Western States Bank 401(k) Plan (terminated 2022): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2022. If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

Western States Bank 401(k) Plan Facts (plan year 2022)

Plan name
WESTERN STATES BANK 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WESTERN STATES BANK
Participants
117
Employer contributions
$32,260 in plan year 2022 (27% of all contributions)
Recordkeeper
Great-west Life & Annuity Insurance
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Jan 1, 1990
✓ Employer contributions— Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Sep 14, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $120,730 went into the plan in contributions, $32,260 of it from the employer (27%).
  • $6.12 million was paid out to participants.

How the Western States Bank 401(k) changed, 2017–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2017 (final)43$0$0$0
2018152$5.82 million$206,048$1.64 million
2019172$6.29 million$198,148$935,936
2020163$6.81 million$192,805$864,672
2021162$6.59 million$170,513$1.50 million
2022 (final)117$0$32,260$6.12 million

Western States Bank 401(k) Contact Information

Phone
402-602-8457
Mailing address
C/O FIRST NATIONAL BANK OF OMAHA 1620 DODGE STREET, STOP 3390, OMAHA NE 68197
Plan sponsor
WESTERN STATES BANK
Employer identification number (EIN)
20-5381849
Plan number
001

Questions about the Western States Bank 401(k)

Is the Western States Bank 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2022.

Does Western States Bank contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $32,260, 27% of all contributions.

Does the Western States Bank 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Western States Bank 401(k) plan?

117 participants at the start of plan year 2022.

Who manages the Western States Bank 401(k) accounts?

Empower (listed on the filing as GREAT-WEST LIFE & ANNUITY INSURANCE) is the plan's recordkeeper, which is where participants log in to see their balance.

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