401(k) · DOL Form 5500 · 2023

Western Products, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
138
Participants Small participant base
62nd
Percentile by assets National rank
$83,308
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Western Products, Inc. 401(k) Plan · Sponsored by Western Products, Inc. · North Dakota · Manufacturing

$11M in assets, 138 participants

Western Products, Inc.'s Western Products, Inc. 401(k) Plan reported $11M in total assets and 138 participants in its 2023 DOL Form 5500 filing, ranking in the 62nd 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.

  • #9,095 in Manufacturing (18,722 peers)

Coverage in North Dakota

Western Products, Inc. 401(k) Plan covers 138 participants in North Dakota, about 27% of the average North Dakota filer (state average ~504 per filing). Assets: $11M.

#9,095
in Manufacturing (18,722 peers)
+22.3%
assets growth YoY

Western Products, Inc. 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Western Products, Inc. 401(k) Plan vs every filed plan by assets

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

$11,496,533 Top 38% higher than 62% 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 Products, 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. Western Products, Inc. 401(k) Plan sits mid-pack in the medium band (138 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Western Products, Inc. 401(k) Plan reported net income rose from -$3M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Western Products, Inc. 401(k) Plan end-of-year assets rose from $9M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Western Products, Inc. 401(k) Plan reported participants fell from 160 in the plan year 2022 filing to 138 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 450438998 · Western Products, Inc. PY 2023 · 401(k)

Western Products, Inc. 401(k) Plan · $11M · 138 · 62nd

  • BOY $11M
  • SCH 138
  • EBSA 62nd
  • PART 401(k)
  • TYPE near Riverside Resort and Casino 401(k) Plan
  • NET ind #9095

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 Manufacturing retirement plans → · Plans in North Dakota →

Western Products, Inc. 401(k) Plan in the asset neighbourhood

Western Products, Inc. 401(k) PlanWestern Products, Inc. 401(k…$11MRiverside Resort and Casino 401(k) PlanRiverside Resort and Casino …$11MTrevdan, Inc 401(k) Plan$11MIsti Plant Services 401(k) Retirement PlanIsti Plant Services 401(k) R…$11MCogent Biosciences, Inc. 401(k) PlanCogent Biosciences, Inc. 401…$11M
End-of-year total assets ($M) among Western Products, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

North Dakota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$11M
Net Income$2M
Employer EIN450438998
Plan Effective Date1998-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western Products, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$13M 42.523697007615255% vs 2022
2024 filing year
$8M$10M$12M$14M 202220232024 $9.4M $13.4M ▲ +42.6%
Year Plans Participants Total Assets
2022 1 160 $9M
2023 1 138 $11M
2024 1 178 $13M

Nearby 401(k) Plans in North Dakota

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

Western Products, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Western Products, Inc. 401(k) Plan, Total assets ($B): 0.011496533 · Participants: 138Western Products, Inc. 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.110361496 · Participants: 30495Sanford Retirement Savings PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.829880488 · Participants: 8551Mdu Resources Group, Inc. 401(k) Retirement PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.7412361 · Participants: 5269Knife River Corporation 401(k) Retirement PlanDakotas Areawide IBEW-NECA Savings and Retirement Plan, Total assets ($B): 0.521170291 · Participants: 3853Dakotas Areawide IBEW-NECA Savings and Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.512524705 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing Plan
Western Products, Inc. 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants

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

Outside North Dakota, the nearest 401(k) by assets is Riverside Resort and Casino 401(k) Plan in NV ($11M); by covered participants it is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($11M here).

Similar participant headcount

Nearest other-state filings by covered participants (138 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 Products, Inc. 401(k) Plan assets move in 2023?
Western Products, Inc. 401(k) Plan grew sharply - up 22.3% during 2023, from $9M to $11M. Reported net income was $2M.
How have Western Products, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Western Products, Inc.'s sponsor-wide assets grew 42.5%, from $9M to $13M.
Which 401(k) plans are similar in size to Western Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Riverside Resort and Casino 401(k) Plan in NV ($11M, 1,062 participants).
Which 401(k) plans cover a similar participant headcount to Western Products, Inc. 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Pmt Group, Inc. Profit Sharing 401(k) Plan in CT (138 participants, $28M in assets).