401(k) · DOL Form 5500 · 2024

Welcome Finance Company, Inc. 401(k) Plan

Data updated 2026-08-25

$914K
Total assets Small plan by assets
25
Participants Small participant base
22nd
Percentile by assets National rank
$36,567
Avg per participant Low balance/head
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Official DOL plan name: Welcome Finance Company, Inc. Employees 401(k) Plan · Sponsored by Welcome Finance Company, Inc. · North Carolina · Finance & Insurance

$914K in assets, 25 participants

Welcome Finance Company, Inc.'s Welcome Finance Company, Inc. Employees 401(k) Plan reported $914K in total assets and 25 participants in its 2024 DOL Form 5500 filing, ranking in the 22nd 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.

  • #1,085 in Finance & Insurance (8,549 peers)

Welcome Finance Company, Inc. multi-year trail

Welcome Finance Company, Inc.'s plans moved +32.6% in assets from 2022 to 2024; this filing shows Welcome Finance Company, Inc. Employees 401(k) Plan at $914K / 25 participants.

#1,085
in Finance & Insurance (8,549 peers)
+11.3%
assets growth YoY

Welcome Finance Company, Inc. Employees 401(k) Plan among the smaller filed plans by assets

Welcome Finance Company, Inc. Employees 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$914,168 22nd percentile higher than 22% of 123,620 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 2024

Welcome Finance Company, Inc. Employees 401(k) Plan among smaller filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Welcome Finance Company, Inc. Employees 401(k) Plan is a small filing (25 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Welcome Finance Company, Inc. Employees 401(k) Plan reported net income fell from $132K in the plan year 2023 filing to $93K in the plan year 2024 filing.
  • Welcome Finance Company, Inc. Employees 401(k) Plan reported participants rose from 22 in the plan year 2023 filing to 25 in the plan year 2024 filing.
  • Welcome Finance Company, Inc. Employees 401(k) Plan end-of-year assets rose from $822K in the plan year 2023 filing to $914K in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 560939475 · Welcome Finance Company, Inc. PY 2024 · 401(k)

Welcome Finance Company, Inc. Employees 401(k) Plan · $914K · 25 · 22nd

  • EBSA $914K
  • EBSA 25
  • EBSA 22nd
  • EBSA 401(k)
  • EBSA near Charles River Recovery, LLC 401(k) Plan
  • EBSA ind #1085

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 Finance & Insurance retirement plans → · Plans in North Carolina →

Welcome Finance Company, Inc. Employees 401(k) Plan in the asset neighbourhood

Welcome Finance Company, Inc. Employees 401(k) PlanWelcome Finance Company, Inc…$914KCharles River Recovery, LLC 401(k) PlanCharles River Recovery, LLC …$914KTerra Linda Veterinary Hospita 401(k) Profit Sharing Plan & TrustTerra Linda Veterinary Hospi…$914KSuperior Restoration 401(k)$915KAvis Budget De Puerto Rico, Inc. Profit Sharing PlanAvis Budget De Puerto Rico, …$915K
End-of-year total assets ($M) among Welcome Finance Company, Inc. Employees 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Welcome Finance Company, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Welcome Finance Company, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$914K 32.64402072580961% vs 2022
2024 filing year
$0.6M$0.7M$0.8M$0.9M$1M 202220232024 $0.69M $0.91M ▲ +31.9%
Year Plans Participants Total Assets
2022 1 31 $689K
2023 1 22 $822K
2024 1 25 $914K

Welcome Finance Company, Inc. filing trail (2024)

Total Assets (Beginning of Year)$822K
Net Assets (End of Year)$914K
Net Income$93K
Employer EIN560939475
Plan Effective Date1995-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in North Carolina

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

Welcome Finance Company, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -20020406080 Total assets ($B) Participants Welcome Finance Company, Inc. Employees 401(k) Plan, Total assets ($B): 0.000914168 · Participants: 25Welcome Finance Company, Inc. Employees 401(k) PlanThe Bank of America 401(k) Plan, Total assets ($B): 62.902405616 · Participants: 168963The Bank of America 401(k) PlanHoneywell 401(k) Plan, Total assets ($B): 16.316486587 · Participants: 39468Honeywell 401(k) PlanDuke Energy Retirement Savings Plan, Total assets ($B): 11.269744 · Participants: 27341Duke Energy Retirement Savings PlanNucor Corporation Profit Sharing and Retirement Savings Plan, Total assets ($B): 9.349291649 · Participants: 27070Nucor Corporation Profit Sharing and Retirement Savings PlanTruist Financial Corporation 401(k) Savings Plan, Total assets ($B): 9.231001739 · Participants: 52699Truist Financial Corporation 401(k) Savings Plan
Welcome Finance Company, Inc. Employees 401(k) Plan vs. nearby 401(k) plans in North Carolina, assets vs. participants
Compare Welcome Finance Company, Inc. Employees 401(k) Plan side-by-side with 3 peers →

Welcome Finance Company, Inc. Employees 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside North Carolina, the nearest 401(k) by assets is Charles River Recovery, LLC 401(k) Plan in MA ($914K); by covered participants it is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (25 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Welcome Finance Company, Inc. Employees 401(k) Plan assets move in 2024? ▼
Welcome Finance Company, Inc. Employees 401(k) Plan grew at a solid clip - up 11.3% during 2024, from $822K to $914K. Reported net income was $93K.
How have Welcome Finance Company, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welcome Finance Company, Inc.'s sponsor-wide assets grew 32.6%, from $689K to $914K.
Where does Welcome Finance Company, Inc. Employees 401(k) Plan rank by assets among Form 5500 filers? ▼
Welcome Finance Company, Inc. Employees 401(k) Plan ranks in the 22nd percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (among the smaller plans by assets on file).
Which 401(k) plans are similar in size to Welcome Finance Company, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Charles River Recovery, LLC 401(k) Plan in MA ($914K, 163 participants).
Which 401(k) plans cover a similar participant headcount to Welcome Finance Company, Inc. Employees 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Idaho Skin Surgery Center 401(k) Plan in ID (25 participants, $2M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 560939475.

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.