401(k) · DOL Form 5500 · 2023

West Music Co., Inc. 401(k) Plan

Data updated 2026-08-25

$15M
Total assets Small plan by assets: 231
Participants Below avg headcount: 67th
Percentile by assets National rank: $65,782
Avg per participant Below avg balance/head

PlainRetire home → About this data RSS: change history

Official DOL plan name: West Music Co., Inc. 401(k) Plan · Sponsored by West Music Co., Inc. · Iowa · Retail Trade

$15M in assets, 231 participants

West Music Co., Inc.'s West Music Co., Inc. 401(k) Plan reported $15M in total assets and 231 participants in its 2023 DOL Form 5500 filing, ranking in the 67th 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.

#6,573 in Retail Trade (8,414 peers)

Coverage in Iowa

West Music Co., Inc. 401(k) Plan covers 231 participants in Iowa, about 38% of the average Iowa filer (state average ~609 per filing). Assets: $15M.

#6,573
in Retail Trade (8,414 peers): +18.7%
assets growth YoY

West Music Co., Inc. 401(k) Plan's outsized position by total assets

West Music Co., Inc. 401(k) Plan vs every filed plan by assets

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

$15,195,567 Top 33% higher than 67% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

West Music Co., Inc. 401(k) 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. West Music Co., Inc. 401(k) Plan sits mid-pack in the medium band (231 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

West Music Co., Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
West Music Co., Inc. 401(k) Plan end-of-year assets rose from $13M in the plan year 2022 filing to $15M in the plan year 2023 filing.
West Music Co., Inc. 401(k) Plan reported participants rose from 200 in the plan year 2022 filing to 231 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 420737247 · West Music Co., Inc. PY 2023 · 401(k)

West Music Co., Inc. 401(k) Plan · $15M · 231 · 67th

TYPE $15M
TYPE 231
TYPE 67th
TYPE 401(k)
TYPE near First National Bancshares, Inc. Profit Sharing & ESOP
TYPE ind #6573

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 Retail Trade retirement plans → · Plans in Iowa →

End-of-year total assets ($M) among West Music Co., Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)	$13M
Net Assets (End of Year)	$15M
Net Income	$2M
Employer EIN	420737247
Plan Effective Date	1992-04-01
Filing Status	FILING RECEIVED

Sponsor Plan History (West Music Co., Inc.)

Latest sponsor-wide plan assets: $17M 30.531895558418213% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	200	$13M
2023	1	231	$15M
2024	1	236	$17M

Nearby 401(k) Plans in Iowa

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

West Music Co., Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare West Music Co., Inc. 401(k) Plan side-by-side with 3 peers →

West Music Co., Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Iowa, the nearest 401(k) by assets is First National Bancshares, Inc. Profit Sharing & ESOP in KS ($15M); by covered participants it is Teacher Synergy LLC 401(k) Plan in NY (231 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($15M here).

First National Bancshares, Inc. Profit Sharing & ESOP (KS) $15M · 39
Speech & Language Development Center 401(k) Profit Sharing Plan (CA) $15M · 151
Cabi LLC 401(k) Profit Sharing Plan & Trust (CA) $15M · 213
Trachte, LLC 401(k) Plan (WI) $15M · 253

Similar participant headcount

Nearest other-state filings by covered participants (231 participants); asset peers above are excluded.

Teacher Synergy LLC 401(k) Plan (NY) 231 · 0 off
Duferco Steel LLC Savings Plan (TX) 231 · 0 off
Reelcraft 401(k) Plan (IN) 231 · 0 off
North State Electrical Contractors, Inc. 401(k) Plan (CA) 231 · 0 off

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 West Music Co., Inc. 401(k) Plan assets move in 2023? ▼

West Music Co., Inc. 401(k) Plan grew sharply - up 18.7% during 2023, from $13M to $15M. Reported net income was $2M.

How have West Music Co., Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), West Music Co., Inc.'s sponsor-wide assets grew 30.5%, from $13M to $17M.

Which 401(k) plans are similar in size to West Music Co., Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is First National Bancshares, Inc. Profit Sharing & ESOP in KS ($15M, 39 participants).

Which 401(k) plans cover a similar participant headcount to West Music Co., Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is Teacher Synergy LLC 401(k) Plan in NY (231 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 420737247.