401(k) · DOL Form 5500 · 2023

Welch Packaging Group, Inc. 401(k) Plan

Data updated 2026-08-25

$43M
Total assets Below avg plan size: 1,120
Participants Near avg headcount: 84th
Percentile by assets National rank: $38,829
Avg per participant Low balance/head

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Official DOL plan name: Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Welch Packaging Group, Inc. · Indiana · Manufacturing

$43M in assets, 1,120 participants

Welch Packaging Group, Inc.'s Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported $43M in total assets and 1,120 participants in its 2023 DOL Form 5500 filing, ranking in the 84th 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.

#14,442 in Manufacturing (18,722 peers)

Coverage in Indiana

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust covers 1,120 participants in Indiana, 2.1x the typical Indiana plan (state average ~541 per filing). Assets: $43M.

#14,442
in Manufacturing (18,722 peers): +22.2%
assets growth YoY: 0.4×
vs typical plan assets (national mean)

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust's outsized position by total assets

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$43,488,246 Top 16% higher than 84% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust lands in the large band (1,120 participants).

Micro (1-10) 35,718 filings (27%) Small (11-100) 27,089 filings (21%) Medium (101-1,000) 55,445 filings (43%) Large (1,001-10,000) 10,273 filings (8%) Mega (10,000+) 1,374 filings (1%)

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from -$4M in the plan year 2022 filing to $8M in the plan year 2023 filing.
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $36M in the plan year 2022 filing to $43M in the plan year 2023 filing.
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 1,053 in the plan year 2022 filing to 1,120 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 352022237 · Welch Packaging Group, Inc. PY 2023 · 401(k)

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust · $43M · 1,120 · 84th

EIN $43M
EIN 1,120
EIN 84th
EIN 401(k)
EIN near American Industrial Transport, Inc. Savings and Investment Plan
EIN ind #14442

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 Indiana →

End-of-year total assets ($M) among Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)	$36M
Net Assets (End of Year)	$43M
Net Income	$8M
Employer EIN	352022237
Plan Effective Date	1986-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Welch Packaging Group, Inc.)

Latest sponsor-wide plan assets: $55M 54.204184719431204% vs 2022; 2024 filing year

Year	Plans	Participants	Total Assets
2022	1	1,053	$36M
2023	1	1,120	$43M
2024	1	1,196	$55M

Nearby 401(k) Plans in Indiana

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

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $11.1B · 17,583
Elevance Health 401(k) Plan $11.0B · 76,590
Cummins Retirement and Savings Plan $5.7B · 28,381
Iu Health 401(k) Savings Plan $3.9B · 38,575
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $2.6B · 9,015

Compare Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust side-by-side with 3 peers →

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is American Industrial Transport, Inc. Savings and Investment Plan in MO ($43M); by covered participants it is The Cathay General Bancorp 401(k) Profit Sharing Plan in CA (1,120 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($43M here).

American Industrial Transport, Inc. Savings and Investment Plan (MO) $43M · 773
Compsych Management Corporation Retirement Plan (IL) $43M · 1,382
Catic Financial, Inc. 401(k) Plan (CT) $43M · 248
T & S Brass & Bronze Works, Inc. Retirement Savings Plan (SC) $43M · 364

Similar participant headcount

Nearest other-state filings by covered participants (1,120 participants); asset peers above are excluded.

The Cathay General Bancorp 401(k) Profit Sharing Plan (CA) 1,120 · 0 off
The Fikes Companies Profit Sharing Plan & Trust (TX) 1,120 · 0 off
Expro U.S. Employee 401(k) Plan (TX) 1,120 · 0 off
Harley-Davidson Ret Svgs Plan for Milw & Tomahawk Hrly Barg Unit Ees (WI) 1,121 · 1 off

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 Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2023? ▼

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust grew sharply - up 22.2% during 2023, from $36M to $43M. Reported net income was $8M.

How have Welch Packaging Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Welch Packaging Group, Inc.'s sponsor-wide assets grew 54.2%, from $36M to $55M.

Where does Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 84th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is American Industrial Transport, Inc. Savings and Investment Plan in MO ($43M, 773 participants).

Which 401(k) plans cover a similar participant headcount to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by covered participants is The Cathay General Bancorp 401(k) Profit Sharing Plan in CA (1,120 participants, $229M 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 352022237.