Profit Sharing · DOL Form 5500 · 2023
Wellons Group, Inc. Profit Sharing Plan
Data updated 2026-08-11
- $48M
- Total assets
- 184
- Participants
- 85th
- Percentile by assets
- $259,810
- Avg per participant
Official DOL plan name: Wellons Group, Inc. Profit Sharing Plan and Trust · Sponsored by Wellons Group, Inc. · Washington · Manufacturing
$48M in assets, 184 participants
Wellons Group, Inc.'s Wellons Group, Inc. Profit Sharing Plan and Trust reported $48M in total assets and 184 participants in its 2023 DOL Form 5500 filing, ranking in the 85th 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.
- 85th percentile by assets (of 127,072 plans)
- #14,695 in Manufacturing (18,722 peers)
Coverage in Washington
Wellons Group, Inc. Profit Sharing Plan and Trust covers 184 participants in Washington, about 12% of the average Washington filer (state average ~1,476 per filing). Assets: $48M.
- $48M
- total plan assets (2023 EOY)
- 184
- covered participants
- 85th
- percentile by assets (of 127,072 plans)
- $259,810
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Wellons Group, Inc. Profit Sharing Plan and Trust reported net income rose from -$10M in the plan year 2022 filing to $4M in the plan year 2023 filing.
- Wellons Group, Inc. Profit Sharing Plan and Trust end-of-year assets rose from $43M in the plan year 2022 filing to $48M in the plan year 2023 filing.
- Wellons Group, Inc. Profit Sharing Plan and Trust reported participants rose from 178 in the plan year 2022 filing to 184 in the plan year 2023 filing.
Participants vs Washington filers
In Washington, the average filing covers about 1,476 participants across 2,612 plans. Wellons Group, Inc. Profit Sharing Plan and Trust reports 184 participants - about 12% of that state average ($48M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $43M |
|---|---|
| Net Assets (End of Year) | $48M |
| Net Income | $4M |
| Employer EIN | 271458904 |
| Plan Effective Date | 1974-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wellons Group, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 178 | $43M |
| 2023 | 1 | 184 | $48M |
| 2024 | 1 | 202 | $45M |
Nearby Profit Sharing Plans in Washington
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
Wellons Group, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Washington, assets vs. participants
- Bill & Melinda Gates Foundation Sharing Retirement Plan $579M · 1,735
- Itron, Inc. Incentive Savings Plan $576M · 2,440
- Multicare Health System Retirement Account Plan $478M · 11,441
- SEIU 775 Secure Retirement Plan $384M · 70,796
- Western Washington Painters Defined Contribution Pension Plan $259M · 1,660
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Wellons Group, Inc. Profit Sharing Plan and Trust by total assets, not by location.
- Casa Colina, Inc. 403(b) Retirement Plan (CA) $48M · 1,064
- Pharmachem Laboratories, Inc. Profit Sharing Plan (DE) $48M · 106
- NECA-IBEW 1205 Pension Fund (FL) $48M · 693
- Judge Rotenberg Educational Center, Inc. Retiremen (MA) $48M · 1,020
Frequently Asked Questions
How did Wellons Group, Inc. Profit Sharing Plan and Trust assets move in 2023? ▼
How have Wellons Group, Inc. plan assets changed over time? ▼
Where does Wellons Group, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Wellons Group, Inc. Profit Sharing Plan and Trust? ▼
Next read for Wellons Group, Inc. Profit Sharing Plan …
Filing takeaways
Ways to act on Wellons Group, Inc. Profit Sharing Plan and Trust's numbers.
- By total assets, Wellons Group, Inc. Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Washington. Compare plans
- Wellons Group, Inc.'s sponsor-wide assets have grown 4.7% since 2022 across 3 plan years on file. More Manufacturing plans