ESOP · DOL Form 5500 · 2024

Western National Bank ESOP

Data updated 2026-08-25

$996K
Total assets Small plan by assets
25
Participants Small participant base
23rd
Percentile by assets National rank
$39,827
Avg per participant Low balance/head
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Official DOL plan name: Western National Bank and Affiliates Employee Stock Ownership Plan · Sponsored by Western National Bank · Minnesota · Finance & Insurance

$996K in assets, 25 participants

Western National Bank's Western National Bank and Affiliates Employee Stock Ownership Plan reported $996K in total assets and 25 participants in its 2024 DOL Form 5500 filing, ranking in the 23rd 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.

  • #1,133 in Finance & Insurance (8,549 peers)

What the 2024 filing shows

Western National Bank and Affiliates Employee Stock Ownership Plan holds $996K for 25 participants - about $39,827 per participant, among the smaller plans by assets on file.

#1,133
in Finance & Insurance (8,549 peers)
-0.6%
assets change YoY

The plan reported a net loss of $10K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Western National Bank and Affiliates Employee Stock Ownership Plan among the smaller filed plans by assets

Western National Bank and Affiliates Employee Stock Ownership Plan vs every filed plan by assets

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

$995,664 23rd percentile higher than 23% 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

Western National Bank and Affiliates Employee Stock Ownership 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. Western National Bank and Affiliates Employee Stock Ownership Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Western National Bank and Affiliates Employee Stock Ownership Plan reported net income rose from -$62K in the plan year 2023 filing to -$10K in the plan year 2024 filing.
  • Western National Bank and Affiliates Employee Stock Ownership Plan reported participants rose from 21 in the plan year 2023 filing to 25 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 410607570 · Western National Bank PY 2024 · ESOP

Western National Bank and Affiliates Employee Stock Ownership Plan · $996K · 25 · 23rd

  • PCT $996K
  • EIN 25
  • RANK 23rd
  • PHOTO ESOP
  • IND near Central Engineering Supply Co. Employee Stock Ownership Plan
  • EOY ind #1133

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 Minnesota →

Western National Bank and Affiliates Employee Stock Ownership Plan in the asset neighbourhood

Western National Bank and Affiliates Employee Stock Ownership PlanWestern National Bank and Af…$996KCentral Engineering Supply Co. Employee Stock Ownership PlanCentral Engineering Supply C…$996KFerdig, Inc. Employee Stock Ownership Plan Employee Stock Ownership PlanFerdig, Inc. Employee Stock …$1MJohnson Manley Employee Stock Ownership PlanJohnson Manley Employee Stoc…$1MC2 Wireless Employee Stock Ownership PlanC2 Wireless Employee Stock O…$1M
End-of-year total assets ($M) among Western National Bank and Affiliates Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Filing particulars (2024)

Total Assets (Beginning of Year)$1M
Net Assets (End of Year)$991K
Net Income-$10K
Employer EIN410607570
Plan Effective Date2005-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Western National Bank)

Sponsor-wide plan assets over time

All Western National Bank plans reported in each filing year

Latest sponsor-wide plan assets
$996K 6.398276244589763% vs 2022
2024 filing year
$0.98M$1M$1.02M$1.04M$1.06M$1.08M 202220232024 $1.06M $1M ▼ -5.7%
Year Plans Participants Total Assets
2022 1 24 $1M
2023 1 21 $1M
2024 1 25 $996K

Nearby ESOP Plans in Minnesota

Peer ESOP plans, same state, same plan type, ranked by total assets.

Western National Bank and Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -5000050001000015000 -500050010001500 Total assets ($M) Participants Western National Bank and Affiliates Employee Stock Ownership Plan, Total assets ($M): 0.995664 · Participants: 25Western National Bank and Affiliates Employee Stock Ownership PlanAndersen Corporation Employee Stock Ownership Plan, Total assets ($M): 962.686911 · Participants: 12104Andersen Corporation Employee Stock Ownership PlanLandscape Structures, Inc. Employee Stock Ownership Plan and Trust, Total assets ($M): 593.784492 · Participants: 490Landscape Structures, Inc. Employee Stock Ownership Plan and TrustKingdom Enterprises, Inc. Employee Stock Ownership Plan, Total assets ($M): 593.525018 · Participants: 782Kingdom Enterprises, Inc. Employee Stock Ownership PlanForce America Inc. Employee Stock Ownership Plan, Total assets ($M): 472.716981 · Participants: 615Force America Inc. Employee Stock Ownership PlanAblenet, Inc. Employee Stock Ownership Plan, Total assets ($M): 459.837439 · Participants: 134Ablenet, Inc. Employee Stock Ownership Plan
Western National Bank and Affiliates Employee Stock Ownership Plan vs. nearby ESOP plans in Minnesota, assets vs. participants
Compare Western National Bank and Affiliates Employee Stock Ownership Plan side-by-side with 3 peers →

Western National Bank and Affiliates Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Minnesota, the nearest ESOP by assets is Central Engineering Supply Co. Employee Stock Ownership Plan in TX ($996K); by covered participants it is Panhandle Implement Company, Inc. Employee Stock Ownership Plan in TX (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 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 Western National Bank and Affiliates Employee Stock Ownership Plan assets move in 2024? ▼
Western National Bank and Affiliates Employee Stock Ownership Plan held essentially flat - down 0.6% during 2024, from $1M to $996K. Reported net income was -$10K.
How have Western National Bank plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Western National Bank's sponsor-wide assets declined 6.4%, from $1M to $996K.
Where does Western National Bank and Affiliates Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Western National Bank and Affiliates Employee Stock Ownership Plan ranks in the 23rd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which ESOP plans are similar in size to Western National Bank and Affiliates Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Central Engineering Supply Co. Employee Stock Ownership Plan in TX ($996K, 3 participants).
Which ESOP plans cover a similar participant headcount to Western National Bank and Affiliates Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Panhandle Implement Company, Inc. Employee Stock Ownership Plan in TX (25 participants, $2M 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 410607570.

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.