401(k)
2022 plan-year 401(k) DOL Form 5500

West Side Tractor Sales Co. Profit Sharing Plan

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

Sponsored by West Side Tractor Sales Co. · Illinois · Wholesale Trade

What the 2023 filing shows

West Side Tractor Sales Co. Profit Sharing Plan holds $28M for 265 participants — about $107,047 per participant, down 20.2% over the 2022 plan year.

$28M
total plan assets (2022 EOY)
265
covered participants
$107,047
avg assets per participant
-20.2%
assets change YoY

The plan reported a net loss of $7M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$28M
Participants
265
State
Industry
Wholesale Trade

What the Filing Says About West Side Tractor Sales Co. Profit Sharing Plan

West Side Tractor Sales Co. Profit Sharing Plan is a 401(k) retirement plan sponsored by West Side Tractor Sales Co., headquartered in Illinois. As of the 2022 Form 5500 filing, the plan reports $28M in total end-of-year assets and covers 265 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 362484344, and the plan has been effective since 2007-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $36M at the beginning of 2022 to $28M at year-end — a decline of 20.2%. Net assets (after liabilities) closed the year at $28M, with reported net income of $-7,188,640 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 2 prior plan-year filings 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)$36M
Total Assets (End of Year)$28M
Net Assets (End of Year)$28M
Net Income$-7,188,640
Plan Type401(k)
Employer EIN362484344
Plan Effective Date2007-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Side Tractor Sales Co.)

Year Plans Participants Total Assets
2022 1 265 $28M
2023 1 279 $33M
2024 1 285 $40M

Nearby 401(k) Plans in Illinois

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Frequently Asked Questions

How much money is in the West Side Tractor Sales Co. Profit Sharing Plan?
As of the 2022 Form 5500 filing, West Side Tractor Sales Co. Profit Sharing Plan holds $28M in total assets with 265 participants. It is sponsored by West Side Tractor Sales Co..
What type of plan is West Side Tractor Sales Co. Profit Sharing Plan?
West Side Tractor Sales Co. Profit Sharing Plan is a 401(k) plan. It has been effective since 2007-01-01. The plan is filed with the U.S. Department of Labor under EIN 362484344.
Who sponsors the West Side Tractor Sales Co. Profit Sharing Plan?
West Side Tractor Sales Co. Profit Sharing Plan is sponsored by West Side Tractor Sales Co., located in Illinois. The sponsor's EIN is 362484344 and the plan operates in the Wholesale Trade industry.
How did West Side Tractor Sales Co. Profit Sharing Plan perform in 2022?
West Side Tractor Sales Co. Profit Sharing Plan declined by 20.2% during 2022, moving from $36M to $28M in total assets. Net income was $-7,188,640.
Where can I find official filings for West Side Tractor Sales Co. Profit Sharing Plan?
Official Form 5500 filings for West Side Tractor Sales Co. Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 362484344 or plan name at efast.dol.gov.
How does West Side Tractor Sales Co. Profit Sharing Plan compare to other plans?
You can compare West Side Tractor Sales Co. Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Illinois on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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 362484344.

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.