Profit Sharing · DOL Form 5500 · 2023

Western Grinding Service, Inc. Profit Sharing Plan

Data updated 2026-08-11

$3M
Total assets
4
Participants
33rd
Percentile by assets
$625,890
Avg per participant
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Official DOL plan name: Western Grinding Service, Inc., Profit Sharing Plan · Sponsored by Western Grinding Service, Inc. · California · Manufacturing

$3M in assets, 4 participants

Western Grinding Service, Inc.'s Western Grinding Service, Inc., Profit Sharing Plan reported $3M in total assets and 4 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • 33rd percentile by assets (of 127,072 plans)
  • #3,206 in Manufacturing (18,722 peers)

Western Grinding Service, Inc. multi-year trail

Western Grinding Service, Inc.'s plans moved +31.0% in assets from 2022 to 2024; this filing shows Western Grinding Service, Inc., Profit Sharing Plan at $3M / 4 participants.

$3M
total plan assets (2023 EOY)
4
covered participants
33rd
percentile by assets (of 127,072 plans)
$625,890
avg assets per participant

Where Western Grinding Service, Inc., Profit Sharing Plan sits by total assets

Western Grinding Service, Inc., Profit Sharing Plan vs every filed plan by assets

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

$2,503,561 33rd percentile higher than 33% 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 Grinding Service, Inc., Profit Sharing Plan reported net income rose from -$547K in the plan year 2022 filing to $327K in the plan year 2023 filing.
  • Western Grinding Service, Inc., Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.

See the national 2022→2023 release diff →

State
Industry

Western Grinding Service, Inc. across 3 plan years on file

Across the 3 plan years Western Grinding Service, Inc. has on file (2022-2024), sponsor-wide plan assets have moved from $2M to $3M, a gain of 31.0%, while reported participants moved from 4 to 4 (+0.0%). Peak year by sponsor assets: 2024 ($3M); trough: 2022 ($2M).

Western Grinding Service, Inc. multi-year asset trail

$2M$2.5M$3M 202220232024 $2.18M $2.85M ▲ +30.7%
Total plan assets by year, all Western Grinding Service, Inc. plans on file
Year Plans Participants Total Assets
2022 1 4 $2M
2023 1 4 $3M
2024 1 4 $3M

Western Grinding Service, Inc. filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$327K
Employer EIN941372481
Plan Effective Date1998-12-01
Filing StatusFILING RECEIVED

Nearby Profit Sharing Plans in California

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

Western Grinding Service, Inc., Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Western Grinding Service, Inc., Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -202468 Total assets ($B) Participants Western Grinding Ser…Intel Retirement Con…Scpmg Keogh PlanMotion Picture Indus…Memorialcare Retirem…Disney Retirement Sa…
Western Grinding Service, Inc., Profit Sharing Plan vs. nearby Profit Sharing plans in California, assets vs. participants

Similar-Sized Profit Sharing Plans Nationally

Profit Sharing plans in other states closest to Western Grinding Service, Inc., Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Western Grinding Service, Inc., Profit Sharing Plan assets move in 2023?
Western Grinding Service, Inc., Profit Sharing Plan grew sharply - up 15.0% during 2023, from $2M to $3M. Reported net income was $327K.
How have Western Grinding Service, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Western Grinding Service, Inc.'s sponsor-wide assets grew 31.0%, from $2M to $3M.
Which Profit Sharing plans are similar in size to Western Grinding Service, Inc., Profit Sharing Plan?
Among Profit Sharing plans in other states, the closest by assets is Hardman Lumber Co. of Arkadelphia Inc Profit Sharing Plan in AR ($3M, 32 participants).

Next read for Western Grinding Service, Inc., Profit S…

Multi-year trail

Ways to act on Western Grinding Service, Inc., Profit Sharing Plan's numbers.

  • By total assets, Western Grinding Service, Inc., Profit Sharing Plan ranks in the lower half of filed plans by assets. See the largest plans
  • Compare it side-by-side against 3 similar Profit Sharing plans in California. Compare plans
  • Western Grinding Service, Inc.'s sponsor-wide assets have grown 31.0% since 2022 across 3 plan years on file. More Manufacturing plans