401(k) · DOL Form 5500 · 2022

Border States Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$165M
Total assets Near avg plan size
2,394
Participants Above avg headcount
95th
Percentile by assets National rank
$68,759
Avg per participant Below avg balance/head
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Official DOL plan name: Border States Electric Supply 401(k) Plan · Sponsored by Border States Industries, Inc. · North Dakota · Wholesale Trade

$165M in assets, 2,394 participants

Border States Industries, Inc.'s Border States Electric Supply 401(k) Plan reported $165M in total assets and 2,394 participants in its 2022 DOL Form 5500 filing, ranking in the 95th 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.

  • #6,593 in Wholesale Trade (6,843 peers)

Coverage in North Dakota

Border States Electric Supply 401(k) Plan covers 2,394 participants in North Dakota, 4.7x the typical North Dakota plan (state average ~504 per filing). Assets: $165M.

#6,593
in Wholesale Trade (6,843 peers)
-3.6%
assets change YoY
1.7×
vs typical plan assets (national mean)

The plan reported a net loss of $16M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Border States Electric Supply 401(k) Plan's outsized position by total assets

Border States Electric Supply 401(k) Plan vs every filed plan by assets

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

$164,609,218 Top 5% higher than 95% 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

Border States Electric Supply 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Border States Electric Supply 401(k) Plan lands in the large band (2,394 participants).

Plan-year Form 5500 strip

Filing strip 450275004 · Border States Industries, Inc. PY 2022 · 401(k)

Border States Electric Supply 401(k) Plan · $165M · 2,394 · 95th

  • SCH $165M
  • SCH 2,394
  • SCH 95th
  • SCH 401(k)
  • SCH near Stride, Inc. 401(k) Plan
  • SCH ind #6593

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 Wholesale Trade retirement plans → · Plans in North Dakota →

Border States Electric Supply 401(k) Plan in the asset neighbourhood

Contract Employee Retirement Savings PlanContract Employee Retirement…$165MBorder States Electric Supply 401(k) PlanBorder States Electric Suppl…$165MStride, Inc. 401(k) Plan$165MZenimax 401(k) Savings Plan$165MCallan LLC Retirement Savings PlanCallan LLC Retirement Saving…$165M
End-of-year total assets ($M) among Border States Electric Supply 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)$171M
Net Assets (End of Year)$163M
Net Income-$16M
Employer EIN450275004
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Border States Industries, Inc.)

Sponsor-wide plan assets over time

All Border States Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 24.35046408252673% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.27B $1.58B ▲ +24.4%
Year Plans Participants Total Assets
2022 2 5,175 $1.3B
2023 2 5,853 $1.4B
2024 2 6,351 $1.6B

Nearby 401(k) Plans in North Dakota

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

Border States Electric Supply 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 0123 Total assets ($B) Participants Border States Electric Supply 401(k) Plan, Total assets ($B): 0.164609218 · Participants: 2394Border States Electric Supply 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
Border States Electric Supply 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Border States Electric Supply 401(k) Plan side-by-side with 3 peers →

Border States Electric Supply 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Stride, Inc. 401(k) Plan in VA ($165M); by covered participants it is Brp Colleague, Inc. 401(k) Plan in FL (2,394 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($165M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,394 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 Border States Electric Supply 401(k) Plan assets move in 2022? ▼
Border States Electric Supply 401(k) Plan edged down modestly - down 3.6% during 2022, from $171M to $165M. Reported net income was -$16M.
How have Border States Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Border States Industries, Inc.'s sponsor-wide assets grew 24.4%, from $1.3B to $1.6B.
Where does Border States Electric Supply 401(k) Plan rank by assets among Form 5500 filers? ▼
Border States Electric Supply 401(k) Plan ranks in the 95th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Border States Electric Supply 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Stride, Inc. 401(k) Plan in VA ($165M, 7,160 participants).
Which 401(k) plans cover a similar participant headcount to Border States Electric Supply 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Brp Colleague, Inc. 401(k) Plan in FL (2,394 participants, $155M 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 450275004.

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.