ESOP · DOL Form 5500 · 2024
Western State Agency, Inc. ESOP
Data updated 2026-08-25
- $53M
- Total assets Below avg plan size
- 285
- Participants Below avg headcount
- 85th
- Percentile by assets National rank
- $186,796
- Avg per participant Above avg balance/head
Official DOL plan name: Western State Agency, Inc. Employee Stock Ownership Plan and Trust · Sponsored by Western State Agency, Inc. · North Dakota · Finance & Insurance
$53M in assets, 285 participants
Western State Agency, Inc.'s Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported $53M in total assets and 285 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.
- #6,545 in Finance & Insurance (8,549 peers)
Where Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits by assets
Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits in the top quartile of all filed plans by assets, $53M for 285 participants (~$186,796/participant), up 18.6% in 2024.
- #6,545
- in Finance & Insurance (8,549 peers)
- +18.6%
- assets growth YoY
- 0.5×
- vs typical plan assets (national mean)
Western State Agency, Inc. Employee Stock Ownership Plan and Trust's outsized position by total assets
Western State Agency, Inc. Employee Stock Ownership Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$53,236,771 Top 15% higher than 85% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Western State Agency, Inc. Employee Stock Ownership Plan and Trust among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Western State Agency, Inc. Employee Stock Ownership Plan and Trust sits mid-pack in the medium band (285 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported net income rose from -$512K in the plan year 2023 filing to $8M in the plan year 2024 filing.
- Western State Agency, Inc. Employee Stock Ownership Plan and Trust end-of-year assets rose from $45M in the plan year 2023 filing to $53M in the plan year 2024 filing.
- Western State Agency, Inc. Employee Stock Ownership Plan and Trust reported participants rose from 269 in the plan year 2023 filing to 285 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 450106740 · Western State Agency, Inc. PY 2024 · ESOP
Western State Agency, Inc. Employee Stock Ownership Plan and Trust · $53M · 285 · 85th
- TYPE $53M
- TYPE 285
- TYPE 85th
- TYPE ESOP
- TYPE near Advance Capital Group, Inc. Employee Stock Ownership Plan
- TYPE ind #6545
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 What is an ESOP? → · Plans in North Dakota →
Western State Agency, Inc. Employee Stock Ownership Plan and Trust in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $45M |
|---|---|
| Net Assets (End of Year) | $53M |
| Net Income | $8M |
| Employer EIN | 450106740 |
| Plan Effective Date | 2000-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Western State Agency, Inc.)
Sponsor-wide plan assets over time
All Western State Agency, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $77M 25.04964505411577% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 512 | $61M |
| 2023 | 2 | 537 | $65M |
| 2024 | 2 | 573 | $77M |
Nearby ESOP Plans in North Dakota
Peer ESOP plans, same state, same plan type, ranked by total assets.
- Border States Industries, Inc. Employee Stock Ownership Plan $1.3B · 3,256
- Scheels Employee Stock Ownership Plan $963M · 5,157
- Ulteig, Inc. Employee Stock Ownership Plan $193M · 1,117
- Frontier Precision, Inc Employee Stock Ownership Plan $98M · 89
- Klj Solutions Co Employee Stock Ownership Plan $92M · 525
Western State Agency, Inc. Employee Stock Ownership Plan and Trust's out-of-state ESOP peers by assets and headcount
Outside North Dakota, the nearest ESOP by assets is Advance Capital Group, Inc. Employee Stock Ownership Plan in MI ($53M); by covered participants it is Bliffert Lumber & Fuel Co. Employee Stock Ownership Plan in WI (286 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($53M here).
- Advance Capital Group, Inc. Employee Stock Ownership Plan (MI) $53M · 59
- Mulberry's Independent Home Services, Inc. Employee Stock Ownership Plan (WV) $53M · 1,687
- Guthrie & Huebner Company, Inc. Employee Stock Ownership Plan and Trust (TX) $53M · 575
- Halff Associates, Inc. Employee Stock Ownership Plan and Trust (TX) $53M · 1,131
Similar participant headcount
Nearest other-state filings by covered participants (285 participants); asset peers above are excluded.
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.