401(k) · DOL Form 5500 · 2023

Welch Bros., Inc. 401(k) Plan

Data updated 2026-08-25

$55M
Total assets Below avg plan size
202
Participants Below avg headcount
87th
Percentile by assets National rank
$274,174
Avg per participant High balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Welch Bros., Inc. Profit Sharing Plan · Sponsored by Welch Bros., Inc. · Illinois · Manufacturing

$55M in assets, 202 participants

Welch Bros., Inc.'s Welch Bros., Inc. Profit Sharing Plan reported $55M in total assets and 202 participants in its 2023 DOL Form 5500 filing, ranking in the 87th 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.

  • #15,056 in Manufacturing (18,722 peers)

Coverage in Illinois

Welch Bros., Inc. Profit Sharing Plan covers 202 participants in Illinois, about 26% of the average Illinois filer (state average ~779 per filing). Assets: $55M.

#15,056
in Manufacturing (18,722 peers)
+17.5%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Welch Bros., Inc. Profit Sharing Plan's outsized position by total assets

Welch Bros., Inc. Profit Sharing Plan vs every filed plan by assets

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

$55,383,049 Top 13% higher than 87% 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

Welch Bros., Inc. 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. Welch Bros., Inc. Profit Sharing Plan sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Welch Bros., Inc. Profit Sharing Plan reported net income rose from $292K in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Welch Bros., Inc. Profit Sharing Plan end-of-year assets rose from $47M in the plan year 2022 filing to $55M in the plan year 2023 filing.
  • Welch Bros., Inc. Profit Sharing Plan reported participants rose from 188 in the plan year 2022 filing to 202 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 363115602 · Welch Bros., Inc. PY 2023 · 401(k)

Welch Bros., Inc. Profit Sharing Plan · $55M · 202 · 87th

  • 5500 $55M
  • ASSETS 202
  • PCT 87th
  • EIN 401(k)
  • RANK near Onpoint Group, LLC 401(k) Plan
  • PHOTO ind #15056

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 →

Welch Bros., Inc. Profit Sharing Plan in the asset neighbourhood

Spin Master 401(k) Plan$55MSentinelone, Inc 401(k) Plan$55MWelch Bros., Inc. Profit Sharing PlanWelch Bros., Inc. Profit Sha…$55MOnpoint Group, LLC 401(k) PlanOnpoint Group, LLC 401(k) Pl…$55MJf Acquisition, LLC 401(k) PlanJf Acquisition, LLC 401(k) P…$55M
End-of-year total assets ($M) among Welch Bros., Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Illinois filing particulars

Total Assets (Beginning of Year)$47M
Net Assets (End of Year)$55M
Net Income$8M
Employer EIN363115602
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welch Bros., Inc.)

Sponsor-wide plan assets over time

All Welch Bros., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 17.77409452082335% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $47.2M $55.5M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 188 $47M
2023 1 202 $55M
2024 1 197 $56M

Nearby 401(k) Plans in Illinois

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

Welch Bros., Inc. Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -505101520 Total assets ($B) Participants Welch Bros., Inc. Profit Sharing Plan, Total assets ($B): 0.055383049 · Participants: 202Welch Bros., Inc. 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
Welch Bros., Inc. Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Welch Bros., Inc. Profit Sharing Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Onpoint Group, LLC 401(k) Plan in OH ($55M); by covered participants it is Advantage Engineers, LLC 401(k) Plan in MD (202 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($55M here).

Similar participant headcount

Nearest other-state filings by covered participants (202 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 Welch Bros., Inc. Profit Sharing Plan assets move in 2023? ▼
Welch Bros., Inc. Profit Sharing Plan grew sharply - up 17.5% during 2023, from $47M to $55M. Reported net income was $8M.
How have Welch Bros., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welch Bros., Inc.'s sponsor-wide assets grew 17.8%, from $47M to $56M.
Where does Welch Bros., Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Welch Bros., Inc. Profit Sharing Plan ranks in the 87th 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 Welch Bros., Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Onpoint Group, LLC 401(k) Plan in OH ($55M, 2,585 participants).
Which 401(k) plans cover a similar participant headcount to Welch Bros., Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Advantage Engineers, LLC 401(k) Plan in MD (202 participants, $9M 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 363115602.

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.