ESOP · DOL Form 5500 · 2023

Western State Agency, Inc. ESOP

Data updated 2026-08-11

$45M
Total assets
269
Participants
84th
Percentile by assets
$166,913
Avg per participant
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Official DOL plan name: Western State Agency, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Western State Agency, Inc. · North Dakota · Finance & Insurance

$45M in assets, 269 participants

Western State Agency, Inc.'s Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported $45M in total assets and 269 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

  • 84th percentile by assets (of 127,072 plans)
  • #6,749 in Finance & Insurance (8,869 peers)

Where Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits by assets

Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $45M for 269 participants (~$166,913/participant), down 1.1% in 2023.

$45M
total plan assets (2023 EOY)
269
covered participants
84th
percentile by assets (of 127,072 plans)
$166,913
avg assets per participant

The plan reported a net loss of $512K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Where Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits by total assets

Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$44,899,609 Top 16% higher than 84% of 127,068 filed plans

This plan $0 $2,010,000,000 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 2023

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported net income fell from $6M in the plan year 2022 filing to -$512K in the plan year 2023 filing.
  • Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 256 in the plan year 2022 filing to 269 in the plan year 2023 filing.
  • Western State Agency, Inc. Employee Stock Ownership Plan and Trust end-of-year assets fell from $45M in the plan year 2022 filing to $45M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
North Dakota
Industry
Finance & Insurance

Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs the 2023 asset distribution

By assets, Western State Agency, Inc. Employee Stock Ownership Plan and Trust outranks 84% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 0.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$45M
Net Assets (End of Year)$45M
Net Income-$512K
Employer EIN450106740
Plan Effective Date2000-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western State Agency, Inc.)

$55M$60M$65M$70M$75M$80M 202220232024 $61.2M $76.6M ▲ +25.1%
Total plan assets by year, all Western State Agency, Inc. plans on file
Year Plans Participants Total Assets
2022 2 512 $61M
2023 2 537 $65M
2024 2 573 $77M

Nearby ESOP Plans in North Dakota

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

Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.5 Total assets ($B) Participants Western State Agency…, Total assets ($B): 0.044899609 · Participants: 269Western State Agency…Border States Indust…, Total assets ($B): 1.176759361 · Participants: 2973Border States Indust…Scheels Employee Sto…, Total assets ($B): 0.837710398 · Participants: 4597Scheels Employee Sto…Dakota Supply Group,…, Total assets ($B): 0.229795263 · Participants: 767Dakota Supply Group,…Ulteig, Inc. Employe…, Total assets ($B): 0.158672448 · Participants: 901Ulteig, Inc. Employe…Frontier Precision, …, Total assets ($B): 0.086685795 · Participants: 90Frontier Precision, …
Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in North Dakota, assets vs. participants
Compare Western State Agency, Inc. Employee Stoc… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Western State Agency, Inc. Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Western State Agency, Inc. Employee Stock Ownership Plan and Trust assets move in 2023? ▼
Western State Agency, Inc. Employee Stock Ownership Plan and Trust edged down modestly - down 1.1% during 2023, from $45M to $45M. Reported net income was -$512K.
How have Western State Agency, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western State Agency, Inc.'s sponsor-wide assets grew 25.0%, from $61M to $77M.
Where does Western State Agency, Inc. Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers? ▼
Western State Agency, Inc. Employee Stock Ownership Plan and Trust ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Western State Agency, Inc. Employee Stock Ownership Plan and Trust? ▼
Among ESOP plans in other states, the closest by assets is Southwest Solutions Group, Inc. Employee Stock Ownership Plan in TX ($45M, 123 participants).

Next read for Western State Agency, Inc. Employee Stoc…

Scale reading

Ways to act on Western State Agency, Inc. Employee Stock Ownership Plan and Trust's numbers.

  • By total assets, Western State Agency, Inc. Employee Stock Ownership Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar ESOP plans in North Dakota. Compare plans
  • Western State Agency, Inc.'s sponsor-wide assets have grown 25.0% since 2022 across 3 plan years on file. More Finance & Insurance plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 450106740.

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.