ESOP · DOL Form 5500 · 2023

Westland Resources, Inc. ESOP

Data updated 2026-08-25

$27M
Total assets Below avg plan size
189
Participants Below avg headcount
77th
Percentile by assets National rank
$141,311
Avg per participant Near avg balance/head
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Official DOL plan name: Westland Resources, Inc. Employee Stock Ownership Plan · Sponsored by Westland Resources, Inc. · Arizona · Professional & Technical Services

$27M in assets, 189 participants

Westland Resources, Inc.'s Westland Resources, Inc. Employee Stock Ownership Plan reported $27M in total assets and 189 participants in its 2023 DOL Form 5500 filing, ranking in the 77th 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.

  • #15,823 in Professional & Technical Services (20,321 peers)

Coverage in Arizona

Westland Resources, Inc. Employee Stock Ownership Plan covers 189 participants in Arizona, about 34% of the average Arizona filer (state average ~564 per filing). Assets: $27M.

#15,823
in Professional & Technical Services (20,321 peers)
+68.3%
assets growth YoY
0.3×
vs typical plan assets (national mean)

Westland Resources, Inc. Employee Stock Ownership Plan's outsized position by total assets

Westland Resources, Inc. Employee Stock Ownership Plan vs every filed plan by assets

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

$26,707,739 Top 23% higher than 77% 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

Westland Resources, Inc. Employee Stock Ownership 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. Westland Resources, Inc. Employee Stock Ownership Plan sits mid-pack in the medium band (189 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Westland Resources, Inc. Employee Stock Ownership Plan reported net income rose from $4M in the plan year 2022 filing to $16M in the plan year 2023 filing.
  • Westland Resources, Inc. Employee Stock Ownership Plan end-of-year assets rose from $16M in the plan year 2022 filing to $27M in the plan year 2023 filing.
  • Westland Resources, Inc. Employee Stock Ownership Plan reported participants fell from 224 in the plan year 2022 filing to 189 in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 860852063 · Westland Resources, Inc. PY 2023 · ESOP

Westland Resources, Inc. Employee Stock Ownership Plan · $27M · 189 · 77th

  • EIN $27M
  • RANK 189
  • PHOTO 77th
  • IND ESOP
  • EOY near Almar Contracting Corp Employee Stock Ownership Plan
  • 5500 ind #15823

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 What is an ESOP? → · Plans in Arizona →

Westland Resources, Inc. Employee Stock Ownership Plan in the asset neighbourhood

Hebron Companies, Inc. Employee Stock Ownership Plan and TrustHebron Companies, Inc. Emplo…$27MAtlantic Track & Turnout Co. Employee Stock Ownership PlanAtlantic Track & Turnout Co.…$27MWestland Resources, Inc. Employee Stock Ownership PlanWestland Resources, Inc. Emp…$27MAlmar Contracting Corp Employee Stock Ownership PlanAlmar Contracting Corp Emplo…$27MD&m Industries Employee Stock Ownership Plan and TrustD&m Industries Employee Stoc…$27M
End-of-year total assets ($M) among Westland Resources, Inc. Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2023.

Arizona filing particulars

Total Assets (Beginning of Year)$16M
Net Assets (End of Year)$27M
Net Income$16M
Employer EIN860852063
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westland Resources, Inc.)

Sponsor-wide plan assets over time

All Westland Resources, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$7M 76.4441557027728% vs 2022
2024 filing year
$0M$20M$40M$60M 202220232024 $28.4M $6.69M ▼ -76.4%
Year Plans Participants Total Assets
2022 2 415 $28M
2023 2 428 $43M
2024 3 N/A $7M

Nearby ESOP Plans in Arizona

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

Westland Resources, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants Scatter plot of 6 data points. -50000500010000150002000025000 -0.500.511.5 Total assets ($B) Participants Westland Resources, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.026707739 · Participants: 189Westland Resources, Inc. Employee Stock Ownership PlanThe Sundt Companies Employee Stock Ownership Plan, Total assets ($B): 1.064355538 · Participants: 2392The Sundt Companies Employee Stock Ownership PlanU-Haul Holding Company Employee Stock Ownership Plan, Total assets ($B): 0.61854692 · Participants: 19740U-Haul Holding Company Employee Stock Ownership PlanSpencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.313228026 · Participants: 253Spencer's Air Conditioning & Appliance, Inc. Employee Stock Ownership PlanPima Medical Institute Employee Stock Ownership Plan, Total assets ($B): 0.216174467 · Participants: 1057Pima Medical Institute Employee Stock Ownership PlanWilson Electric Services Corp. Employee Stock Ownership Plan, Total assets ($B): 0.167298665 · Participants: 726Wilson Electric Services Corp. Employee Stock Ownership Plan
Westland Resources, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Arizona, assets vs. participants
Compare Westland Resources, Inc. Employee Stock Ownership Plan side-by-side with 3 peers →

Westland Resources, Inc. Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Arizona, the nearest ESOP by assets is Almar Contracting Corp Employee Stock Ownership Plan in NY ($27M); by covered participants it is De Corp. Employee Stock Ownership Plan in TX (189 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (189 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 Westland Resources, Inc. Employee Stock Ownership Plan assets move in 2023? ▼
Westland Resources, Inc. Employee Stock Ownership Plan surged - up 68.3% during 2023, from $16M to $27M. Reported net income was $16M.
How have Westland Resources, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Westland Resources, Inc.'s sponsor-wide assets declined 76.4%, from $28M to $7M.
Where does Westland Resources, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Westland Resources, Inc. Employee Stock Ownership Plan ranks in the 77th 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 Westland Resources, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Almar Contracting Corp Employee Stock Ownership Plan in NY ($27M, 14 participants).
Which ESOP plans cover a similar participant headcount to Westland Resources, Inc. Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is De Corp. Employee Stock Ownership Plan in TX (189 participants, $45M 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 860852063.

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.