ESOP · DOL Form 5500 · 2022

Weco Inc. ESOP

Data updated 2026-08-11

$27M
Total assets
156
Participants
81st
Percentile by assets
$172,500
Avg per participant
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Official DOL plan name: Weco Employee Stock Ownership Plan and Trust · Sponsored by Weco Inc. · Iowa · Construction

$27M in assets, 156 participants

Weco Inc.'s Weco Employee Stock Ownership Plan and Trust reported $27M in total assets and 156 participants in its 2022 DOL Form 5500 filing, ranking in the 81st 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.

  • 81st percentile by assets (of 139,126 plans)
  • #7,991 in Construction (9,927 peers)

Coverage in Iowa

Weco Employee Stock Ownership Plan and Trust covers 156 participants in Iowa, about 26% of the average Iowa filer (state average ~609 per filing). Assets: $27M.

$27M
total plan assets (2022 EOY)
156
covered participants
81st
percentile by assets (of 139,126 plans)
$172,500
avg assets per participant
State
Industry

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Weco Employee Stock Ownership Plan and Trust reports 156 participants - about 26% of that state average ($27M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$20M
Net Income$17M
Employer EIN421320871
Plan Effective Date2020-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weco Inc.)

$20M$30M$40M$50M$60M 202220232024 $26.9M $52.4M ▲ +94.9%
Total plan assets by year, all Weco Inc. plans on file
Year Plans Participants Total Assets
2022 1 156 $27M
2023 1 142 $44M
2024 1 145 $52M

Nearby ESOP Plans in Iowa

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

Weco Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

Weco Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0100020003000 -2000200400600800 Total assets ($M) Participants Weco Employee Stock …Employee Owned Brand…Van Meter Industrial…Precision, Inc. Empl…Ita Group Holdings, …Annett Holdings, Inc…
Weco Employee Stock Ownership Plan and Trust vs. nearby ESOP plans in Iowa, assets vs. participants

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Weco Employee Stock Ownership Plan and Trust by total assets, not by location.

Frequently Asked Questions

How did Weco Employee Stock Ownership Plan and Trust assets move in 2022?
Weco Employee Stock Ownership Plan and Trust surged - up 155.6% during 2022, from $11M to $27M. Reported net income was $17M.
How have Weco Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Weco Inc.'s sponsor-wide assets grew 94.9%, from $27M to $52M.
Where does Weco Employee Stock Ownership Plan and Trust rank by assets among Form 5500 filers?
Weco Employee Stock Ownership Plan and Trust ranks in the 81st percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top quartile of all filed plans by assets).
Which ESOP plans are similar in size to Weco Employee Stock Ownership Plan and Trust?
Among ESOP plans in other states, the closest by assets is Forum Architecture & Interior Design, Inc. Employee Stock Ownership Plan in FL ($27M, 65 participants).

Next read for Weco Employee Stock Ownership Plan and T…

Filing takeaways

Ways to act on Weco Employee Stock Ownership Plan and Trust's numbers.