401(k) · DOL Form 5500 · 2023

Western National Mutual Insurance Co 401(k) Plan

Data updated 2026-08-25

$118M
Total assets Near avg plan size
693
Participants Below avg headcount
92nd
Percentile by assets National rank
$170,618
Avg per participant Above avg balance/head
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Official DOL plan name: Western National Salary Accumulation Program · Sponsored by Western National Mutual Insurance Co · Minnesota · Finance & Insurance

$118M in assets, 693 participants

Western National Mutual Insurance Co's Western National Salary Accumulation Program reported $118M in total assets and 693 participants in its 2023 DOL Form 5500 filing, ranking in the 92nd 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.

  • #7,818 in Finance & Insurance (8,869 peers)

Where Western National Salary Accumulation Program sits by assets

Western National Salary Accumulation Program sits in the top 10% of all filed plans by assets, $118M for 693 participants (~$170,618/participant), up 19.2% in 2023.

#7,818
in Finance & Insurance (8,869 peers)
+19.2%
assets growth YoY
1.2×
vs typical plan assets (national mean)

Western National Salary Accumulation Program's outsized position by total assets

Western National Salary Accumulation Program vs every filed plan by assets

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

$118,238,149 Top 8% higher than 92% of 127,068 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 2023

Western National Salary Accumulation Program among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western National Salary Accumulation Program sits mid-pack in the medium band (693 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Western National Salary Accumulation Program reported net income rose from -$20M in the plan year 2022 filing to $19M in the plan year 2023 filing.
  • Western National Salary Accumulation Program end-of-year assets rose from $99M in the plan year 2022 filing to $118M in the plan year 2023 filing.
  • Western National Salary Accumulation Program reported participants fell from 732 in the plan year 2022 filing to 693 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 410430825 · Western National Mutual Insurance Co PY 2023 · 401(k)

Western National Salary Accumulation Program · $118M · 693 · 92nd

  • BOY $118M
  • BOY 693
  • BOY 92nd
  • BOY 401(k)
  • BOY near Arkema Inc. Retirement Savings (401(k)) Plan for Collectively Bargained Employees
  • BOY ind #7818

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 Finance & Insurance retirement plans → · Plans in Minnesota →

Western National Salary Accumulation Program in the asset neighbourhood

Western National Salary Accumulation ProgramWestern National Salary Accu…$118MArkema Inc. Retirement Savings (401(k)) Plan for Collectively Bargained EmployeesArkema Inc. Retirement Savin…$118MMidwest Veterinary Partners 401(k) PlanMidwest Veterinary Partners …$118MRetirement Savings Plan for Employees of Seacoast National BankRetirement Savings Plan for …$118MIndependent Financial 401(k) Profit Sharing PlanIndependent Financial 401(k)…$118M
End-of-year total assets ($M) among Western National Salary Accumulation Program and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$99M
Net Assets (End of Year)$118M
Net Income$19M
Employer EIN410430825
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western National Mutual Insurance Co)

Sponsor-wide plan assets over time

All Western National Mutual Insurance Co plans reported in each filing year

Latest sponsor-wide plan assets
$134M 35.34930224511832% vs 2022
2024 filing year
$80M$100M$120M$140M 202220232024 $99.2M $134M ▲ +35.4%
Year Plans Participants Total Assets
2022 1 732 $99M
2023 1 693 $118M
2024 1 763 $134M

Nearby 401(k) Plans in Minnesota

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

Western National Salary Accumulation Program vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Western National Salary Accumulation Program, Total assets ($B): 0.118238149 · Participants: 693Western National Salary Accumulation ProgramUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Western National Salary Accumulation Program vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Western National Salary Accumulation Program side-by-side with 3 peers →

Western National Salary Accumulation Program's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Arkema Inc. Retirement Savings (401(k)) Plan for Collectively Bargained Employees in PA ($118M); by covered participants it is Thompson Industrial Services, LLC 401(k) Profit Sharing Plan in SC (693 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (693 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Western National Salary Accumulation Program assets move in 2023? ▼
Western National Salary Accumulation Program grew sharply - up 19.2% during 2023, from $99M to $118M. Reported net income was $19M.
How have Western National Mutual Insurance Co plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western National Mutual Insurance Co's sponsor-wide assets grew 35.3%, from $99M to $134M.
Where does Western National Salary Accumulation Program rank by assets among Form 5500 filers? ▼
Western National Salary Accumulation Program ranks in the 92nd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Western National Salary Accumulation Program? ▼
Among 401(k) plans in other states, the closest by assets is Arkema Inc. Retirement Savings (401(k)) Plan for Collectively Bargained Employees in PA ($118M, 386 participants).
Which 401(k) plans cover a similar participant headcount to Western National Salary Accumulation Program? ▼
Among 401(k) plans in other states, the closest by covered participants is Thompson Industrial Services, LLC 401(k) Profit Sharing Plan in SC (693 participants, N/A in assets).

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 410430825.

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.