M / 71 participants.

$14M
total plan assets (2023 EOY)
71
covered participants
66th
percentile by assets (of 127,072 plans)
$201,617
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westpak Employee Stock Ownership Plan reported net income fell from $1M in the plan year 2022 filing to $203K in the plan year 2023 filing.
  • Westpak Employee Stock Ownership Plan end-of-year assets rose from $12M in the plan year 2022 filing to $14M in the plan year 2023 filing.
  • Westpak Employee Stock Ownership Plan reported participants rose from 64 in the plan year 2022 filing to 71 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Westpak, Inc. across 3 plan years on file

Across the 3 plan years Westpak, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $21M to $27M, a gain of 24.7%, while reported participants moved from 141 to 170 (+20.6%). Peak year by sponsor assets: 2024 ($27M); trough: 2022 ($21M).

Westpak, Inc. multi-year asset trail

$20M$22M$24M$26M$28M 202220232024 $21.5M $26.8M ▲ +24.7%
Total plan assets by year, all Westpak, Inc. plans on file
Year Plans Participants Total Assets
2022 2 141 $21M
2023 2 154 $26M
2024 2 170 $27M

Westpak, Inc. filing trail (2023)

Total Assets (Beginning of Year)$14M
Net Assets (End of Year)$13M
Net Income$203K
Employer EIN770124169
Plan Effective Date2013-07-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in California

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

Westpak Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Westpak Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants Scatter plot of 6 data points. -20000200040006000800010000 -101234 Total assets ($B) Participants Westpak Employee Sto…Parsons Employee Sto…Acco Employee Stock …Rosendin Electric, I…Agron, Inc. Employee…Recology Employee St…
Westpak Employee Stock Ownership Plan vs. nearby ESOP plans in California, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Westpak Employee Stock Ownership Plan by total assets, not by location.

Frequently Asked Questions

How did Westpak Employee Stock Ownership Plan assets move in 2023?
Westpak Employee Stock Ownership Plan held essentially flat - down 0.3% during 2023, from $14M to $14M. Reported net income was $203K.
How have Westpak, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Westpak, Inc.'s sponsor-wide assets grew 24.7%, from $21M to $27M.
Which ESOP plans are similar in size to Westpak Employee Stock Ownership Plan?
Among ESOP plans in other states, the closest by assets is Chris R. Sheridan & Co. Employee Stock Ownership Plan in GA ($14M, 48 participants).

Next read for Westpak Employee Stock Ownership Plan

Multi-year trail

Ways to act on Westpak Employee Stock Ownership Plan's numbers.