401(k) · DOL Form 5500 · 2023

West Central Steel, Inc 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
124
Participants Small participant base
71st
Percentile by assets National rank
$148,753
Avg per participant Above avg balance/head
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Official DOL plan name: Consolidated 401(k) and Profit Sharing Plan · Sponsored by West Central Steel, Inc · Minnesota · Wholesale Trade

$18M in assets, 124 participants

West Central Steel, Inc's Consolidated 401(k) and Profit Sharing Plan reported $18M in total assets and 124 participants in its 2023 DOL Form 5500 filing, ranking in the 71st 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.

  • #4,254 in Wholesale Trade (6,309 peers)

Coverage in Minnesota

Consolidated 401(k) and Profit Sharing Plan covers 124 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

#4,254
in Wholesale Trade (6,309 peers)
+9.1%
assets growth YoY

Consolidated 401(k) and Profit Sharing Plan's outsized position by total assets

Consolidated 401(k) and Profit Sharing Plan vs every filed plan by assets

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

$18,445,404 Top 29% higher than 71% 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

Consolidated 401(k) and Profit Sharing 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. Consolidated 401(k) and Profit Sharing Plan sits mid-pack in the medium band (124 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Consolidated 401(k) and Profit Sharing Plan reported net income rose from -$4M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Consolidated 401(k) and Profit Sharing Plan end-of-year assets rose from $17M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Consolidated 401(k) and Profit Sharing Plan reported participants rose from 118 in the plan year 2022 filing to 124 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 410845463 · West Central Steel, Inc PY 2023 · 401(k)

Consolidated 401(k) and Profit Sharing Plan · $18M · 124 · 71st

  • 5500 $18M
  • ASSETS 124
  • PCT 71st
  • EIN 401(k)
  • RANK near St Denis J Villere & Company, LLC Profit Sharing Plan
  • PHOTO ind #4254

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 Minnesota →

Consolidated 401(k) and Profit Sharing Plan in the asset neighbourhood

Consolidated 401(k) and Profit Sharing PlanConsolidated 401(k) and Prof…$18MSt Denis J Villere & Company, LLC Profit Sharing PlanSt Denis J Villere & Company…$18MPioneer Incorporated Employee 401(k) PlanPioneer Incorporated Employe…$18MApmex 401(k) and Profit Sharing PlanApmex 401(k) and Profit Shar…$18MStrata Solar 401 (K) Plan$18M
End-of-year total assets ($M) among Consolidated 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$17M
Net Assets (End of Year)$18M
Net Income$2M
Employer EIN410845463
Plan Effective Date1975-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Central Steel, Inc)

Sponsor-wide plan assets over time

All West Central Steel, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$20M 21.035526744927676% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.9M $20.5M ▲ +21.1%
Year Plans Participants Total Assets
2022 1 118 $17M
2023 1 124 $18M
2024 1 126 $20M

Nearby 401(k) Plans in Minnesota

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

Consolidated 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Consolidated 401(k) and Profit Sharing Plan, Total assets ($B): 0.018445404 · Participants: 124Consolidated 401(k) and Profit Sharing PlanUnitedhealth 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
Consolidated 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Consolidated 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Consolidated 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is St Denis J Villere & Company, LLC Profit Sharing Plan in LA ($18M); by covered participants it is F.L. Chamberlain School Retirement Plan in MA (124 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (124 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 Consolidated 401(k) and Profit Sharing Plan assets move in 2023? ▼
Consolidated 401(k) and Profit Sharing Plan grew at a solid clip - up 9.1% during 2023, from $17M to $18M. Reported net income was $2M.
How have West Central Steel, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Central Steel, Inc's sponsor-wide assets grew 21.0%, from $17M to $20M.
Which 401(k) plans are similar in size to Consolidated 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is St Denis J Villere & Company, LLC Profit Sharing Plan in LA ($18M, 10 participants).
Which 401(k) plans cover a similar participant headcount to Consolidated 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is F.L. Chamberlain School Retirement Plan in MA (124 participants, $1M 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 410845463.

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.