401(k) · DOL Form 5500 · 2023

Weld-Rite Service, Inc. 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
105
Participants Small participant base
54th
Percentile by assets National rank
$76,119
Avg per participant Below avg balance/head
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Official DOL plan name: Weld-Rite Service, Inc. 401(k) Profit Sharing Plan · Sponsored by Weld-Rite Service, Inc. · Illinois · Manufacturing

$8M in assets, 105 participants

Weld-Rite Service, Inc.'s Weld-Rite Service, Inc. 401(k) Profit Sharing Plan reported $8M in total assets and 105 participants in its 2023 DOL Form 5500 filing, ranking in the 54th 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.

  • #7,274 in Manufacturing (18,722 peers)

Coverage in Illinois

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan covers 105 participants in Illinois, about 13% of the average Illinois filer (state average ~779 per filing). Assets: $8M.

#7,274
in Manufacturing (18,722 peers)
+13.8%
assets growth YoY

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$7,992,486 Top 46% higher than 54% 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

Weld-Rite Service, Inc. 401(k) Profit Sharing 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. Weld-Rite Service, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (105 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Weld-Rite Service, Inc. 401(k) Profit Sharing Plan reported net income rose from -$2M in the plan year 2022 filing to $968K in the plan year 2023 filing.
  • Weld-Rite Service, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $7M in the plan year 2022 filing to $8M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 362841861 · Weld-Rite Service, Inc. PY 2023 · 401(k)

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan · $8M · 105 · 54th

  • PHOTO $8M
  • PHOTO 105
  • PHOTO 54th
  • PHOTO 401(k)
  • PHOTO near Child Start, Inc. Employee Retirement Savings Plan
  • PHOTO ind #7274

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 Illinois →

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Weld-Rite Service, Inc. 401(k) Profit Sharing PlanWeld-Rite Service, Inc. 401(…$8MChild Start, Inc. Employee Retirement Savings PlanChild Start, Inc. Employee R…$8MHanky Panky, Ltd. Section 401(k) Profit Sharing PlanHanky Panky, Ltd. Section 40…$8MKey Rehabilitation, Inc 401(k) Retirement PlanKey Rehabilitation, Inc 401(…$8MZiosk Retirement Plan$8M
End-of-year total assets ($M) among Weld-Rite Service, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$8M
Net Income$968K
Employer EIN362841861
Plan Effective Date1979-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weld-Rite Service, Inc.)

Sponsor-wide plan assets over time

All Weld-Rite Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 21.455467558991966% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M$8.5M$9M 202220232024 $7.02M $8.53M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 105 $7M
2023 1 105 $8M
2024 1 111 $9M

Nearby 401(k) Plans in Illinois

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

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Weld-Rite Service, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.007992486 · Participants: 105Weld-Rite Service, Inc. 401(k) Profit Sharing PlanAccenture United States 401(k) Match Savings Plan, Total assets ($B): 17.594548115 · Participants: 69974Accenture United States 401(k) Match Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 16.935002041 · Participants: 60246State Farm 401(k) Savings PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 14.496191 · Participants: 38012Abbott Laboratories Stock Retirement PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 14.367975914 · Participants: 14959United Airlines Pilot Retirement Account PlanWalgreens Retirement Savings Plan, Total assets ($B): 13.444551767 · Participants: 235331Walgreens Retirement Savings Plan
Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Weld-Rite Service, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Child Start, Inc. Employee Retirement Savings Plan in CA ($8M); by covered participants it is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (105 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 Weld-Rite Service, Inc. 401(k) Profit Sharing Plan assets move in 2023? ▼
Weld-Rite Service, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 13.8% during 2023, from $7M to $8M. Reported net income was $968K.
How have Weld-Rite Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Weld-Rite Service, Inc.'s sponsor-wide assets grew 21.5%, from $7M to $9M.
Which 401(k) plans are similar in size to Weld-Rite Service, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Child Start, Inc. Employee Retirement Savings Plan in CA ($8M, 212 participants).
Which 401(k) plans cover a similar participant headcount to Weld-Rite Service, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Associated Retina Consultants 401(k) Profit Sharing Plan & Trust in AZ (105 participants, $6M 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 362841861.

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.