401(k) · DOL Form 5500 · 2022
Bankwest, Inc. 401(k) Plan
Data updated 2026-08-25
- $53M
- Total assets Below avg plan size
- 353
- Participants Below avg headcount
- 88th
- Percentile by assets National rank
- $149,619
- Avg per participant Above avg balance/head
Official DOL plan name: Bankwest 401(k) Plan · Sponsored by Bankwest, Inc. · South Dakota · Finance & Insurance
$53M in assets, 353 participants
Bankwest, Inc.'s Bankwest 401(k) Plan reported $53M in total assets and 353 participants in its 2022 DOL Form 5500 filing, ranking in the 88th 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.
- #7,539 in Finance & Insurance (9,261 peers)
Where Bankwest 401(k) Plan sits by assets
Bankwest 401(k) Plan sits in the top quartile of all filed plans by assets, $53M for 353 participants (~$149,619/participant), down 6.0% in 2022.
- #7,539
- in Finance & Insurance (9,261 peers)
- -6.0%
- assets change YoY
- 0.5×
- vs typical plan assets (national mean)
The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Bankwest 401(k) Plan's outsized position by total assets
Bankwest 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$52,815,520 Top 12% higher than 88% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
Bankwest 401(k) Plan among mid-size filed plans by headcount
Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Bankwest 401(k) Plan sits mid-pack in the medium band (353 participants).
Plan-year Form 5500 strip
Filing strip 460177475 · Bankwest, Inc. PY 2022 · 401(k)
Bankwest 401(k) Plan · $53M · 353 · 88th
- 5500 $53M
- ASSETS 353
- PCT 88th
- EIN 401(k)
- RANK near Clean Energy 401(k) Plan
- PHOTO ind #7539
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 South Dakota →
Bankwest 401(k) Plan in the asset neighbourhood
Scale-class filing particulars (2022)
| Total Assets (Beginning of Year) | $56M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | -$3M |
| Employer EIN | 460177475 |
| Plan Effective Date | 1989-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Bankwest, Inc.)
Sponsor-wide plan assets over time
All Bankwest, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $59M 11.385219723293456% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 353 | $53M |
| 2023 | 1 | 354 | $56M |
| 2024 | 1 | 370 | $59M |
Nearby 401(k) Plans in South Dakota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Black Hills Corporation 401(k) Retirement Savings Plan $615M · 2,873
- Good Samaritan Society 401(k) Plan $212M · 13,988
- Daktronics, Inc. 401(k) Plan $189M · 2,033
- Premier 401(k) Plan $184M · 1,883
- Poet Biorefining 401(k) Plan $172M · 2,022
Bankwest 401(k) Plan's out-of-state 401(k) peers by assets and headcount
Outside South Dakota, the nearest 401(k) by assets is Clean Energy 401(k) Plan in CA ($53M); by covered participants it is Mintel Group Ltd. Employees' 401(k) Retirement Plan in IL (353 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($53M here).
- Clean Energy 401(k) Plan (CA) $53M · 421
- Encompass Digital Media 401(k) Plan (GA) $53M · 591
- Marathon Health, LLC. 401(k) Plan (VT) $53M · 1,235
- Lincoln Industries 401(k) Retirement Savings Plan (NE) $53M · 573
Similar participant headcount
Nearest other-state filings by covered participants (353 participants); asset peers above are excluded.
DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.