Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

WELCH FOODS INC., A COOPERATIVE

This Profit Sharing plan holds $4M in total assets and serves 431 participants as of 2022. It is sponsored by WELCH FOODS INC., A COOPERATIVE in Massachusetts. The plan reported positive net income of $1M for the year.

Total Assets (2023)
$4M
Participants
431
Industry
Manufacturing

What the Filing Says About WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES

WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES is a Profit Sharing retirement plan sponsored by WELCH FOODS INC., A COOPERATIVE, headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $4M in total end-of-year assets and covers 431 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 160998906, and the plan has been effective since 2008-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $3M at the beginning of 2022 to $4M at year-end — a gain of 37.9%. Net assets (after liabilities) closed the year at $4M, with reported net income of $1M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 1 prior plan-year filing from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$3M
Total Assets (End of Year)$4M
Net Assets (End of Year)$4M
Net Income$1M
Plan TypeProfit Sharing
Employer EIN160998906
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (WELCH FOODS INC., A COOPERATIVE)

Year Plans Participants Total Assets
2022 3 856 $236M
2023 3 890 $259M

Nearby Profit Sharing Plans in Massachusetts

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

Frequently Asked Questions

How much money is in the WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES?
As of the 2022 Form 5500 filing, WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES holds $4M in total assets with 431 participants. It is sponsored by WELCH FOODS INC., A COOPERATIVE.
What type of plan is WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES?
WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES is a Profit Sharing plan. It has been effective since 2008-01-01. The plan is filed with the U.S. Department of Labor under EIN 160998906.
Who sponsors the WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES?
WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES is sponsored by WELCH FOODS INC., A COOPERATIVE, located in Massachusetts. The sponsor's EIN is 160998906 and the plan operates in the Manufacturing industry.
How did WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES perform in 2022?
WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES grew by 37.9% during 2022, moving from $3M to $4M in total assets. Net income was $1M.
Where can I find official filings for WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES?
Official Form 5500 filings for WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 160998906 or plan name at efast.dol.gov.
How does WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES compare to other plans?
You can compare WELCH'S SAVINGS PLAN FOR UNION EMPLOYEES against other Profit Sharing plans on the plan type page, or view plans in Massachusetts on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

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 160998906.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.