401(k) · DOL Form 5500 · 2022

Wells Brothers, Inc. 401(k) Plan

Data updated 2026-08-25

$11M
Total assets Small plan by assets
168
Participants Small participant base
67th
Percentile by assets National rank
$65,748
Avg per participant Below avg balance/head
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Official DOL plan name: Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan · Sponsored by Wells Brothers, Inc. · Ohio · Construction

$11M in assets, 168 participants

Wells Brothers, Inc.'s Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan reported $11M in total assets and 168 participants in its 2022 DOL Form 5500 filing, ranking in the 67th 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.

  • #6,600 in Construction (9,927 peers)

Coverage in Ohio

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan covers 168 participants in Ohio, about 22% of the average Ohio filer (state average ~765 per filing). Assets: $11M.

#6,600
in Construction (9,927 peers)
-16.7%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan's outsized position by total assets

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2022 · DOL Form 5500

$11,045,673 Top 33% higher than 67% of 139,123 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 2022

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan among mid-size filed plans by headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan sits mid-pack in the medium band (168 participants).

DOL schedule card

Filing strip 311274234 · Wells Brothers, Inc. PY 2022 · 401(k)

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan · $11M · 168 · 67th

  • EOY $11M
  • 5500 168
  • ASSETS 67th
  • PCT 401(k)
  • EIN near Frank Miller Lumber Company, Inc. Employees Retirement Plan
  • RANK ind #6600

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 Ohio →

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan in the asset neighbourhood

Wells Brothers, Inc. / Panel Control, Inc. 401(k) PlanWells Brothers, Inc. / Panel…$11MFrank Miller Lumber Company, Inc. Employees Retirement PlanFrank Miller Lumber Company,…$11MThe Lindgren Group 401(k) PlanThe Lindgren Group 401(k) Pl…$11MThe Farmers National Bank 401(k) PlanThe Farmers National Bank 40…$11MPharos Systems International, Inc. 401(k) Savings PlanPharos Systems International…$11M
End-of-year total assets ($M) among Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Ohio filing particulars

Total Assets (Beginning of Year)$13M
Net Assets (End of Year)$11M
Net Income-$2M
Employer EIN311274234
Plan Effective Date1995-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wells Brothers, Inc.)

Sponsor-wide plan assets over time

All Wells Brothers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 43.82720726930808% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.1M $15.9M ▲ +43.8%
Year Plans Participants Total Assets
2022 1 168 $11M
2023 1 165 $13M
2024 1 177 $16M

Nearby 401(k) Plans in Ohio

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

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20246810 Total assets ($B) Participants Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan, Total assets ($B): 0.011045673 · Participants: 168Wells Brothers, Inc. / Panel Control, Inc. 401(k) PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 8.343834208 · Participants: 44890The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 7.60950811 · Participants: 50299The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 7.311555 · Participants: 116133The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 6.73672335 · Participants: 24278Nationwide Savings PlanMarathon Petroleum Thrift Plan, Total assets ($B): 6.371480588 · Participants: 17666Marathon Petroleum Thrift Plan
Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan side-by-side with 3 peers →

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Frank Miller Lumber Company, Inc. Employees Retirement Plan in IN ($11M); by covered participants it is Mmi-Es 401(k) Retirement Plan in MI (168 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (168 participants); asset peers above are excluded.

DOL Form 5500 plan year 2022. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan assets move in 2022? ▼
Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan declined sharply - down 16.7% during 2022, from $13M to $11M. Reported net income was -$2M.
How have Wells Brothers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wells Brothers, Inc.'s sponsor-wide assets grew 43.8%, from $11M to $16M.
Which 401(k) plans are similar in size to Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Frank Miller Lumber Company, Inc. Employees Retirement Plan in IN ($11M, 109 participants).
Which 401(k) plans cover a similar participant headcount to Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Mmi-Es 401(k) Retirement Plan in MI (168 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 311274234.

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.