401(k) · DOL Form 5500 · 2022
Border States Industries, Inc. 401(k) Plan
Data updated 2026-08-11
- $165M
- Total assets
- 2,394
- Participants
- 95th
- Percentile by assets
- $68,759
- Avg per participant
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.
- 95th percentile by assets (of 139,126 plans)
- #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.
- $165M
- total plan assets (2022 EOY)
- 2,394
- covered participants
- 95th
- percentile by assets (of 139,126 plans)
- $68,759
- avg assets per participant
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.
Participants vs North Dakota filers
In North Dakota, the average filing covers about 504 participants across 359 plans. Border States Electric Supply 401(k) Plan reports 2,394 participants - 4.7x that state average ($165M EOY assets).
North Dakota filing particulars
| Total Assets (Beginning of Year) | $171M |
|---|---|
| Net Assets (End of Year) | $163M |
| Net Income | -$16M |
| Employer EIN | 450275004 |
| Plan Effective Date | 2000-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Border States Industries, Inc.)
| 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
- Sanford Retirement Savings Plan $2.4B · 30,145
- Mdu Resources Group, Inc. 401(k) Retirement Plan $1.3B · 8,525
- Dakotas Areawide IBEW-NECA Savings and Retirement Plan $446M · 3,784
- Eide Bailly LLP 401(k) Profit Sharing Plan $411M · 2,612
- Offutt Companies 401(k) Savings Plan $403M · 5,088
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Border States Electric Supply 401(k) Plan by total assets, not by location.
- Stride, Inc. 401(k) Plan (VA) $165M · 7,160
- Zenimax 401(k) Savings Plan (MD) $165M · 1,864
- Callan LLC Retirement Savings Plan (CA) $165M · 188
- Contract Employee Retirement Savings Plan (VA) $165M · 21,425
Frequently Asked Questions
How did Border States Electric Supply 401(k) Plan assets move in 2022? ▼
How have Border States Industries, Inc. plan assets changed over time? ▼
Where does Border States Electric Supply 401(k) Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Border States Electric Supply 401(k) Plan? ▼
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Filing takeaways
Ways to act on Border States Electric Supply 401(k) Plan's numbers.
- By total assets, Border States Electric Supply 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in North Dakota. Compare plans
- Border States Industries, Inc.'s sponsor-wide assets have grown 24.4% since 2022 across 3 plan years on file. More Wholesale Trade plans