401(k) · DOL Form 5500 · 2024

Westmaas Electric Company 401(k) Plan

Data updated 2026-08-25

$2M
Total assets Small plan by assets: 49
Participants Small participant base: 29th
Percentile by assets National rank: $40,229
Avg per participant Low balance/head

Official DOL plan name: Westmaas Electric Company Profit Sharing and 401(k) Plan · Sponsored by Westmaas Electric Company · Michigan · Construction

$2M in assets, 49 participants

Westmaas Electric Company's Westmaas Electric Company Profit Sharing and 401(k) Plan reported $2M in total assets and 49 participants in its 2024 DOL Form 5500 filing, ranking in the 29th 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.

#2,502 in Construction (9,039 peers)

What the 2024 filing shows

Westmaas Electric Company Profit Sharing and 401(k) Plan holds $2M for 49 participants - about $40,229 per participant, in the lower half of filed plans by assets.

#2,502
in Construction (9,039 peers): +7.3%
assets growth YoY

Westmaas Electric Company Profit Sharing and 401(k) Plan among the smaller filed plans by assets

Westmaas Electric Company Profit Sharing and 401(k) Plan vs every filed plan by assets

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

$1,971,244 29th percentile higher than 29% 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

Westmaas Electric Company Profit Sharing and 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Westmaas Electric Company Profit Sharing and 401(k) Plan is a small filing (49 participants) on this national headcount ladder.

Micro (1-10) 33,766 filings (27%) Small (11-100) 26,107 filings (21%) Medium (101-1,000) 54,251 filings (43%) Large (1,001-10,000) 10,349 filings (8%) Mega (10,000+) 1,399 filings (1%)

Form 5500 schedule snapshot

Filing strip 382270063 · Westmaas Electric Company PY 2024 · 401(k)

Westmaas Electric Company Profit Sharing and 401(k) Plan · $2M · 49 · 29th

IND $2M
EOY 49
5500 29th
ASSETS 401(k)
PCT near Carex Consulting Group 401(k) Plan
EIN ind #2502

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 Construction retirement plans → · Plans in Michigan →

End-of-year total assets ($M) among Westmaas Electric Company Profit Sharing and 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)	$2M
Net Assets (End of Year)	$2M
Net Income	$131K
Employer EIN	382270063
Plan Effective Date	1986-07-01
Filing Status	FILING RECEIVED

Nearby 401(k) Plans in Michigan

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

Westmaas Electric Company Profit Sharing and 401(k) Plan vs. nearby 401(k) plans in Michigan, assets vs. participants

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

Compare Westmaas Electric Company Profit Sharing and 401(k) Plan side-by-side with 3 peers →

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

Outside Michigan, the nearest 401(k) by assets is Carex Consulting Group 401(k) Plan in WI ($2M); by covered participants it is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2M here).

Carex Consulting Group 401(k) Plan (WI) $2M · 79
Shepherds All Star Lanes Inc 401(k) Profit Sharing Plan & Trust (UT) $2M · 37
Adolph Kiefer & Associates 401(k) Plan (IL) $2M · 94
James G. Rafael Dds 401(k) Profit Sharing Plan (NC) $2M · 7

Similar participant headcount

Nearest other-state filings by covered participants (49 participants); asset peers above are excluded.

The Bazooka 401(k) Savings and Investment Plan (NY) 49 · 0 off
Neal and Harwell Profit Sharing Plan (TN) 49 · 0 off
R.N. Industries Trucking, Inc. Profit Sharing Plan (UT) 49 · 0 off
Plan De Retiro Ediciones Sm (PR) 49 · 0 off

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 Westmaas Electric Company Profit Sharing and 401(k) Plan assets move in 2024? ▼

Westmaas Electric Company Profit Sharing and 401(k) Plan grew at a solid clip - up 7.3% during 2024, from $2M to $2M. Reported net income was $131K.

Which 401(k) plans are similar in size to Westmaas Electric Company Profit Sharing and 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Carex Consulting Group 401(k) Plan in WI ($2M, 79 participants).

Which 401(k) plans cover a similar participant headcount to Westmaas Electric Company Profit Sharing and 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by covered participants is The Bazooka 401(k) Savings and Investment Plan in NY (49 participants, N/A 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 382270063.