401(k) · DOL Form 5500 · 2023

Wells Brothers, Inc. 401(k) Plan

Data updated 2026-08-25

$13M
Total assets Small plan by assets
165
Participants Small participant base
65th
Percentile by assets National rank
$81,755
Avg per participant Below avg balance/head
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Official DOL plan name: Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan · Sponsored by Wells Brothers, Inc. · Ohio · Construction

$13M in assets, 165 participants

Wells Brothers, Inc.'s Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan reported $13M in total assets and 165 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.

  • #5,738 in Construction (9,030 peers)

Coverage in Ohio

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan covers 165 participants in Ohio, about 22% of the average Ohio filer (state average ~765 per filing). Assets: $13M.

#5,738
in Construction (9,030 peers)
+22.1%
assets growth YoY

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan's mid-pack asset rank among Construction and all filers

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs every filed plan by assets

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

$13,489,578 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

Wells Brothers, Inc. / Panel Control, Inc. 401(k) 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. Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan sits mid-pack in the medium band (165 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan reported net income rose from -$2M in the plan year 2022 filing to $2M in the plan year 2023 filing.
  • Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan end-of-year assets rose from $11M in the plan year 2022 filing to $13M in the plan year 2023 filing.
  • Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan reported participants fell from 168 in the plan year 2022 filing to 165 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 311274234 · Wells Brothers, Inc. PY 2023 · 401(k)

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan · $13M · 165 · 65th

  • BOOK $13M
  • VS-ST 165
  • BOY 65th
  • SCH 401(k)
  • EBSA near Paradise Valley Estates 401(k) Retirement Plan
  • PART ind #5738

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 Ohio →

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan in the asset neighbourhood

Wells Brothers, Inc. / Panel Control, Inc. 401(k) PlanWells Brothers, Inc. / Panel…$13MParadise Valley Estates 401(k) Retirement PlanParadise Valley Estates 401(…$13MBay View Food Products 401(k) Profit Sharing PlanBay View Food Products 401(k…$13MKagome Inc. 401(k) Plan$13MThe 401(k) Plan for the Employees of Precious PlateThe 401(k) Plan for the Empl…$13M
End-of-year total assets ($M) among Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ohio filing particulars

Total Assets (Beginning of Year)$11M
Net Assets (End of Year)$13M
Net Income$2M
Employer EIN311274234
Plan Effective Date1995-03-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wells Brothers, Inc.)

Sponsor-wide plan assets over time

All Wells Brothers, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$16M 43.82720726930808% vs 2022
2024 filing year
$10M$12M$14M$16M$18M 202220232024 $11.1M $15.9M ▲ +43.8%
Year Plans Participants Total Assets
2022 1 168 $11M
2023 1 165 $13M
2024 1 177 $16M

Nearby 401(k) Plans in Ohio

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

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -50510152025 Total assets ($B) Participants Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan, Total assets ($B): 0.013489578 · Participants: 165Wells Brothers, Inc. / Panel Control, Inc. 401(k) PlanGE Retirement Savings Plan, Total assets ($B): 19.485469047 · Participants: 59766GE Retirement Savings PlanThe Sherwin-Williams Company 401(k) Plan, Total assets ($B): 10.12932701 · Participants: 47362The Sherwin-Williams Company 401(k) PlanThe Progressive 401(k) Plan, Total assets ($B): 9.225573063 · Participants: 56176The Progressive 401(k) PlanThe Kroger Co. 401(k) Retirement Savings Account Plan, Total assets ($B): 8.445085 · Participants: 129769The Kroger Co. 401(k) Retirement Savings Account PlanNationwide Savings Plan, Total assets ($B): 7.618883027 · Participants: 24715Nationwide Savings Plan
Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan vs. nearby 401(k) plans in Ohio, assets vs. participants
Compare Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan side-by-side with 3 peers →

Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Ohio, the nearest 401(k) by assets is Paradise Valley Estates 401(k) Retirement Plan in CA ($13M); by covered participants it is Fruitsmart 401(k) Plan in WA (165 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (165 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 Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan assets move in 2023? ▼
Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan grew sharply - up 22.1% during 2023, from $11M to $13M. Reported net income was $2M.
How have Wells Brothers, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wells Brothers, Inc.'s sponsor-wide assets grew 43.8%, from $11M to $16M.
Which 401(k) plans are similar in size to Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Paradise Valley Estates 401(k) Retirement Plan in CA ($13M, 268 participants).
Which 401(k) plans cover a similar participant headcount to Wells Brothers, Inc. / Panel Control, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fruitsmart 401(k) Plan in WA (165 participants, $3M 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 311274234.

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.