401(k) · DOL Form 5500 · 2024

Western National Mutual Insurance Co 401(k) Plan

Data updated 2026-08-11

$134M
Total assets
763
Participants
92nd
Percentile by assets
$176,011
Avg per participant
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Official DOL plan name: Western National Salary Accumulation Program · Sponsored by Western National Mutual Insurance Co · Minnesota · Finance & Insurance

$134M in assets, 763 participants

Western National Mutual Insurance Co's Western National Salary Accumulation Program reported $134M in total assets and 763 participants in its 2024 DOL Form 5500 filing, ranking in the 92nd 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.

  • 92nd percentile by assets (of 123,622 plans)
  • #7,520 in Finance & Insurance (8,549 peers)

Where Western National Salary Accumulation Program sits by assets

Western National Salary Accumulation Program sits in the top 10% of all filed plans by assets, $134M for 763 participants (~$176,011/participant), up 13.6% in 2024.

$134M
total plan assets (2024 EOY)
763
covered participants
92nd
percentile by assets (of 123,622 plans)
$176,011
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Western National Salary Accumulation Program reported net income fell from $19M in the plan year 2023 filing to $16M in the plan year 2024 filing.
  • Western National Salary Accumulation Program end-of-year assets rose from $118M in the plan year 2023 filing to $134M in the plan year 2024 filing.
  • Western National Salary Accumulation Program reported participants rose from 693 in the plan year 2023 filing to 763 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Western National Salary Accumulation Program vs the 2024 asset distribution

By assets, Western National Salary Accumulation Program outranks 92% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.3x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2024)

Total Assets (Beginning of Year)$118M
Net Assets (End of Year)$134M
Net Income$16M
Employer EIN410430825
Plan Effective Date1984-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western National Mutual Insurance Co)

$80M$100M$120M$140M 202220232024 $99.2M $134M ▲ +35.4%
Total plan assets by year, all Western National Mutual Insurance Co plans on file
Year Plans Participants Total Assets
2022 1 732 $99M
2023 1 693 $118M
2024 1 763 $134M

Nearby 401(k) Plans in Minnesota

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

Western National Salary Accumulation Program vs. nearby 401(k) plans in Minnesota, assets vs. participants

Western National Salary Accumulation Program vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Western National Sal…Wells Fargo & Compan…Unitedhealth Group 4…Target Corporation 4…Medtronic Savings an…U.S. Bank 401(k) Sav…
Western National Salary Accumulation Program vs. nearby 401(k) plans in Minnesota, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Western National Salary Accumulation Program by total assets, not by location.

Frequently Asked Questions

How did Western National Salary Accumulation Program assets move in 2024?
Western National Salary Accumulation Program grew at a solid clip - up 13.6% during 2024, from $118M to $134M. Reported net income was $16M.
How have Western National Mutual Insurance Co plan assets changed over time?
Across 3 plan years on file (2022-2024), Western National Mutual Insurance Co's sponsor-wide assets grew 35.3%, from $99M to $134M.
Where does Western National Salary Accumulation Program rank by assets among Form 5500 filers?
Western National Salary Accumulation Program ranks in the 92nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 10% of all filed plans by assets).
Which 401(k) plans are similar in size to Western National Salary Accumulation Program?
Among 401(k) plans in other states, the closest by assets is American Career College, Inc. and West Coast University, Inc. 401(k) Plan in CA ($134M, 2,892 participants).

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