401(k) · DOL Form 5500 · 2024
Westborn, Inc. 401(k) Plan
Data updated 2026-08-25
- $10M
- Total assets Small plan by assets
- 231
- Participants Below avg headcount
- 55th
- Percentile by assets National rank
- $41,629
- Avg per participant Low balance/head
Official DOL plan name: Westborn Market Employees Profit Sharing Plan · Sponsored by Westborn, Inc. · Michigan · Retail Trade
$10M in assets, 231 participants
Westborn, Inc.'s Westborn Market Employees Profit Sharing Plan reported $10M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 55th 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.
- #5,270 in Retail Trade (8,048 peers)
Coverage in Michigan
Westborn Market Employees Profit Sharing Plan covers 231 participants in Michigan, about 36% of the average Michigan filer (state average ~638 per filing). Assets: $10M.
- #5,270
- in Retail Trade (8,048 peers)
- +8.1%
- assets growth YoY
Westborn Market Employees Profit Sharing Plan's mid-pack asset rank among Retail Trade and all filers
Westborn Market Employees Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$9,616,249 Top 45% higher than 55% 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
Westborn Market Employees 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. Westborn Market Employees Profit Sharing Plan sits mid-pack in the medium band (231 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Westborn Market Employees Profit Sharing Plan reported net income fell from $1M in the plan year 2023 filing to $723K in the plan year 2024 filing.
- Westborn Market Employees Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
- Westborn Market Employees Profit Sharing Plan reported participants rose from 226 in the plan year 2023 filing to 231 in the plan year 2024 filing.
DOL schedule card
Filing strip 383010212 · Westborn, Inc. PY 2024 · 401(k)
Westborn Market Employees Profit Sharing Plan · $10M · 231 · 55th
- BOY $10M
- BOY 231
- BOY 55th
- BOY 401(k)
- BOY near Arcsoft, Inc. 401(k) Plan
- BOY ind #5270
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 Retail Trade retirement plans → · Plans in Michigan →
Westborn Market Employees Profit Sharing Plan in the asset neighbourhood
Michigan filing particulars
| Total Assets (Beginning of Year) | $9M |
|---|---|
| Net Assets (End of Year) | $10M |
| Net Income | $723K |
| Employer EIN | 383010212 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Westborn, Inc.)
Sponsor-wide plan assets over time
All Westborn, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $10M 26.15638499948114% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 237 | $8M |
| 2023 | 1 | 226 | $9M |
| 2024 | 1 | 231 | $10M |
Nearby 401(k) Plans in Michigan
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- General Motors Retirement Savings Plan for Salaried Employees in the United States $23.1B · 43,053
- Ford Motor Co. Savings and Stock Investment Plan for Salaried Employees $17.3B · 31,790
- The Dow Chemical Company Employees' Savings Plan $10.8B · 17,128
- The General Motors Personal Savings Plan for Hourly-Rate Employees in the United States $9.6B · 42,513
- Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees $8.3B · 60,497
Westborn Market Employees Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount
Outside Michigan, the nearest 401(k) by assets is Arcsoft, Inc. 401(k) Plan in CA ($10M); by covered participants it is Unitek College Utah, LLC 401(k) Plan in CA (231 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($10M here).
- Arcsoft, Inc. 401(k) Plan (CA) $10M · 8
- Aries Marine Corporation 401(k) Plan (LA) $10M · 99
- P Holdings, Inc. 401(k) Savings Plan (WI) $10M · N/A
- Northwest Respiratory Services 401(k) Profit Sharing Plan (MN) $10M · 239
Similar participant headcount
Nearest other-state filings by covered participants (231 participants); asset peers above are excluded.
- Unitek College Utah, LLC 401(k) Plan (CA) 231 · 0 off
- Bob Barker Company, Inc. 401(k) Plan (NC) 231 · 0 off
- Littleton Coin Company, Inc. Employee Retirement Plan (NH) 231 · 0 off
- Hartfiel Automation, Inc. 401(k) Profit Sharing Plan (MN) 231 · 0 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.