401(k) · DOL Form 5500 · 2024

M & F Western Products Profit Sharing Plan

Data updated 2026-05-15

$7M
Total assets
154
Participants
49th
Percentile by assets
$47,673
Avg per participant

Sponsored by M & F Western Products · Texas · Wholesale Trade

What the 2024 filing shows

M & F Western Products Profit Sharing Plan holds $7M for 154 participants - about $47,673 per participant, in the lower half of filed plans by assets, up 16.1% over the 2024 plan year.

$7M
total plan assets (2024 EOY)
154
covered participants
49th
percentile by assets (of 116,472 plans)
$47,673
avg assets per participant
State
Industry
Wholesale Trade

401(k) · DOL Form 5500 · 2024

What the Filing Says About M & F Western Products Profit Sharing Plan

M & F Western Products Profit Sharing Plan is a 401(k) retirement plan sponsored by M & F Western Products, headquartered in Texas. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $7M in total end-of-year assets and covers 154 participants across the Wholesale Trade industry. The sponsor's EIN on file with the U.S. Department of Labor is 751581424, and the plan has been effective since 1993-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets grew sharply from $6M at the beginning of 2024 to $7M at year-end - up 16.1%. Net assets (after liabilities) closed the year at $7M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years M & F Western Products has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $6M to $7M, a gain of 29.4%, while reported participants moved from 134 to 154 (+14.9%). The strongest year on file by total sponsor assets was 2024 at $7M; the softest was 2022 at $6M. Year-by-year, sponsor-wide filings show: 2022 - $6M in assets across 1 plan covering 134 participants; 2023 - $6M in assets across 1 plan covering 136 participants; 2024 - $7M in assets across 1 plan covering 154 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank M & F Western Products Profit Sharing Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$6M
Total Assets (End of Year)$7M
Net Assets (End of Year)$7M
Net Income$1M
Plan Type401(k)
Employer EIN751581424
Plan Effective Date1993-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (M & F Western Products)

Year Plans Participants Total Assets
2022 1 134 $6M
2023 1 136 $6M
2024 1 154 $7M

Nearby 401(k) Plans in Texas

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

Frequently Asked Questions

How much money is in the M & F Western Products Profit Sharing Plan?
As of the 2024 Form 5500 filing, M & F Western Products Profit Sharing Plan holds $7M in total assets with 154 participants. It is sponsored by M & F Western Products.
What type of plan is M & F Western Products Profit Sharing Plan?
M & F Western Products Profit Sharing Plan is a 401(k) plan. It has been effective since 1993-01-01. The plan is filed with the U.S. Department of Labor under EIN 751581424.
Who sponsors the M & F Western Products Profit Sharing Plan?
M & F Western Products Profit Sharing Plan is sponsored by M & F Western Products, located in Texas. The sponsor's EIN is 751581424 and the plan operates in the Wholesale Trade industry.
How did M & F Western Products Profit Sharing Plan perform in 2024?
M & F Western Products Profit Sharing Plan grew sharply - up 16.1% during 2024, moving from $6M to $7M in total assets. Net income was $1M.

What this filing means

Ways to act on M & F Western Products Profit Sharing Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 751581424.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-05-15.