West Development LLC401(k)
WEST DEVELOPMENT LLC 401(K) PROFIT SHARING PLAN AND TRUST · CARLSBAD, CA · plan year 2024
West Development LLC's 2024 Form 5500 did not separately report plan administrative expenses, which is common where recordkeeping is paid through investment revenue-sharing or a master trust. The plan held $8,786,439 across 253 participant accounts, with employer contributions averaging $1,426 per active participant. See methodology for what Form 5500 does and doesn't capture.
The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in California (5,800th of 9,483), and 1,194th of 2,096 in real estate & leasing. In 2024, employees put in $1.82 for every $1.00 the employer contributed; active participation has grown from 178 to 237 since 2022.
West Development LLC's 2024 employer contribution ran above the $1,313 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.
Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.
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Source: U.S. Department of Labor, Form 5500 series, EIN 262719893 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.