401(k) · DOL Form 5500 · 2022
Welded Tubes, Inc. 401(k) Plan
Data updated 2026-08-11
- $3M
- Total assets
- 17
- Participants
- 42nd
- Percentile by assets
- $196,088
- Avg per participant
Official DOL plan name: Welded Tubes, Inc. Retirement and 401(k) Plan · Sponsored by Welded Tubes, Inc. · Ohio · Manufacturing
$3M in assets, 17 participants
Welded Tubes, Inc.'s Welded Tubes, Inc. Retirement and 401(k) Plan reported $3M in total assets and 17 participants in its 2022 DOL Form 5500 filing, ranking in the 42nd 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.
- 42nd percentile by assets (of 139,126 plans)
- #5,295 in Manufacturing (20,602 peers)
2022 asset change
Welded Tubes, Inc. Retirement and 401(k) Plan declined sharply 22.9% in 2022 ($4M → $3M) for 17 participants.
- $3M
- total plan assets (2022 EOY)
- 17
- covered participants
- 42nd
- percentile by assets (of 139,126 plans)
- $196,088
- avg assets per participant
The plan reported a net loss of $991K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Where Welded Tubes, Inc. Retirement and 401(k) Plan sits by total assets
Welded Tubes, Inc. Retirement and 401(k) Plan vs every filed plan by assets
End-of-year total assets · plan year 2022 · DOL Form 5500
$3,333,491 42nd percentile higher than 42% of 139,123 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2022
2022 asset move for Welded Tubes, Inc. Retirement and 401(k) Plan
Year over year, total assets declined sharply from $4M at the start of 2022 to $3M at year-end (down 22.9%). Net assets closed at $3M; reported net income -$991K.
Welded Tubes, Inc. years around the 2022 move
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 17 | $3M |
| 2023 | 1 | 16 | $3M |
| 2024 | 1 | 16 | $3M |
2022 asset-move particulars
| Total Assets (Beginning of Year) | $4M |
|---|---|
| Net Assets (End of Year) | $3M |
| Net Income | -$991K |
| Employer EIN | 340834604 |
| Plan Effective Date | 1997-01-01 |
| Filing Status | FILING RECEIVED |
Nearby 401(k) Plans in Ohio
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Welded Tubes, Inc. Retirement and 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
- The Sherwin-Williams Company 401(k) Plan $8.3B · 44,890
- The Progressive 401(k) Plan $7.6B · 50,299
- The Kroger Co. 401(k) Retirement Savings Account Plan $7.3B · 116,133
- Nationwide Savings Plan $6.7B · 24,278
- Marathon Petroleum Thrift Plan $6.4B · 17,666
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Welded Tubes, Inc. Retirement and 401(k) Plan by total assets, not by location.
Frequently Asked Questions
How did Welded Tubes, Inc. Retirement and 401(k) Plan assets move in 2022? ▼
How have Welded Tubes, Inc. plan assets changed over time? ▼
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Next read for Welded Tubes, Inc. Retirement and 401(k)…
2022 change
Ways to act on Welded Tubes, Inc. Retirement and 401(k) Plan's numbers.
- By total assets, Welded Tubes, Inc. Retirement and 401(k) Plan ranks in the lower half of filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Ohio. Compare plans
- Welded Tubes, Inc.'s sponsor-wide assets have declined 7.6% since 2022 across 3 plan years on file. More Manufacturing plans