401(k) · DOL Form 5500 · 2023

Wessels Company 401(k) Plan

Data updated 2026-08-25

$4M
Total assets Small plan by assets
144
Participants Small participant base
41st
Percentile by assets National rank
$29,204
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wessels Company Employees' Savings and Investment Plan · Sponsored by Wessels Company · Indiana · Manufacturing

$4M in assets, 144 participants

Wessels Company's Wessels Company Employees' Savings and Investment Plan reported $4M in total assets and 144 participants in its 2023 DOL Form 5500 filing, ranking in the 41st 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.

  • #4,546 in Manufacturing (18,722 peers)

Coverage in Indiana

Wessels Company Employees' Savings and Investment Plan covers 144 participants in Indiana, about 27% of the average Indiana filer (state average ~541 per filing). Assets: $4M.

#4,546
in Manufacturing (18,722 peers)
+27.6%
assets growth YoY

Wessels Company Employees' Savings and Investment Plan's mid-pack asset rank among Manufacturing and all filers

Wessels Company Employees' Savings and Investment Plan vs every filed plan by assets

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

$4,205,406 41st percentile higher than 41% 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

Wessels Company Employees' Savings and Investment 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. Wessels Company Employees' Savings and Investment Plan sits mid-pack in the medium band (144 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wessels Company Employees' Savings and Investment Plan reported net income rose from -$113K in the plan year 2022 filing to $909K in the plan year 2023 filing.
  • Wessels Company Employees' Savings and Investment Plan end-of-year assets rose from $3M in the plan year 2022 filing to $4M in the plan year 2023 filing.
  • Wessels Company Employees' Savings and Investment Plan reported participants rose from 127 in the plan year 2022 filing to 144 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 381900599 · Wessels Company PY 2023 · 401(k)

Wessels Company Employees' Savings and Investment Plan · $4M · 144 · 41st

  • VS-ST $4M
  • VS-ST 144
  • VS-ST 41st
  • VS-ST 401(k)
  • VS-ST near Neurocare, Inc. 401(k) Plan
  • VS-ST ind #4546

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 →

Wessels Company Employees' Savings and Investment Plan in the asset neighbourhood

Wessels Company Employees' Savings and Investment PlanWessels Company Employees' S…$4MNeurocare, Inc. 401(k) Plan$4MP.F. Mcmullin Company 401(k) Profit Sharing PlanP.F. Mcmullin Company 401(k)…$4MMurphy O'brien, Inc. 401(k) Profit Sharing PlanMurphy O'brien, Inc. 401(k) …$4MUnion State Bank 401(k) Profit Sharing PlanUnion State Bank 401(k) Prof…$4M
End-of-year total assets ($M) among Wessels Company Employees' Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Indiana filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$4M
Net Income$909K
Employer EIN381900599
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wessels Company)

Sponsor-wide plan assets over time

All Wessels Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 51.115195513372754% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.3M $4.98M ▲ +50.9%
Year Plans Participants Total Assets
2022 1 127 $3M
2023 1 144 $4M
2024 1 131 $5M

Nearby 401(k) Plans in Indiana

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

Wessels Company Employees' Savings and Investment Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000100000 -5051015 Total assets ($B) Participants Wessels Company Employees' Savings and Investment Plan, Total assets ($B): 0.004205406 · Participants: 144Wessels Company Employees' Savings and Investment PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 11.133214731 · Participants: 17583The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 11.042395257 · Participants: 76590Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 5.730057183 · Participants: 28381Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 3.907792365 · Participants: 38575Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.573079703 · Participants: 9015Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Wessels Company Employees' Savings and Investment Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Wessels Company Employees' Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Neurocare, Inc. 401(k) Plan in MA ($4M); by covered participants it is Eagle Granite 401(k) Plan in GA (144 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (144 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 Wessels Company Employees' Savings and Investment Plan assets move in 2023?
Wessels Company Employees' Savings and Investment Plan grew sharply - up 27.6% during 2023, from $3M to $4M. Reported net income was $909K.
How have Wessels Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Wessels Company's sponsor-wide assets grew 51.1%, from $3M to $5M.
Which 401(k) plans are similar in size to Wessels Company Employees' Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Neurocare, Inc. 401(k) Plan in MA ($4M, 70 participants).
Which 401(k) plans cover a similar participant headcount to Wessels Company Employees' Savings and Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is Eagle Granite 401(k) Plan in GA (144 participants, N/A in assets).