ESOP · DOL Form 5500 · 2022

Bane-Welker, Inc. ESOP

Data updated 2026-08-25

$37M
Total assets Below avg plan size
388
Participants Below avg headcount
85th
Percentile by assets National rank
$96,334
Avg per participant Below avg balance/head
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Official DOL plan name: Bane-Welker Employee Stock Ownership Plan · Sponsored by Bane-Welker, Inc. · Indiana · Retail Trade

$37M in assets, 388 participants

Bane-Welker, Inc.'s Bane-Welker Employee Stock Ownership Plan reported $37M in total assets and 388 participants in its 2022 DOL Form 5500 filing, ranking in the 85th 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.

  • #8,743 in Retail Trade (9,519 peers)

Where Bane-Welker Employee Stock Ownership Plan sits by assets

Bane-Welker Employee Stock Ownership Plan sits in the top quartile of all filed plans by assets, $37M for 388 participants (~$96,334/participant), up 101.1% in 2022.

#8,743
in Retail Trade (9,519 peers)
+101.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

Bane-Welker Employee Stock Ownership Plan's outsized position by total assets

Bane-Welker Employee Stock Ownership Plan vs every filed plan by assets

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

$37,377,642 Top 15% higher than 85% 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

Bane-Welker Employee Stock Ownership 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. Bane-Welker Employee Stock Ownership Plan sits mid-pack in the medium band (388 participants).

Form 5500 schedule snapshot

Filing strip 351182790 · Bane-Welker, Inc. PY 2022 · ESOP

Bane-Welker Employee Stock Ownership Plan · $37M · 388 · 85th

  • EBSA $37M
  • PART 388
  • TYPE 85th
  • NET ESOP
  • BOOK near Taft Electric Company Employee Stock Ownership Plan
  • VS-ST ind #8743

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 Indiana →

Bane-Welker Employee Stock Ownership Plan in the asset neighbourhood

Subzero Constructors, Inc. Employee Stock Ownership PlanSubzero Constructors, Inc. E…$38MProgressive Retail Management, Inc. Employee Stock Ownership PlanProgressive Retail Managemen…$38MBane-Welker Employee Stock Ownership PlanBane-Welker Employee Stock O…$37MTaft Electric Company Employee Stock Ownership PlanTaft Electric Company Employ…$37MKe&g Construction, Inc. Employee Stock Ownership PlanKe&g Construction, Inc. Empl…$37M
End-of-year total assets ($M) among Bane-Welker Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$19M
Net Assets (End of Year)$37M
Net Income$19M
Employer EIN351182790
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Bane-Welker, Inc.)

Sponsor-wide plan assets over time

All Bane-Welker, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 61.14949680346342% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $37.4M $14.5M ▼ -61.2%
Year Plans Participants Total Assets
2022 1 388 $37M
2023 1 434 $29M
2024 1 446 $15M

Nearby ESOP Plans in Indiana

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

Bane-Welker Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. 010002000300040005000 -0.500.511.52 Total assets ($B) Participants Bane-Welker Employee Stock Ownership Plan, Total assets ($B): 0.037377642 · Participants: 388Bane-Welker Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 1.524085669 · Participants: 3842Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.314961737 · Participants: 467Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.309552138 · Participants: 1233Nibco Inc. Employee Stock Ownership PlanWood-Mizer Holdings, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.115298049 · Participants: 464Wood-Mizer Holdings, Inc. Employee Stock Ownership PlanSuperior Industrial Solutions, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.113705161 · Participants: 333Superior Industrial Solutions, Inc. Employee Stock Ownership Plan
Bane-Welker Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Bane-Welker Employee Stock Ownership Plan side-by-side with 3 peers →

Bane-Welker Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Taft Electric Company Employee Stock Ownership Plan in CA ($37M); by covered participants it is Trideum Corporation Employee Stock Ownership Plan in AL (386 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (388 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 Bane-Welker Employee Stock Ownership Plan assets move in 2022? ▼
Bane-Welker Employee Stock Ownership Plan surged - up 101.1% during 2022, from $19M to $37M. Reported net income was $19M.
How have Bane-Welker, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bane-Welker, Inc.'s sponsor-wide assets declined 61.1%, from $37M to $15M.
Where does Bane-Welker Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼
Bane-Welker Employee Stock Ownership Plan ranks in the 85th 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 Bane-Welker Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Taft Electric Company Employee Stock Ownership Plan in CA ($37M, 164 participants).
Which ESOP plans cover a similar participant headcount to Bane-Welker Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Trideum Corporation Employee Stock Ownership Plan in AL (386 participants, $707K 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 351182790.

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.