Profit Sharing · DOL Form 5500 · 2023

The Wells Group, LLC Profit Sharing Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
219
Participants Below avg headcount
65th
Percentile by assets National rank
$60,696
Avg per participant Low balance/head
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Official DOL plan name: The Wells Group, LLC Profit Sharing Plan · Sponsored by The Wells Group, LLC · Kentucky · Construction

$13M in assets, 219 participants

The Wells Group, LLC's The Wells Group, LLC Profit Sharing Plan reported $13M in total assets and 219 participants in its 2023 DOL Form 5500 filing, ranking in the 65th 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.

  • #5,710 in Construction (9,030 peers)

Coverage in Kentucky

The Wells Group, LLC Profit Sharing Plan covers 219 participants in Kentucky, about 34% of the average Kentucky filer (state average ~647 per filing). Assets: $13M.

#5,710
in Construction (9,030 peers)
+45.5%
assets growth YoY

The Wells Group, LLC Profit Sharing Plan's mid-pack asset rank among Construction and all filers

The Wells Group, LLC Profit Sharing Plan vs every filed plan by assets

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

$13,292,431 Top 35% higher than 65% 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

The Wells Group, LLC Profit Sharing Plan 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. The Wells Group, LLC Profit Sharing Plan sits mid-pack in the medium band (219 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Wells Group, LLC Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • The Wells Group, LLC Profit Sharing Plan end-of-year assets rose from $9M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • The Wells Group, LLC Profit Sharing Plan reported participants fell from 227 in the plan year 2022 filing to 219 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Published 5500 schedule card

Filing strip 610710998 · The Wells Group, LLC PY 2023 · Profit Sharing

The Wells Group, LLC Profit Sharing Plan · $13M · 219 · 65th

  • ASSETS $13M
  • ASSETS 219
  • ASSETS 65th
  • ASSETS Profit Sharing
  • ASSETS near Area Agency on Aging, Psa2 403(b) Plan
  • ASSETS ind #5710

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 Construction retirement plans → · Plans in Kentucky →

The Wells Group, LLC Profit Sharing Plan in the asset neighbourhood

Plumbing, Piping & Construction, Inc. Profit Sharing PlanPlumbing, Piping & Construct…$13MEc Waste Puerto Rico Retirement Plan Retirement PlanEc Waste Puerto Rico Retirem…$13MAsc Retirement Plan$13MArea Agency on Aging, Psa2 403(b) PlanArea Agency on Aging, Psa2 4…$13MThe Wells Group, LLC Profit Sharing PlanThe Wells Group, LLC Profit …$13M
End-of-year total assets ($M) among The Wells Group, LLC Profit Sharing Plan and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2023.

Kentucky filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$13M
Net Income$4M
Employer EIN610710998
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (The Wells Group, LLC)

Sponsor-wide plan assets over time

All The Wells Group, LLC plans reported in each filing year

Latest sponsor-wide plan assets
$18M 94.65683105496863% vs 2022
2024 filing year
$5M$10M$15M$20M 202220232024 $9.14M $17.8M ▲ +94.5%
Year Plans Participants Total Assets
2022 1 227 $9M
2023 1 219 $13M
2024 1 182 $18M

Nearby Profit Sharing Plans in Kentucky

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

The Wells Group, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants Scatter plot of 6 data points. -100000100002000030000 -10123 Total assets ($B) Participants The Wells Group, LLC Profit Sharing Plan, Total assets ($B): 0.013292431 · Participants: 219The Wells Group, LLC Profit Sharing PlanCommonspirit Health ERISA 403(b) Plan, Total assets ($B): 2.614894735 · Participants: 28336Commonspirit Health ERISA 403(b) PlanIBEW Local 150 Supplemental Pension Fund, Total assets ($B): 0.279364442 · Participants: 1293IBEW Local 150 Supplemental Pension FundCommonwealth Health Corporation Retirement Savings Plan, Total assets ($B): 0.08314617 · Participants: 2989Commonwealth Health Corporation Retirement Savings PlanDismas Charities, Inc. Retirement Plan, Total assets ($B): 0.043440542 · Participants: 540Dismas Charities, Inc. Retirement PlanBall Homes, LLC Retirement Plan, Total assets ($B): 0.037148236 · Participants: 215Ball Homes, LLC Retirement Plan
The Wells Group, LLC Profit Sharing Plan vs. nearby Profit Sharing plans in Kentucky, assets vs. participants
Compare The Wells Group, LLC Profit Sharing Plan side-by-side with 3 peers →

The Wells Group, LLC Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount

Outside Kentucky, the nearest Profit Sharing by assets is Area Agency on Aging, Psa2 403(b) Plan in OH ($13M); by covered participants it is Mark Twain Behavioral Health Employees Tax Deferred in MO (219 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (219 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 The Wells Group, LLC Profit Sharing Plan assets move in 2023? ▼
The Wells Group, LLC Profit Sharing Plan surged - up 45.5% during 2023, from $9M to $13M. Reported net income was $4M.
How have The Wells Group, LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), The Wells Group, LLC's sponsor-wide assets grew 94.7%, from $9M to $18M.
Which Profit Sharing plans are similar in size to The Wells Group, LLC Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by assets is Area Agency on Aging, Psa2 403(b) Plan in OH ($13M, 138 participants).
Which Profit Sharing plans cover a similar participant headcount to The Wells Group, LLC Profit Sharing Plan? ▼
Among Profit Sharing plans in other states, the closest by covered participants is Mark Twain Behavioral Health Employees Tax Deferred in MO (219 participants, $8M 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 610710998.

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.