401(k) · DOL Form 5500 · 2022

Weg Electric Corp. 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
270
Participants Below avg headcount
47th
Percentile by assets National rank
$15,881
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Weg Electric Corp. Retirement Readiness 401(k) Plan · Sponsored by Weg Electric Corp. · Indiana · Manufacturing

$4M in assets, 270 participants

Weg Electric Corp.'s Weg Electric Corp. Retirement Readiness 401(k) Plan reported $4M in total assets and 270 participants in its 2022 DOL Form 5500 filing, ranking in the 47th 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.

  • #6,330 in Manufacturing (20,602 peers)

Coverage in Indiana

Weg Electric Corp. Retirement Readiness 401(k) Plan covers 270 participants in Indiana, about 50% of the average Indiana filer (state average ~541 per filing). Assets: $4M.

#6,330
in Manufacturing (20,602 peers)
-29.9%
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.

Weg Electric Corp. Retirement Readiness 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Weg Electric Corp. Retirement Readiness 401(k) Plan vs every filed plan by assets

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

$4,287,787 47th percentile higher than 47% 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

Weg Electric Corp. Retirement Readiness 401(k) 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. Weg Electric Corp. Retirement Readiness 401(k) Plan sits mid-pack in the medium band (270 participants).

Published 5500 schedule card

Filing strip 650280210 · Weg Electric Corp. PY 2022 · 401(k)

Weg Electric Corp. Retirement Readiness 401(k) Plan · $4M · 270 · 47th

  • IND $4M
  • EOY 270
  • 5500 47th
  • ASSETS 401(k)
  • PCT near Ascend Marketing, LLC 401(k) Plan
  • EIN ind #6330

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 →

Weg Electric Corp. Retirement Readiness 401(k) Plan in the asset neighbourhood

Weg Electric Corp. Retirement Readiness 401(k) PlanWeg Electric Corp. Retiremen…$4MAscend Marketing, LLC 401(k) PlanAscend Marketing, LLC 401(k)…$4MInterface Masters Technologies, Inc. Profit Sharing 401(k) PlanInterface Masters Technologi…$4MWondros 401(k) Plan$4MCavanah Associates, Inc. 401(k) Profit Sharing PlanCavanah Associates, Inc. 401…$4M
End-of-year total assets ($M) among Weg Electric Corp. Retirement Readiness 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Indiana filing particulars

Total Assets (Beginning of Year)$6M
Net Assets (End of Year)$4M
Net Income-$2M
Employer EIN650280210
Plan Effective Date2006-12-11
Filing StatusFILING RECEIVED

Sponsor Plan History (Weg Electric Corp.)

Sponsor-wide plan assets over time

All Weg Electric Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$115M 83.1037078403425% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $62.6M $115M ▲ +83.1%
Year Plans Participants Total Assets
2022 2 993 $63M
2023 2 1,069 $74M
2024 2 1,447 $115M

Nearby 401(k) Plans in Indiana

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

Weg Electric Corp. Retirement Readiness 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510 Total assets ($B) Participants Weg Electric Corp. Retirement Readiness 401(k) Plan, Total assets ($B): 0.004287787 · Participants: 270Weg Electric Corp. Retirement Readiness 401(k) 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
Weg Electric Corp. Retirement Readiness 401(k) Plan vs. nearby 401(k) plans in Indiana, assets vs. participants
Compare Weg Electric Corp. Retirement Readiness 401(k) Plan side-by-side with 3 peers →

Weg Electric Corp. Retirement Readiness 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Ascend Marketing, LLC 401(k) Plan in TX ($4M); by covered participants it is Maxair Mechanical 401(k) Plan in GA (270 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (270 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 Weg Electric Corp. Retirement Readiness 401(k) Plan assets move in 2022? ▼
Weg Electric Corp. Retirement Readiness 401(k) Plan declined sharply - down 29.9% during 2022, from $6M to $4M. Reported net income was -$2M.
How have Weg Electric Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Weg Electric Corp.'s sponsor-wide assets grew 83.1%, from $63M to $115M.
Which 401(k) plans are similar in size to Weg Electric Corp. Retirement Readiness 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Ascend Marketing, LLC 401(k) Plan in TX ($4M, 31 participants).
Which 401(k) plans cover a similar participant headcount to Weg Electric Corp. Retirement Readiness 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Maxair Mechanical 401(k) Plan in GA (270 participants, N/A 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 650280210.

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.