401(k) · DOL Form 5500 · 2023

Welding Technology Corp 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
107
Participants Small participant base
58th
Percentile by assets National rank
$90,251
Avg per participant Below avg balance/head
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Official DOL plan name: Welding Technology Corp 401(k) Savings Plan and Trust · Sponsored by Welding Technology Corp · Michigan · Manufacturing

$10M in assets, 107 participants

Welding Technology Corp's Welding Technology Corp 401(k) Savings Plan and Trust reported $10M in total assets and 107 participants in its 2023 DOL Form 5500 filing, ranking in the 58th 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.

  • #8,203 in Manufacturing (18,722 peers)

Coverage in Michigan

Welding Technology Corp 401(k) Savings Plan and Trust covers 107 participants in Michigan, about 17% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#8,203
in Manufacturing (18,722 peers)
+17.8%
assets growth YoY

Welding Technology Corp 401(k) Savings Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Welding Technology Corp 401(k) Savings Plan and Trust vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$9,656,834 Top 42% higher than 58% of 127,068 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 2023

Welding Technology Corp 401(k) Savings Plan and Trust among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Welding Technology Corp 401(k) Savings Plan and Trust sits mid-pack in the medium band (107 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Welding Technology Corp 401(k) Savings Plan and Trust reported net income rose from -$2M in the plan year 2022 filing to $1M in the plan year 2023 filing.
  • Welding Technology Corp 401(k) Savings Plan and Trust end-of-year assets rose from $8M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Welding Technology Corp 401(k) Savings Plan and Trust reported participants rose from 91 in the plan year 2022 filing to 107 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 363623330 · Welding Technology Corp PY 2023 · 401(k)

Welding Technology Corp 401(k) Savings Plan and Trust · $10M · 107 · 58th

  • PHOTO $10M
  • PHOTO 107
  • PHOTO 58th
  • PHOTO 401(k)
  • PHOTO near L. L. Parks Livestock, Inc. Employees' 401(k) Plan
  • PHOTO ind #8203

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 Michigan →

Welding Technology Corp 401(k) Savings Plan and Trust in the asset neighbourhood

Welding Technology Corp 401(k) Savings Plan and TrustWelding Technology Corp 401(…$10ML. L. Parks Livestock, Inc. Employees' 401(k) PlanL. L. Parks Livestock, Inc. …$10MG L Mezzetta, Inc. 401(k) Savings PlanG L Mezzetta, Inc. 401(k) Sa…$10MDiacom 401(k) Savings Plan$10MEndurance Group, LLC 401(k) PlanEndurance Group, LLC 401(k) …$10M
End-of-year total assets ($M) among Welding Technology Corp 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Michigan filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$10M
Net Income$1M
Employer EIN363623330
Plan Effective Date1989-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Welding Technology Corp)

Sponsor-wide plan assets over time

All Welding Technology Corp plans reported in each filing year

Latest sponsor-wide plan assets
$10M 26.130164199519562% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $8.2M $10.3M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 91 $8M
2023 1 107 $10M
2024 1 113 $10M

Nearby 401(k) Plans in Michigan

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

Welding Technology Corp 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -50510152025 Total assets ($B) Participants Welding Technology Corp 401(k) Savings Plan and Trust, Total assets ($B): 0.009656834 · Participants: 107Welding Technology Corp 401(k) Savings Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 20.378449285 · Participants: 47299General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 15.588575271 · Participants: 30516Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.084842211 · Participants: 18088The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 8.580684909 · Participants: 40393The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 7.617084451 · Participants: 59195Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Welding Technology Corp 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Welding Technology Corp 401(k) Savings Plan and Trust side-by-side with 3 peers →

Welding Technology Corp 401(k) Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is L. L. Parks Livestock, Inc. Employees' 401(k) Plan in IL ($10M); by covered participants it is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($10M here).

Similar participant headcount

Nearest other-state filings by covered participants (107 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Welding Technology Corp 401(k) Savings Plan and Trust assets move in 2023? ▼
Welding Technology Corp 401(k) Savings Plan and Trust grew sharply - up 17.8% during 2023, from $8M to $10M. Reported net income was $1M.
How have Welding Technology Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welding Technology Corp's sponsor-wide assets grew 26.1%, from $8M to $10M.
Which 401(k) plans are similar in size to Welding Technology Corp 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is L. L. Parks Livestock, Inc. Employees' 401(k) Plan in IL ($10M, 104 participants).
Which 401(k) plans cover a similar participant headcount to Welding Technology Corp 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Northern Architectural Systems, Inc. 401(k) Plan in NJ (107 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 363623330.

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.