401(k) Β· DOL Form 5500 Β· 2022

Macpherson Western Tool & Supply Co., Inc. 401(k) Plan

ERISA Form 5500 plan record drawn from DOL EBSA, verify with linked source filings below.

$8M
Total assets
196
Participants
40th
Percentile by assets

Sponsored by Macpherson Western Tool & Supply Co., Inc. Β· California Β· Wholesale Trade

What the 2022 filing shows

Macpherson Western Tool & Supply Co., Inc. 401(k) Plan holds $8M for 196 participants - about $42,634 per participant, in the lower half of filed plans by assets, down 19.9% over the 2022 plan year.

$8M
total plan assets (2022 EOY)
196
covered participants
40th
percentile by assets (of 84,055 plans)
$42,634
avg assets per participant

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$8M
Participants
196
State
Industry
Wholesale Trade

What the Filing Says About Macpherson Western Tool & Supply Co., Inc. 401(k) Plan

Macpherson Western Tool & Supply Co., Inc. 401(k) Plan is a 401(k) retirement plan sponsored by Macpherson Western Tool & Supply Co., Inc., headquartered in California. As of the 2022 Form 5500 filing, the plan reports $8M in total end-of-year assets and covers 196 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 941492715, and the plan has been effective since 1996-11-30. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $10M at the beginning of 2022 to $8M at year-end - a decline of 19.9%. Net assets (after liabilities) closed the year at $8M, with reported net income of $-2,082,243 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$8M
Net Assets (End of Year)$8M
Net Income$-2,082,243
Plan Type401(k)
Employer EIN941492715
Plan Effective Date1996-11-30
Filing StatusFILING RECEIVED

Sponsor Plan History (Macpherson Western Tool & Supply Co., Inc.)

Year Plans Participants Total Assets
2022 1 196 $8M
2023 1 201 $10M

Nearby 401(k) Plans in California

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Frequently Asked Questions

How much money is in the Macpherson Western Tool & Supply Co., Inc. 401(k) Plan?
As of the 2022 Form 5500 filing, Macpherson Western Tool & Supply Co., Inc. 401(k) Plan holds $8M in total assets with 196 participants. It is sponsored by Macpherson Western Tool & Supply Co., Inc..
What type of plan is Macpherson Western Tool & Supply Co., Inc. 401(k) Plan?
Macpherson Western Tool & Supply Co., Inc. 401(k) Plan is a 401(k) plan. It has been effective since 1996-11-30. The plan is filed with the U.S. Department of Labor under EIN 941492715.
Who sponsors the Macpherson Western Tool & Supply Co., Inc. 401(k) Plan?
Macpherson Western Tool & Supply Co., Inc. 401(k) Plan is sponsored by Macpherson Western Tool & Supply Co., Inc., located in California. The sponsor's EIN is 941492715 and the plan operates in the Wholesale Trade industry.
How did Macpherson Western Tool & Supply Co., Inc. 401(k) Plan perform in 2022?
Macpherson Western Tool & Supply Co., Inc. 401(k) Plan declined by 19.9% during 2022, moving from $10M to $8M in total assets. Net income was $-2,082,243.
Where can I find official filings for Macpherson Western Tool & Supply Co., Inc. 401(k) Plan?
Official Form 5500 filings for Macpherson Western Tool & Supply Co., Inc. 401(k) Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 941492715 or plan name at efast.dol.gov.
How does Macpherson Western Tool & Supply Co., Inc. 401(k) Plan compare to other plans?
You can compare Macpherson Western Tool & Supply Co., Inc. 401(k) Plan against other 401(k) plans on the plan type page, or view plans in California on the state page. PlainRetire tracks all 133,317 ERISA-covered retirement plans in the U.S. that filed a Form 5500 for the 2023 plan year.

Explore PlainRetire

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 941492715.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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