401(k) · DOL Form 5500 · 2022

Weg Electric Corp. 401(k) Plan

Data updated 2026-08-25

$58M
Total assets Below avg plan size
723
Participants Near avg headcount
89th
Percentile by assets National rank
$80,706
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Weg U.S. 401(k) Retirement Plan · Sponsored by Weg Electric Corp. · Georgia · Manufacturing

$58M in assets, 723 participants

Weg Electric Corp.'s Weg U.S. 401(k) Retirement Plan reported $58M in total assets and 723 participants in its 2022 DOL Form 5500 filing, ranking in the 89th 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.

  • #17,318 in Manufacturing (20,602 peers)

Where Weg U.S. 401(k) Retirement Plan sits by assets

Weg U.S. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $58M for 723 participants (~$80,706/participant), down 18.0% in 2022.

#17,318
in Manufacturing (20,602 peers)
-18.0%
assets change YoY
0.6×
vs typical plan assets (national mean)

The plan reported a net loss of $13M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Weg U.S. 401(k) Retirement Plan's outsized position by total assets

Weg U.S. 401(k) Retirement Plan vs every filed plan by assets

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

$58,350,293 Top 11% higher than 89% 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 U.S. 401(k) Retirement 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 U.S. 401(k) Retirement Plan sits mid-pack in the medium band (723 participants).

DOL schedule card

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

Weg U.S. 401(k) Retirement Plan · $58M · 723 · 89th

  • IND $58M
  • IND 723
  • IND 89th
  • IND 401(k)
  • IND near Nuscale Power, LLC 401(k) Plan
  • IND ind #17318

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 Georgia →

Weg U.S. 401(k) Retirement Plan in the asset neighbourhood

Union Home Mortgage Corporation 401(k) PlanUnion Home Mortgage Corporat…$58MWeg U.S. 401(k) Retirement PlanWeg U.S. 401(k) Retirement P…$58MNuscale Power, LLC 401(k) PlanNuscale Power, LLC 401(k) Pl…$58MHome Federal Bank of Tennessee 401(k) Profit Sharing PlanHome Federal Bank of Tenness…$58MGlenwood Management Corporation 401(k) Savings PlanGlenwood Management Corporat…$58M
End-of-year total assets ($M) among Weg U.S. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2022.

Scale-class filing particulars (2022)

Total Assets (Beginning of Year)$71M
Net Assets (End of Year)$58M
Net Income-$13M
Employer EIN650280210
Plan Effective Date1986-07-01
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 Georgia

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

Weg U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Weg U.S. 401(k) Retirement Plan, Total assets ($B): 0.058350293 · Participants: 723Weg U.S. 401(k) Retirement PlanThe Teamster-UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 14.668727371 · Participants: 549610The Teamster-UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 13.242875281 · Participants: 72820Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 11.498981924 · Participants: 12193Delta 401(k) Retirement Plan for PilotsUPS 401 (K) Savings Plan, Total assets ($B): 11.31621995 · Participants: 107310UPS 401 (K) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 10.714648719 · Participants: 423174The Home Depot Futurebuilder
Weg U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Weg U.S. 401(k) Retirement Plan side-by-side with 3 peers →

Weg U.S. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is Nuscale Power, LLC 401(k) Plan in OR ($58M); by covered participants it is Dallasnews Corporation Savings Plan in TX (723 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (723 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 U.S. 401(k) Retirement Plan assets move in 2022? ▼
Weg U.S. 401(k) Retirement Plan declined sharply - down 18.0% during 2022, from $71M to $58M. Reported net income was -$13M.
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.
Where does Weg U.S. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Weg U.S. 401(k) Retirement Plan ranks in the 89th 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 Weg U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is Nuscale Power, LLC 401(k) Plan in OR ($58M, 444 participants).
Which 401(k) plans cover a similar participant headcount to Weg U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Dallasnews Corporation Savings Plan in TX (723 participants, $181M 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.