# Western Products, INC. 401(k) Plan
Source: https://planprovider.pro/companies/western-products-inc-401k-plan-001-8998

> Western Products, INC.'s 401(k) plan: 197 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Western Products, INC.

- **Sponsor EIN:** 450438998

- **Sponsor Address:** 474 45TH STREET SOUTH, FARGO, ND, 58108

- **Plan Type:** 401(k)

- **Total Participants:** 197

- **Total Assets:** $13.4M

## Key Plan Design Features

- **Auto-Enrollment:** Yes

- **Auto-Escalation:** No

- **Allows Roth Contributions:** Yes

- **Participant Loans:** No

- **Participant-Directed Investments:** Yes

- **ERISA Section 404(c) Fiduciary Safe Harbor:** Yes

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|197|$13.4M|$158,462|$870,425|

| 2023|171|$11.5M|$141,584|$754,965|

| 2022|135|$9.4M|$131,601|$663,428|

## Service Providers (Schedule C)

Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).

| Provider Name|
Role|
Direct Compensation|
Indirect Compensation|
Total Fees|

| BELL BANK|NONE|$51,366|—|$51,366|

| WIDMER ROEL, PC|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [WIDMER ROEL, PC](https://planprovider.pro/provider/widmer-roel-pc) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $51,366

- **Estimated Expense Ratio:** 0.383% of plan assets

### Historical Administrative Expenses

Breakdown of administrative expense categories reported on Form 5500 filings.

| Year|
Total Admin Expenses|
Investment Mgmt Fees|
Contract Admin Fees|
IQPA Audit Fees|
Professional Fees|

| 2024|$54,496|—|$51,366|—|—|

| 2023|$45,488|—|$40,208|—|—|

| 2022|$46,045|$46,045|—|—|—|

## Similar Plans

- [Lm Wind Power Blades (Usa) INC.](https://planprovider.pro/companies/lm-wind-power-blades-usa-inc-401k-plan) — 538 participants

- [Steffes, LLC](https://planprovider.pro/companies/steffes-llc-401k-plan) — 542 participants

[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/western-products-inc-401k-plan-001-8998)

© 2026 PlanProvider.Pro