Profit Sharing · DOL Form 5500 · 2022

The Wells Group, LLC Profit Sharing Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
227
Participants Below avg headcount
63rd
Percentile by assets National rank
$40,245
Avg per participant Low balance/head
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Official DOL plan name: The Wells Group, LLC Profit Sharing Plan · Sponsored by The Wells Group, LLC · Kentucky · Construction

$9M in assets, 227 participants

The Wells Group, LLC's The Wells Group, LLC Profit Sharing Plan reported $9M in total assets and 227 participants in its 2022 DOL Form 5500 filing, ranking in the 63rd 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.

  • #6,210 in Construction (9,927 peers)

Coverage in Kentucky

The Wells Group, LLC Profit Sharing Plan covers 227 participants in Kentucky, about 35% of the average Kentucky filer (state average ~647 per filing). Assets: $9M.

#6,210
in Construction (9,927 peers)
-20.2%
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.

The Wells Group, LLC Profit Sharing Plan's mid-pack asset rank among Construction and all filers

The Wells Group, LLC Profit Sharing Plan vs every filed plan by assets

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

$9,135,646 Top 37% higher than 63% 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

The Wells Group, LLC Profit Sharing 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. The Wells Group, LLC Profit Sharing Plan sits mid-pack in the medium band (227 participants).

Plan-year Form 5500 strip

Filing strip 610710998 · The Wells Group, LLC PY 2022 · Profit Sharing

The Wells Group, LLC Profit Sharing Plan · $9M · 227 · 63rd

  • BOY $9M
  • SCH 227
  • EBSA 63rd
  • PART Profit Sharing
  • TYPE near Herring Gas Company, Inc. Profit Sharing Plan
  • NET ind #6210

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 Kentucky →

The Wells Group, LLC Profit Sharing Plan in the asset neighbourhood

Eifert, French & Company, Inc. Profit Sharing PlanEifert, French & Company, In…$9MThe Wells Group, LLC Profit Sharing PlanThe Wells Group, LLC Profit …$9MHerring Gas Company, Inc. Profit Sharing PlanHerring Gas Company, Inc. Pr…$9MProfit Sharing Plan & Trust Agreement of Driggers, Schultz & Herbst, P.C.Profit Sharing Plan & Trust …$9MCode for America 401(k) Plan$9M
End-of-year total assets ($M) among The Wells Group, LLC Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2022.

Kentucky filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$9M
Net Income-$2M
Employer EIN610710998
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Wells Group, LLC)

Sponsor-wide plan assets over time

All The Wells Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$18M 94.65683105496863% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.14M $17.8M ▲ +94.5%
Year Plans Participants Total Assets
2022 1 227 $9M
2023 1 219 $13M
2024 1 182 $18M

Nearby Profit Sharing Plans in Kentucky

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

The Wells Group, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -0.500.511.522.5 Total assets ($B) Participants The Wells Group, LLC Profit Sharing Plan, Total assets ($B): 0.009135646 · Participants: 227The Wells Group, LLC Profit Sharing PlanCommonspirit Health ERISA 403(b) Plan, Total assets ($B): 2.024256798 · Participants: 31174Commonspirit Health ERISA 403(b) PlanMaterial Handling Systems, Inc. Savings and Investment Plan, Total assets ($B): 0.139762597 · Participants: 146Material Handling Systems, Inc. Savings and Investment PlanKing's Daughters' Medical Center Base Contribution Plan, Total assets ($B): 0.081517752 · Participants: 2971King's Daughters' Medical Center Base Contribution PlanCommonwealth Health Corporation Retirement Savings Plan, Total assets ($B): 0.067192763 · Participants: 2809Commonwealth Health Corporation Retirement Savings PlanDismas Charities, Inc. Retirement Plan, Total assets ($B): 0.037465388 · Participants: 478Dismas Charities, Inc. Retirement Plan
The Wells Group, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants
Compare The Wells Group, LLC Profit Sharing Plan side-by-side with 3 peers →

The Wells Group, LLC Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Kentucky, the nearest Profit Sharing by assets is Herring Gas Company, Inc. Profit Sharing Plan in MS ($9M); by covered participants it is Ts Banking Group Savings Plan in IA (227 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (227 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 The Wells Group, LLC Profit Sharing Plan assets move in 2022? ▼
The Wells Group, LLC Profit Sharing Plan declined sharply - down 20.2% during 2022, from $11M to $9M. Reported net income was -$2M.
How have The Wells Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Wells Group, LLC's sponsor-wide assets grew 94.7%, from $9M to $18M.
Which Profit Sharing plans are similar in size to The Wells Group, LLC Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Herring Gas Company, Inc. Profit Sharing Plan in MS ($9M, 167 participants).
Which Profit Sharing plans cover a similar participant headcount to The Wells Group, LLC Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Ts Banking Group Savings Plan in IA (227 participants, $15M 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 610710998.

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.