401(k) · DOL Form 5500 · 2024

Westminster Company 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
158
Participants Small participant base
57th
Percentile by assets National rank
$65,774
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Westminster Company Retirement Savings Plan · Sponsored by Westminster Company · North Carolina · Real Estate

$10M in assets, 158 participants

Westminster Company's Westminster Company Retirement Savings Plan reported $10M in total assets and 158 participants in its 2024 DOL Form 5500 filing, ranking in the 57th 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.

  • #3,407 in Real Estate (4,605 peers)

Coverage in North Carolina

Westminster Company Retirement Savings Plan covers 158 participants in North Carolina, about 19% of the average North Carolina filer (state average ~819 per filing). Assets: $10M.

#3,407
in Real Estate (4,605 peers)
+15.0%
assets growth YoY

Westminster Company Retirement Savings Plan's mid-pack asset rank among Real Estate and all filers

Westminster Company Retirement Savings Plan vs every filed plan by assets

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

$10,392,307 Top 43% higher than 57% 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

Westminster Company Retirement Savings 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. Westminster Company Retirement Savings Plan sits mid-pack in the medium band (158 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Westminster Company Retirement Savings Plan reported net income rose from $48K in the plan year 2023 filing to $1M in the plan year 2024 filing.
  • Westminster Company Retirement Savings Plan end-of-year assets rose from $9M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Westminster Company Retirement Savings Plan reported participants fell from 166 in the plan year 2023 filing to 158 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 560086520 · Westminster Company PY 2024 · 401(k)

Westminster Company Retirement Savings Plan · $10M · 158 · 57th

  • VS-ST $10M
  • BOY 158
  • SCH 57th
  • EBSA 401(k)
  • PART near Midstates, Inc. 401(k) Retirement Plan and Trust
  • TYPE ind #3407

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 Real Estate retirement plans → · Plans in North Carolina →

Westminster Company Retirement Savings Plan in the asset neighbourhood

Westminster Company Retirement Savings PlanWestminster Company Retireme…$10MMidstates, Inc. 401(k) Retirement Plan and TrustMidstates, Inc. 401(k) Retir…$10MGolden State Engineering, Inc. 401(k) Profit Sharing PlanGolden State Engineering, In…$10MV.G. Reed & Sons, Inc. 401(k) Salary Reduction PlanV.G. Reed & Sons, Inc. 401(k…$10MDay Air Credit Union, Inc. 401(k) PlanDay Air Credit Union, Inc. 4…$10M
End-of-year total assets ($M) among Westminster Company Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Carolina filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN560086520
Plan Effective Date1993-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Westminster Company)

Sponsor-wide plan assets over time

All Westminster Company plans reported in each filing year

Latest sponsor-wide plan assets
$10M 15.62873324743028% vs 2022
2024 filing year
$8.5M$9M$9.5M$10M$10.5M$11M 202220232024 $8.99M $10.4M ▲ +15.6%
Year Plans Participants Total Assets
2022 1 160 $9M
2023 1 166 $9M
2024 1 158 $10M

Nearby 401(k) Plans in North Carolina

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

Westminster Company Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Westminster Company Retirement Savings Plan, Total assets ($B): 0.010392307 · Participants: 158Westminster Company Retirement Savings PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Westminster Company Retirement Savings Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants

Westminster Company Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Midstates, Inc. 401(k) Retirement Plan and Trust in SD ($10M); by covered participants it is Supportive Healthcare, Inc 401(k) Plan in FL (158 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (158 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 Westminster Company Retirement Savings Plan assets move in 2024?
Westminster Company Retirement Savings Plan grew sharply - up 15.0% during 2024, from $9M to $10M. Reported net income was $1M.
How have Westminster Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Westminster Company's sponsor-wide assets grew 15.6%, from $9M to $10M.
Which 401(k) plans are similar in size to Westminster Company Retirement Savings Plan?
Among 401(k) plans in other states, the closest by assets is Midstates, Inc. 401(k) Retirement Plan and Trust in SD ($10M, 251 participants).
Which 401(k) plans cover a similar participant headcount to Westminster Company Retirement Savings Plan?
Among 401(k) plans in other states, the closest by covered participants is Supportive Healthcare, Inc 401(k) Plan in FL (158 participants, $277K in assets).