ESOP · DOL Form 5500 · 2022

Wescom, Inc. ESOP

Data updated 2026-08-25

$2M
Total assets Small plan by assets
138
Participants Small participant base
36th
Percentile by assets National rank
$16,686
Avg per participant Low balance/head
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Official DOL plan name: Wescom, Inc. Employee Stock Ownership Plan · Sponsored by Wescom, Inc. · Minnesota · Construction

$2M in assets, 138 participants

Wescom, Inc.'s Wescom, Inc. Employee Stock Ownership Plan reported $2M in total assets and 138 participants in its 2022 DOL Form 5500 filing, ranking in the 36th 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.

  • #3,333 in Construction (9,927 peers)

Coverage in Minnesota

Wescom, Inc. Employee Stock Ownership Plan covers 138 participants in Minnesota, about 12% of the average Minnesota filer (state average ~1,126 per filing). Assets: $2M.

#3,333
in Construction (9,927 peers)
+360.5%
assets growth YoY

Wescom, Inc. Employee Stock Ownership Plan's mid-pack asset rank among Construction and all filers

Wescom, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$2,302,693 36th percentile higher than 36% 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

Wescom, Inc. Employee Stock Ownership 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. Wescom, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (138 participants).

DOL schedule card

Filing strip 460460708 · Wescom, Inc. PY 2022 · ESOP

Wescom, Inc. Employee Stock Ownership Plan · $2M · 138 · 36th

  • TYPE $2M
  • NET 138
  • BOOK 36th
  • VS-ST ESOP
  • BOY near Structured Foundation Repairs Holdings, Inc. Employee Stock Ownership Plan
  • SCH ind #3333

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 Minnesota →

Wescom, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Wescom, Inc. Employee Stock Ownership PlanWescom, Inc. Employee Stock …$2MStructured Foundation Repairs Holdings, Inc. Employee Stock Ownership PlanStructured Foundation Repair…$2MStructured Foundation Repairs Holdings, Inc. Employee Stock Ownership PlanStructured Foundation Repair…$2MPaddock Pool Equipment Company Employee Ownership PlanPaddock Pool Equipment Compa…$2MDevore Aviation Corporation of America Employee Stock Ownership PlanDevore Aviation Corporation …$2M
End-of-year total assets ($M) among Wescom, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Minnesota filing particulars

Total Assets (Beginning of Year)$500K
Net Assets (End of Year)$2M
Net Income$2M
Employer EIN460460708
Plan Effective Date2021-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wescom, Inc.)

Sponsor-wide plan assets over time

All Wescom, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$20M 285.27318652109574% vs 2022
2024 filing year
$0M$5M$10M$15M$20M$25M 202220232024 $5.15M $19.8M ▲ +284.9%
Year Plans Participants Total Assets
2022 2 263 $5M
2023 1 186 $4M
2024 2 492 $20M

Nearby ESOP Plans in Minnesota

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

Wescom, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -50000500010000 -2000200400600800 Total assets ($M) Participants Wescom, Inc. Employee Stock Ownership Plan, Total assets ($M): 2.302693 · Participants: 138Wescom, Inc. Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 646.711049 · Participants: 9416Andersen Corporation Employee Stock Ownership PlanHormel Foods Corporation Joint Earnings Profit Sharing Trust, Total assets ($M): 486.260676 · Participants: 4373Hormel Foods Corporation Joint Earnings Profit Sharing TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 399.591486 · Participants: 801Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 332.65286 · Participants: 359Force America Inc. Employee Stock Ownership PlanPolaris Inc. Employee Stock Ownership Plan, Total assets ($M): 313.049552 · Participants: 7981Polaris Inc. Employee Stock Ownership Plan
Wescom, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Wescom, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Wescom, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Structured Foundation Repairs Holdings, Inc. Employee Stock Ownership Plan in TX ($2M); by covered participants it is Metcut Employee Stock Ownership Trust in OH (138 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Wescom, Inc. Employee Stock Ownership Plan assets move in 2022? ▼
Wescom, Inc. Employee Stock Ownership Plan surged - up 360.5% during 2022, from $500K to $2M. Reported net income was $2M.
How have Wescom, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wescom, Inc.'s sponsor-wide assets grew 285.3%, from $5M to $20M.
Which ESOP plans are similar in size to Wescom, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Structured Foundation Repairs Holdings, Inc. Employee Stock Ownership Plan in TX ($2M, 196 participants).
Which ESOP plans cover a similar participant headcount to Wescom, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Metcut Employee Stock Ownership Trust in OH (138 participants, $26M 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 460460708.

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.