401(k) · DOL Form 5500 · 2023

Weg Electric Corp. 401(k) Plan

Data updated 2026-08-25

$69M
Total assets Below avg plan size
794
Participants Near avg headcount
89th
Percentile by assets National rank
$87,189
Avg per participant Below avg balance/head
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Official DOL plan name: Weg U.S. 401(k) Retirement Plan · Sponsored by Weg Electric Corp. · Georgia · Manufacturing

$69M in assets, 794 participants

Weg Electric Corp.'s Weg U.S. 401(k) Retirement Plan reported $69M in total assets and 794 participants in its 2023 DOL Form 5500 filing, ranking in the 89th 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.

  • #15,548 in Manufacturing (18,722 peers)

Where Weg U.S. 401(k) Retirement Plan sits by assets

Weg U.S. 401(k) Retirement Plan sits in the top quartile of all filed plans by assets, $69M for 794 participants (~$87,189/participant), up 18.6% in 2023.

#15,548
in Manufacturing (18,722 peers)
+18.6%
assets growth YoY
0.7×
vs typical plan assets (national mean)

Weg U.S. 401(k) Retirement Plan's outsized position by total assets

Weg U.S. 401(k) Retirement Plan vs every filed plan by assets

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

$69,228,227 Top 11% higher than 89% 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

Weg U.S. 401(k) Retirement 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. Weg U.S. 401(k) Retirement Plan sits mid-pack in the medium band (794 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Weg U.S. 401(k) Retirement Plan reported net income rose from -$13M in the plan year 2022 filing to $11M in the plan year 2023 filing.
  • Weg U.S. 401(k) Retirement Plan end-of-year assets rose from $58M in the plan year 2022 filing to $69M in the plan year 2023 filing.
  • Weg U.S. 401(k) Retirement Plan reported participants rose from 723 in the plan year 2022 filing to 794 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 650280210 · Weg Electric Corp. PY 2023 · 401(k)

Weg U.S. 401(k) Retirement Plan · $69M · 794 · 89th

  • IND $69M
  • IND 794
  • IND 89th
  • IND 401(k)
  • IND near K-M Industries Holding Co., Inc. Employee Retirement Savings Plan
  • IND ind #15548

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 Georgia →

Weg U.S. 401(k) Retirement Plan in the asset neighbourhood

Weg U.S. 401(k) Retirement PlanWeg U.S. 401(k) Retirement P…$69MK-M Industries Holding Co., Inc. Employee Retirement Savings PlanK-M Industries Holding Co., …$69MLlog Exploration Company, L.L.C. 401(k) & Profit Sharing PlanLlog Exploration Company, L.…$69MGraton Resort & Casino 401(k) PlanGraton Resort & Casino 401(k…$69MFlying Food Fare, Inc. 401(k) PlanFlying Food Fare, Inc. 401(k…$69M
End-of-year total assets ($M) among Weg U.S. 401(k) Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$58M
Net Assets (End of Year)$69M
Net Income$11M
Employer EIN650280210
Plan Effective Date1986-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weg Electric Corp.)

Sponsor-wide plan assets over time

All Weg Electric Corp. plans reported in each filing year

Latest sponsor-wide plan assets
$115M 83.1037078403425% vs 2022
2024 filing year
$40M$60M$80M$100M$120M 202220232024 $62.6M $115M ▲ +83.1%
Year Plans Participants Total Assets
2022 2 993 $63M
2023 2 1,069 $74M
2024 2 1,447 $115M

Nearby 401(k) Plans in Georgia

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

Weg U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants Scatter plot of 6 data points. -2000000200000400000600000 -505101520 Total assets ($B) Participants Weg U.S. 401(k) Retirement Plan, Total assets ($B): 0.069228227 · Participants: 794Weg U.S. 401(k) Retirement PlanThe Teamster - UPS National 401(k) Tax Deferred Savings Plan, Total assets ($B): 17.183099452 · Participants: 510511The Teamster - UPS National 401(k) Tax Deferred Savings PlanDelta 401(k) Retirement Plan, Total assets ($B): 16.184491444 · Participants: 83136Delta 401(k) Retirement PlanDelta 401(k) Retirement Plan for Pilots, Total assets ($B): 13.670948783 · Participants: 13283Delta 401(k) Retirement Plan for PilotsUPS 401(k) Savings Plan, Total assets ($B): 13.111089897 · Participants: 102231UPS 401(k) Savings PlanThe Home Depot Futurebuilder, Total assets ($B): 12.585718117 · Participants: 413365The Home Depot Futurebuilder
Weg U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
Compare Weg U.S. 401(k) Retirement Plan side-by-side with 3 peers →

Weg U.S. 401(k) Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Georgia, the nearest 401(k) by assets is K-M Industries Holding Co., Inc. Employee Retirement Savings Plan in CA ($69M); by covered participants it is Savings Plan of Pjm Interconnection, L.L.C. in PA (794 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (794 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 Weg U.S. 401(k) Retirement Plan assets move in 2023? ▼
Weg U.S. 401(k) Retirement Plan grew sharply - up 18.6% during 2023, from $58M to $69M. Reported net income was $11M.
How have Weg Electric Corp. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Weg Electric Corp.'s sponsor-wide assets grew 83.1%, from $63M to $115M.
Where does Weg U.S. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Weg U.S. 401(k) Retirement Plan ranks in the 89th 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 Weg U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is K-M Industries Holding Co., Inc. Employee Retirement Savings Plan in CA ($69M, 1,176 participants).
Which 401(k) plans cover a similar participant headcount to Weg U.S. 401(k) Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Savings Plan of Pjm Interconnection, L.L.C. in PA (794 participants, $414M 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 650280210.

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.