401(k) · DOL Form 5500 · 2023

Wells Enterprises, Inc. 401(k) Plan

Data updated 2026-08-25

$396M
Total assets Above avg plan size
3,998
Participants Above avg headcount
97th
Percentile by assets National rank
$99,096
Avg per participant Below avg balance/head
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Official DOL plan name: Wells Enterprises, Inc. 401(k) Plan · Sponsored by Wells Enterprises, Inc. · Iowa · Manufacturing

$396M in assets, 3,998 participants

Wells Enterprises, Inc.'s Wells Enterprises, Inc. 401(k) Plan reported $396M in total assets and 3,998 participants in its 2023 DOL Form 5500 filing, ranking in the 97th 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.

  • #17,784 in Manufacturing (18,722 peers)

Coverage in Iowa

Wells Enterprises, Inc. 401(k) Plan covers 3,998 participants in Iowa, 6.6x the typical Iowa plan (state average ~609 per filing). Assets: $396M.

#17,784
in Manufacturing (18,722 peers)
+17.4%
assets growth YoY
4.0×
vs typical plan assets (national mean)

Wells Enterprises, Inc. 401(k) Plan's outsized position by total assets

Wells Enterprises, Inc. 401(k) Plan vs every filed plan by assets

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

$396,184,239 Top 3% higher than 97% 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 Enterprises, Inc. 401(k) Plan'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. Wells Enterprises, Inc. 401(k) Plan lands in the large band (3,998 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wells Enterprises, Inc. 401(k) Plan reported net income rose from -$67M in the plan year 2022 filing to $59M in the plan year 2023 filing.
  • Wells Enterprises, Inc. 401(k) Plan end-of-year assets rose from $337M in the plan year 2022 filing to $396M in the plan year 2023 filing.
  • Wells Enterprises, Inc. 401(k) Plan reported participants fell from 4,077 in the plan year 2022 filing to 3,998 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 421080796 · Wells Enterprises, Inc. PY 2023 · 401(k)

Wells Enterprises, Inc. 401(k) Plan · $396M · 3,998 · 97th

  • TYPE $396M
  • NET 3,998
  • BOOK 97th
  • VS-ST 401(k)
  • BOY near Phi Group, Inc. 401(k) Retirement Plan
  • SCH ind #17784

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 Iowa →

Wells Enterprises, Inc. 401(k) Plan in the asset neighbourhood

Electric Reliability Council of Texas 401(k) Savings PlanElectric Reliability Council…$396MWells Enterprises, Inc. 401(k) PlanWells Enterprises, Inc. 401(…$396MPhi Group, Inc. 401(k) Retirement PlanPhi Group, Inc. 401(k) Retir…$396MShands Jacksonville Retirement PlanShands Jacksonville Retireme…$396MLoeb & Loeb LLP Profit Sharing and 401(k) PlanLoeb & Loeb LLP Profit Shari…$396M
End-of-year total assets ($M) among Wells Enterprises, Inc. 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$337M
Net Assets (End of Year)$396M
Net Income$59M
Employer EIN421080796
Plan Effective Date1985-09-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wells Enterprises, Inc.)

Sponsor-wide plan assets over time

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

Latest sponsor-wide plan assets
$446M 32.12536435612554% vs 2022
2024 filing year
$300M$350M$400M$450M$500M 202220232024 $337M $446M ▲ +32.1%
Year Plans Participants Total Assets
2022 1 4,077 $337M
2023 1 3,998 $396M
2024 1 3,780 $446M

Nearby 401(k) Plans in Iowa

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

Wells Enterprises, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 0200004000060000 012345 Total assets ($B) Participants Wells Enterprises, Inc. 401(k) Plan, Total assets ($B): 0.396184239 · Participants: 3998Wells Enterprises, Inc. 401(k) PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Wells Enterprises, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Wells Enterprises, Inc. 401(k) Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Phi Group, Inc. 401(k) Retirement Plan in LA ($396M); by covered participants it is Fresenius Kabi USA, LLC Savings & Ret Plan in IL (3,999 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($396M here).

Similar participant headcount

Nearest other-state filings by covered participants (3,998 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 Enterprises, Inc. 401(k) Plan assets move in 2023? ▼
Wells Enterprises, Inc. 401(k) Plan grew sharply - up 17.4% during 2023, from $337M to $396M. Reported net income was $59M.
How have Wells Enterprises, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wells Enterprises, Inc.'s sponsor-wide assets grew 32.1%, from $337M to $446M.
Where does Wells Enterprises, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼
Wells Enterprises, Inc. 401(k) Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Wells Enterprises, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Phi Group, Inc. 401(k) Retirement Plan in LA ($396M, 1,986 participants).
Which 401(k) plans cover a similar participant headcount to Wells Enterprises, Inc. 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Fresenius Kabi USA, LLC Savings & Ret Plan in IL (3,999 participants, $500M 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 421080796.

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.