ESOP · DOL Form 5500 · 2022

Western State Agency, Inc. ESOP

Data updated 2026-08-25

$45M
Total assets Below avg plan size
256
Participants Below avg headcount
87th
Percentile by assets National rank
$177,389
Avg per participant Above avg balance/head
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Official DOL plan name: Western State Agency, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Western State Agency, Inc. · North Dakota · Finance & Insurance

$45M in assets, 256 participants

Western State Agency, Inc.'s Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported $45M in total assets and 256 participants in its 2022 DOL Form 5500 filing, ranking in the 87th 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.

  • #7,357 in Finance & Insurance (9,261 peers)

Where Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits by assets

Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $45M for 256 participants (~$177,389/participant), up 15.4% in 2022.

#7,357
in Finance & Insurance (9,261 peers)
+15.4%
assets growth YoY
0.5×
vs typical plan assets (national mean)

Western State Agency, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets

Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$45,411,608 Top 13% higher than 87% of 139,123 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 2022

Western State Agency, Inc. Employee Stock Ownership Plan and Trust 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. Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (256 participants).

DOL schedule card

Filing strip 450106740 · Western State Agency, Inc. PY 2022 · ESOP

Western State Agency, Inc. Employee Stock Ownership Plan and Trust · $45M · 256 · 87th

  • BOY $45M
  • SCH 256
  • EBSA 87th
  • PART ESOP
  • TYPE near Mjw Consolidated, Inc. Employee Stock Ownership Plan
  • NET ind #7357

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 What is an ESOP? → · Plans in North Dakota →

Western State Agency, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood

Span Employee Stock Ownership PlanSpan Employee Stock Ownershi…$46MWestern State Agency, Inc. Employee Stock Ownership Plan and TrustWestern State Agency, Inc. E…$45MMjw Consolidated, Inc. Employee Stock Ownership PlanMjw Consolidated, Inc. Emplo…$45MLerch Bates Inc. Employee Stock Ownership Plan and TrustLerch Bates Inc. Employee St…$45MThermoflex Corp. Employee Stock Ownership PlanThermoflex Corp. Employee St…$45M
End-of-year total assets ($M) among Western State Agency, Inc. Employee Stock Ownership Plan and Trust and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$39M
Net Assets (End of Year)$45M
Net Income$6M
Employer EIN450106740
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western State Agency, Inc.)

Sponsor-wide plan assets over time

All Western State Agency, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$77M 25.04964505411577% vs 2022
2024 filing year
$55M$60M$65M$70M$75M$80M 202220232024 $61.2M $76.6M ▲ +25.1%
Year Plans Participants Total Assets
2022 2 512 $61M
2023 2 537 $65M
2024 2 573 $77M

Nearby ESOP Plans in North Dakota

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

Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 01000200030004000 -0.500.511.5 Total assets ($B) Participants Western State Agency, Inc. Employee Stock Ownership Plan and Trust, Total assets ($B): 0.045411608 · Participants: 256Western State Agency, Inc. Employee Stock Ownership Plan and TrustBorder States Industries, Inc. Employee Stock Ownership Plan, Total assets ($B): 1.106185018 · Participants: 2781Border States Industries, Inc. Employee Stock Ownership PlanScheels Employee Stock Ownership Plan, Total assets ($B): 0.761655102 · Participants: 3187Scheels Employee Stock Ownership PlanDakota Supply Group, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.234297255 · Participants: 616Dakota Supply Group, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership PlanUlteig, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.137364473 · Participants: 778Ulteig, Inc. Employee Stock Ownership Plan
Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Western State Agency, Inc. Employee Stock Ownership Plan and Trust side-by-side with 3 peers →

Western State Agency, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount

Outside North Dakota, the nearest ESOP by assets is Mjw Consolidated, Inc. Employee Stock Ownership Plan in FL ($45M); by covered participants it is Mid-America Apartment Communities, Inc. Employees' Stock Ownership Plan in TN (256 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (256 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.

Frequently Asked Questions

How did Western State Agency, Inc. Employee Stock Ownership Plan and Trust assets move in 2022? ▼
Western State Agency, Inc. Employee Stock Ownership Plan and Trust grew sharply - up 15.4% during 2022, from $39M to $45M. Reported net income was $6M.
How have Western State Agency, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western State Agency, Inc.'s sponsor-wide assets grew 25.0%, from $61M to $77M.
Where does Western State Agency, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Western State Agency, Inc. Employee Stock Ownership Plan and Trust ranks in the 87th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Western State Agency, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Mjw Consolidated, Inc. Employee Stock Ownership Plan in FL ($45M, 112 participants).
Which ESOP plans cover a similar participant headcount to Western State Agency, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by covered participants is Mid-America Apartment Communities, Inc. Employees' Stock Ownership Plan in TN (256 participants, $19M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450106740.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.