401(k) · DOL Form 5500 · 2022

Welch Packaging Group, Inc. 401(k) Plan

Data updated 2026-08-25

$36M
Total assets Below avg plan size
1,053
Participants Near avg headcount
85th
Percentile by assets National rank
$33,795
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Welch Packaging Group, Inc. 401(k) Profit Sharing Plan · Sponsored by Welch Packaging Group, Inc. · Indiana · Manufacturing

$36M in assets, 1,053 participants

Welch Packaging Group, Inc.'s Welch Packaging Group, Inc. 401(k) Profit Sharing Plan reported $36M in total assets and 1,053 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.

  • #16,103 in Manufacturing (20,602 peers)

Where Welch Packaging Group, Inc. 401(k) Profit Sharing Plan sits by assets

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan sits in the top quartile of all filed plans by assets, $36M for 1,053 participants (~$33,795/participant), down 11.2% in 2022.

#16,103
in Manufacturing (20,602 peers)
-11.2%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $4M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan's outsized position by total assets

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$35,586,424 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

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan's large-plan peer group by participant headcount

Plan-year 2022 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Welch Packaging Group, Inc. 401(k) Profit Sharing Plan lands in the large band (1,053 participants).

DOL schedule card

Filing strip 352022237 · Welch Packaging Group, Inc. PY 2022 · 401(k)

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan · $36M · 1,053 · 85th

  • EOY $36M
  • EOY 1,053
  • EOY 85th
  • EOY 401(k)
  • EOY near Murata Machinery USA, Inc. 401(k) Profit Sharing Plan
  • EOY ind #16103

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 Manufacturing retirement plans → · Plans in Indiana →

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Welch Packaging Group, Inc. 401(k) Profit Sharing PlanWelch Packaging Group, Inc. …$36MMurata Machinery USA, Inc. 401(k) Profit Sharing PlanMurata Machinery USA, Inc. 4…$36MAlternate Solutions Healthcare System, Inc 401(k)Alternate Solutions Healthca…$36MBone & Joint Clinic, S.C. 401(k) PlanBone & Joint Clinic, S.C. 40…$36MColumbus Technologies and Services, Inc. 401(k) Profit Sharing PlanColumbus Technologies and Se…$36M
End-of-year total assets ($M) among Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$36M
Net Income-$4M
Employer EIN352022237
Plan Effective Date1986-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welch Packaging Group, Inc.)

Sponsor-wide plan assets over time

All Welch Packaging Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$55M 54.204184719431204% vs 2022
2024 filing year
$30M$40M$50M$60M 202220232024 $35.6M $54.9M ▲ +54.2%
Year Plans Participants Total Assets
2022 1 1,053 $36M
2023 1 1,120 $43M
2024 1 1,196 $55M

Nearby 401(k) Plans in Indiana

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

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Welch Packaging Group, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.035586424 · Participants: 1053Welch Packaging Group, Inc. 401(k) Profit Sharing PlanElevance Health 401(k) Plan, Total assets ($B): 9.467911456 · Participants: 71898Elevance Health 401(k) PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 8.875255354 · Participants: 15607The Lilly Employee 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 4.386787904 · Participants: 23710Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.245347601 · Participants: 39243Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.020286876 · Participants: 8632Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Murata Machinery USA, Inc. 401(k) Profit Sharing Plan in NC ($36M); by covered participants it is Directed Account Plan in KS (1,053 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,053 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 Welch Packaging Group, Inc. 401(k) Profit Sharing Plan assets move in 2022?
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan pulled back noticeably - down 11.2% during 2022, from $40M to $36M. Reported net income was -$4M.
How have Welch Packaging Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Welch Packaging Group, Inc.'s sponsor-wide assets grew 54.2%, from $36M to $55M.
Where does Welch Packaging Group, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers?
Welch Packaging Group, Inc. 401(k) Profit Sharing 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 401(k) plans are similar in size to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by assets is Murata Machinery USA, Inc. 401(k) Profit Sharing Plan in NC ($36M, 343 participants).
Which 401(k) plans cover a similar participant headcount to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan?
Among 401(k) plans in other states, the closest by covered participants is Directed Account Plan in KS (1,053 participants, $563M in assets).