401(k) · DOL Form 5500 · 2023

Western Materials, Inc. 401(k) Plan

Data updated 2026-08-25

$7M
Total assets Small plan by assets
141
Participants Small participant base
50th
Percentile by assets National rank
$47,976
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Western Materials, Inc. Salary Reduction and Saving Plan · Sponsored by Western Materials, Inc. · Washington · Wholesale Trade

$7M in assets, 141 participants

Western Materials, Inc.'s Western Materials, Inc. Salary Reduction and Saving Plan reported $7M in total assets and 141 participants in its 2023 DOL Form 5500 filing, ranking in the 50th 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.

  • #2,518 in Wholesale Trade (6,309 peers)

Coverage in Washington

Western Materials, Inc. Salary Reduction and Saving Plan covers 141 participants in Washington, about 10% of the average Washington filer (state average ~1,476 per filing). Assets: $7M.

#2,518
in Wholesale Trade (6,309 peers)
-13.0%
assets change YoY

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Western Materials, Inc. Salary Reduction and Saving Plan's mid-pack asset rank among Wholesale Trade and all filers

Western Materials, Inc. Salary Reduction and Saving Plan vs every filed plan by assets

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

$6,764,676 Top 50% higher than 50% 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 Materials, Inc. Salary Reduction and Saving Plan 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 Materials, Inc. Salary Reduction and Saving Plan sits mid-pack in the medium band (141 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Western Materials, Inc. Salary Reduction and Saving Plan reported net income rose from -$1M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Western Materials, Inc. Salary Reduction and Saving Plan reported participants rose from 116 in the plan year 2022 filing to 141 in the plan year 2023 filing.
  • Western Materials, Inc. Salary Reduction and Saving Plan end-of-year assets fell from $8M in the plan year 2022 filing to $7M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 910158860 · Western Materials, Inc. PY 2023 · 401(k)

Western Materials, Inc. Salary Reduction and Saving Plan · $7M · 141 · 50th

  • VS-ST $7M
  • VS-ST 141
  • VS-ST 50th
  • VS-ST 401(k)
  • VS-ST near Sscp Management Group 401(k) Plan
  • VS-ST ind #2518

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 Washington →

Western Materials, Inc. Salary Reduction and Saving Plan in the asset neighbourhood

Western Materials, Inc. Salary Reduction and Saving PlanWestern Materials, Inc. Sala…$7MSscp Management Group 401(k) PlanSscp Management Group 401(k)…$7MCleveland University - Kansas City Employees Retirement PlanCleveland University - Kansa…$7MCommunity Catalyst, Inc. Retirement PlanCommunity Catalyst, Inc. Ret…$7MMaple City Health Care Center, Inc. 401(k) PlanMaple City Health Care Cente…$7M
End-of-year total assets ($M) among Western Materials, Inc. Salary Reduction and Saving Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Washington filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$7M
Net Income-$1M
Employer EIN910158860
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western Materials, Inc.)

Sponsor-wide plan assets over time

All Western Materials, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$8M 56.38358940878858% vs 2022
2024 filing year
$5M$10M$15M$20M$25M 202220232024 $18.5M $8.05M ▼ -56.4%
Year Plans Participants Total Assets
2022 2 522 $18M
2023 2 515 $19M
2024 1 156 $8M

Nearby 401(k) Plans in Washington

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

Western Materials, Inc. Salary Reduction and Saving Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000250000 -20020406080 Total assets ($B) Participants Western Materials, Inc. Salary Reduction and Saving Plan, Total assets ($B): 0.006764676 · Participants: 141Western Materials, Inc. Salary Reduction and Saving PlanThe Boeing Company 401(k) Retirement Plan, Total assets ($B): 72.246135158 · Participants: 128910The Boeing Company 401(k) Retirement PlanMicrosoft Corporation Savings Plus 401(k) Plan, Total assets ($B): 53.225853429 · Participants: 123296Microsoft Corporation Savings Plus 401(k) PlanCostco 401(k) Retirement Plan, Total assets ($B): 33.384845813 · Participants: 192744Costco 401(k) Retirement PlanT-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust, Total assets ($B): 8.338937292 · Participants: 71538T-Mobile USA, Inc. 401(k) Retirement Savings Plan & Trust401(k) Savings Plan, Total assets ($B): 8.118808679 · Participants: 87590401(k) Savings Plan
Western Materials, Inc. Salary Reduction and Saving Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Western Materials, Inc. Salary Reduction and Saving Plan's out-of-state 401(k) peers by assets and headcount

Outside Washington, the nearest 401(k) by assets is Sscp Management Group 401(k) Plan in TX ($7M); by covered participants it is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (141 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 Materials, Inc. Salary Reduction and Saving Plan assets move in 2023?
Western Materials, Inc. Salary Reduction and Saving Plan pulled back noticeably - down 13.0% during 2023, from $8M to $7M. Reported net income was -$1M.
How have Western Materials, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Western Materials, Inc.'s sponsor-wide assets declined 56.4%, from $18M to $8M.
Which 401(k) plans are similar in size to Western Materials, Inc. Salary Reduction and Saving Plan?
Among 401(k) plans in other states, the closest by assets is Sscp Management Group 401(k) Plan in TX ($7M, 2,928 participants).
Which 401(k) plans cover a similar participant headcount to Western Materials, Inc. Salary Reduction and Saving Plan?
Among 401(k) plans in other states, the closest by covered participants is Dytran Instruments, Inc. Retirement Savings Plan in CA (141 participants, N/A in assets).