401(k) · DOL Form 5500 · 2024

West Central Steel, Inc 401(k) Plan

Data updated 2026-08-25

$20M
Total assets Small plan by assets
126
Participants Small participant base
71st
Percentile by assets National rank
$162,434
Avg per participant Above avg balance/head
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Official DOL plan name: Consolidated 401(k) and Profit Sharing Plan · Sponsored by West Central Steel, Inc · Minnesota · Wholesale Trade

$20M in assets, 126 participants

West Central Steel, Inc's Consolidated 401(k) and Profit Sharing Plan reported $20M in total assets and 126 participants in its 2024 DOL Form 5500 filing, ranking in the 71st 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.

  • #4,068 in Wholesale Trade (6,080 peers)

Coverage in Minnesota

Consolidated 401(k) and Profit Sharing Plan covers 126 participants in Minnesota, about 11% of the average Minnesota filer (state average ~1,126 per filing). Assets: $20M.

#4,068
in Wholesale Trade (6,080 peers)
+11.0%
assets growth YoY

Consolidated 401(k) and Profit Sharing Plan's outsized position by total assets

Consolidated 401(k) and Profit Sharing Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$20,466,690 Top 29% higher than 71% of 123,620 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 2024

Consolidated 401(k) and Profit Sharing Plan 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. Consolidated 401(k) and Profit Sharing Plan sits mid-pack in the medium band (126 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Consolidated 401(k) and Profit Sharing Plan reported net income rose from $2M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Consolidated 401(k) and Profit Sharing Plan end-of-year assets rose from $18M in the plan year 2023 filing to $20M in the plan year 2024 filing.
  • Consolidated 401(k) and Profit Sharing Plan reported participants rose from 124 in the plan year 2023 filing to 126 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410845463 · West Central Steel, Inc PY 2024 · 401(k)

Consolidated 401(k) and Profit Sharing Plan · $20M · 126 · 71st

  • EOY $20M
  • EOY 126
  • EOY 71st
  • EOY 401(k)
  • EOY near M&r Printing Equipment, Inc. & Subsidiaries Profit Sharing & 401(k) Plan
  • EOY ind #4068

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 Wholesale Trade retirement plans → · Plans in Minnesota →

Consolidated 401(k) and Profit Sharing Plan in the asset neighbourhood

Consolidated 401(k) and Profit Sharing PlanConsolidated 401(k) and Prof…$20MM&r Printing Equipment, Inc. & Subsidiaries Profit Sharing & 401(k) PlanM&r Printing Equipment, Inc.…$20MGreat West Affiliated Employers Retirement Savings PlanGreat West Affiliated Employ…$20MFinish Thompson, Inc. Profit Sharing and Savings & Match PlanFinish Thompson, Inc. Profit…$20MIci Services Retirement Savings PlanIci Services Retirement Savi…$20M
End-of-year total assets ($M) among Consolidated 401(k) and Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$18M
Net Assets (End of Year)$20M
Net Income$2M
Employer EIN410845463
Plan Effective Date1975-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (West Central Steel, Inc)

Sponsor-wide plan assets over time

All West Central Steel, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$20M 21.035526744927676% vs 2022
2024 filing year
$16M$18M$20M$22M 202220232024 $16.9M $20.5M ▲ +21.1%
Year Plans Participants Total Assets
2022 1 118 $17M
2023 1 124 $18M
2024 1 126 $20M

Nearby 401(k) Plans in Minnesota

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

Consolidated 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Consolidated 401(k) and Profit Sharing Plan, Total assets ($B): 0.02046669 · Participants: 126Consolidated 401(k) and Profit Sharing PlanWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Consolidated 401(k) and Profit Sharing Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Consolidated 401(k) and Profit Sharing Plan side-by-side with 3 peers →

Consolidated 401(k) and Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is M&r Printing Equipment, Inc. & Subsidiaries Profit Sharing & 401(k) Plan in IL ($20M); by covered participants it is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (126 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (126 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.

Frequently Asked Questions

How did Consolidated 401(k) and Profit Sharing Plan assets move in 2024? ▼
Consolidated 401(k) and Profit Sharing Plan grew at a solid clip - up 11.0% during 2024, from $18M to $20M. Reported net income was $2M.
How have West Central Steel, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), West Central Steel, Inc's sponsor-wide assets grew 21.0%, from $17M to $20M.
Which 401(k) plans are similar in size to Consolidated 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is M&r Printing Equipment, Inc. & Subsidiaries Profit Sharing & 401(k) Plan in IL ($20M, 362 participants).
Which 401(k) plans cover a similar participant headcount to Consolidated 401(k) and Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Anesthesia Consultants of Indianapolis, LLC 401(k) Profit Sharing Plan in IN (126 participants, $105M in assets).

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 410845463.

Read our methodology - how this data is sourced, computed, and verified.

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