401(k) · DOL Form 5500 · 2024

Border States Industries, Inc. 401(k) Plan

Data updated 2026-08-25

$254M
Total assets Near avg plan size
3,095
Participants Above avg headcount
95th
Percentile by assets National rank
$82,062
Avg per participant Below avg balance/head
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Official DOL plan name: Border States Electric Supply 401(k) Plan · Sponsored by Border States Industries, Inc. · North Dakota · Wholesale Trade

$254M in assets, 3,095 participants

Border States Industries, Inc.'s Border States Electric Supply 401(k) Plan reported $254M in total assets and 3,095 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.

  • #5,868 in Wholesale Trade (6,080 peers)

Coverage in North Dakota

Border States Electric Supply 401(k) Plan covers 3,095 participants in North Dakota, 6.1x the typical North Dakota plan (state average ~504 per filing). Assets: $254M.

#5,868
in Wholesale Trade (6,080 peers)
+20.4%
assets growth YoY
2.5×
vs typical plan assets (national mean)

Border States Electric Supply 401(k) Plan's outsized position by total assets

Border States Electric Supply 401(k) Plan vs every filed plan by assets

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

$253,980,411 Top 5% higher than 95% 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

Border States Electric Supply 401(k) Plan's large-plan peer group by participant headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Border States Electric Supply 401(k) Plan lands in the large band (3,095 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Border States Electric Supply 401(k) Plan reported net income fell from $27M in the plan year 2023 filing to $2M in the plan year 2024 filing.
  • Border States Electric Supply 401(k) Plan end-of-year assets rose from $211M in the plan year 2023 filing to $254M in the plan year 2024 filing.
  • Border States Electric Supply 401(k) Plan reported participants rose from 2,880 in the plan year 2023 filing to 3,095 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 450275004 · Border States Industries, Inc. PY 2024 · 401(k)

Border States Electric Supply 401(k) Plan · $254M · 3,095 · 95th

  • SCH $254M
  • EBSA 3,095
  • PART 95th
  • TYPE 401(k)
  • NET near Jensen Hughes 401(k) Plan
  • BOOK ind #5868

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 North Dakota →

Border States Electric Supply 401(k) Plan in the asset neighbourhood

Suburban Propane Retirement Savings and Investment PlanSuburban Propane Retirement …$254MBorder States Electric Supply 401(k) PlanBorder States Electric Suppl…$254MJensen Hughes 401(k) Plan$254MRetirement Plan of the IBEW Local 76 Retirement TrustRetirement Plan of the IBEW …$254MFacey Medical Group, a Medical Corporation Retirement Savings PlanFacey Medical Group, a Medic…$254M
End-of-year total assets ($M) among Border States Electric Supply 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

North Dakota filing particulars

Total Assets (Beginning of Year)$211M
Net Assets (End of Year)$254M
Net Income$2M
Employer EIN450275004
Plan Effective Date2000-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Border States Industries, Inc.)

Sponsor-wide plan assets over time

All Border States Industries, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$1.6B 24.35046408252673% vs 2022
2024 filing year
$1.2B$1.3B$1.4B$1.5B$1.6B$1.7B 202220232024 $1.27B $1.58B ▲ +24.4%
Year Plans Participants Total Assets
2022 2 5,175 $1.3B
2023 2 5,853 $1.4B
2024 2 6,351 $1.6B

Nearby 401(k) Plans in North Dakota

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

Border States Electric Supply 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 01234 Total assets ($B) Participants Border States Electric Supply 401(k) Plan, Total assets ($B): 0.253980411 · Participants: 3095Border States Electric Supply 401(k) PlanSanford Retirement Savings Plan, Total assets ($B): 3.602462001 · Participants: 31958Sanford Retirement Savings PlanKnife River Corporation 401(k) Retirement Plan, Total assets ($B): 0.856387415 · Participants: 5327Knife River Corporation 401(k) Retirement PlanMdu Resources Group, Inc. 401(k) Retirement Plan, Total assets ($B): 0.775551136 · Participants: 3465Mdu Resources Group, Inc. 401(k) Retirement PlanEide Bailly LLP 401(k) Profit Sharing Plan, Total assets ($B): 0.615317303 · Participants: 2920Eide Bailly LLP 401(k) Profit Sharing PlanOffutt Companies 401(k) Savings Plan, Total assets ($B): 0.591992052 · Participants: 5199Offutt Companies 401(k) Savings Plan
Border States Electric Supply 401(k) Plan vs. nearby 401(k) plans in North Dakota, assets vs. participants
Compare Border States Electric Supply 401(k) Plan side-by-side with 3 peers →

Border States Electric Supply 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Dakota, the nearest 401(k) by assets is Jensen Hughes 401(k) Plan in MD ($254M); by covered participants it is Fairview Health Services 401(k) Plan in MN (3,095 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (3,095 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 Border States Electric Supply 401(k) Plan assets move in 2024? ▼
Border States Electric Supply 401(k) Plan grew sharply - up 20.4% during 2024, from $211M to $254M. Reported net income was $2M.
How have Border States Industries, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Border States Industries, Inc.'s sponsor-wide assets grew 24.4%, from $1.3B to $1.6B.
Where does Border States Electric Supply 401(k) Plan rank by assets among Form 5500 filers? ▼
Border States Electric Supply 401(k) Plan ranks in the 95th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Border States Electric Supply 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Jensen Hughes 401(k) Plan in MD ($254M, 904 participants).
Which 401(k) plans cover a similar participant headcount to Border States Electric Supply 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fairview Health Services 401(k) Plan in MN (3,095 participants, $176M 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 450275004.

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.