401(k) · DOL Form 5500 · 2022

Western Products, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
160
Participants Small participant base
64th
Percentile by assets National rank
$58,759
Avg per participant Low balance/head
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Official DOL plan name: Western Products, Inc. 401(k) Plan · Sponsored by Western Products, Inc. · North Dakota · Manufacturing

$9M in assets, 160 participants

Western Products, Inc.'s Western Products, Inc. 401(k) Plan reported $9M in total assets and 160 participants in its 2022 DOL Form 5500 filing, ranking in the 64th 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.

  • #10,436 in Manufacturing (20,602 peers)

Coverage in North Dakota

Western Products, Inc. 401(k) Plan covers 160 participants in North Dakota, about 32% of the average North Dakota filer (state average ~504 per filing). Assets: $9M.

#10,436
in Manufacturing (20,602 peers)
-26.0%
assets change YoY

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.

Western Products, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Western Products, Inc. 401(k) Plan vs every filed plan by assets

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

$9,401,398 Top 36% higher than 64% 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 Products, Inc. 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. Western Products, Inc. 401(k) Plan sits mid-pack in the medium band (160 participants).

DOL schedule card

Filing strip 450438998 · Western Products, Inc. PY 2022 · 401(k)

Western Products, Inc. 401(k) Plan · $9M · 160 · 64th

  • IND $9M
  • IND 160
  • IND 64th
  • IND 401(k)
  • IND near Capitol Iron Works, Inc. 401(k)Plan
  • IND ind #10436

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 Manufacturing retirement plans → · Plans in North Dakota →

Western Products, Inc. 401(k) Plan in the asset neighbourhood

Western Products, Inc. 401(k) PlanWestern Products, Inc. 401(k…$9MCapitol Iron Works, Inc. 401(k)PlanCapitol Iron Works, Inc. 401…$9MAlpin Haus Ski Shop, Inc. 401(k) Profit Sharing PlanAlpin Haus Ski Shop, Inc. 40…$9MId.Me, Inc 401(k)$9MPease Bell Cpas, LLC 401(k) Profit Sharing PlanPease Bell Cpas, LLC 401(k) …$9M
End-of-year total assets ($M) among Western Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

North Dakota filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$9M
Net Income-$3M
Employer EIN450438998
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western Products, Inc.)

Sponsor-wide plan assets over time

All Western Products, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$13M 42.523697007615255% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.4M $13.4M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 160 $9M
2023 1 138 $11M
2024 1 178 $13M

Nearby 401(k) Plans in North Dakota

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

Western Products, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -10123 Total assets ($B) Participants Western Products, Inc. 401(k) Plan, Total assets ($B): 0.009401398 · Participants: 160Western Products, Inc. 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 2.448470251 · Participants: 30145Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 1.321268405 · Participants: 8525Mdu Resources Group, Inc. 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.446081759 · Participants: 3784Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.410790544 · Participants: 2612Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.402778064 · Participants: 5088Offutt Companies 401(k) Savings Plan
Western Products, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

Western Products, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Capitol Iron Works, Inc. 401(k)Plan in CA ($9M); by covered participants it is Apple Care, LLC 401(k) Plan in GA (160 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (160 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 Products, Inc. 401(k) Plan assets move in 2022?
Western Products, Inc. 401(k) Plan declined sharply - down 26.0% during 2022, from $13M to $9M. Reported net income was -$3M.
How have Western Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Western Products, Inc.'s sponsor-wide assets grew 42.5%, from $9M to $13M.
Which 401(k) plans are similar in size to Western Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Capitol Iron Works, Inc. 401(k)Plan in CA ($9M, 6 participants).
Which 401(k) plans cover a similar participant headcount to Western Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Apple Care, LLC 401(k) Plan in GA (160 participants, N/A in assets).