401(k) · DOL Form 5500 · 2023

Ray Wells, Inc 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
11
Participants Small participant base
33rd
Percentile by assets National rank
$230,599
Avg per participant Above avg balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Ray E Wells, Inc 401(k) Profit Sharing Plan · Sponsored by Ray Wells, Inc · Oregon · Construction

$3M in assets, 11 participants

Ray Wells, Inc's Ray E Wells, Inc 401(k) Profit Sharing Plan reported $3M in total assets and 11 participants in its 2023 DOL Form 5500 filing, ranking in the 33rd 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.

  • #2,811 in Construction (9,030 peers)

Ray Wells, Inc multi-year trail

Ray Wells, Inc's plans moved +45.8% in assets from 2022 to 2024; this filing shows Ray E Wells, Inc 401(k) Profit Sharing Plan at $3M / 11 participants.

#2,811
in Construction (9,030 peers)
+30.6%
assets growth YoY

Ray E Wells, Inc 401(k) Profit Sharing Plan among the smaller filed plans by assets

Ray E Wells, Inc 401(k) Profit Sharing Plan vs every filed plan by assets

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

$2,536,594 33rd percentile higher than 33% 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

Ray E Wells, Inc 401(k) Profit Sharing Plan among smaller filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Ray E Wells, Inc 401(k) Profit Sharing Plan is a small filing (11 participants) on this national headcount ladder.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Ray E Wells, Inc 401(k) Profit Sharing Plan end-of-year assets rose from $2M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Ray E Wells, Inc 401(k) Profit Sharing Plan reported net income rose from $459K in the plan year 2022 filing to $594K in the plan year 2023 filing.
  • Ray E Wells, Inc 401(k) Profit Sharing Plan reported participants fell from 13 in the plan year 2022 filing to 11 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 930622952 · Ray Wells, Inc PY 2023 · 401(k)

Ray E Wells, Inc 401(k) Profit Sharing Plan · $3M · 11 · 33rd

  • PHOTO $3M
  • PHOTO 11
  • PHOTO 33rd
  • PHOTO 401(k)
  • PHOTO near Cyrus Ventures Corporation 401(k) Plan
  • PHOTO ind #2811

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 Construction retirement plans → · Plans in Oregon →

Ray E Wells, Inc 401(k) Profit Sharing Plan in the asset neighbourhood

Ray E Wells, Inc 401(k) Profit Sharing PlanRay E Wells, Inc 401(k) Prof…$3MCyrus Ventures Corporation 401(k) PlanCyrus Ventures Corporation 4…$3MComplete Networks, Inc. Profit Sharing PlanComplete Networks, Inc. Prof…$3MOutsell, Inc. 401(k) Plan$3MRocky Mount Eye PA 401(k) Profit Sharing Plan & TrustRocky Mount Eye PA 401(k) Pr…$3M
End-of-year total assets ($M) among Ray E Wells, Inc 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Ray Wells, Inc multi-year asset trail

Sponsor-wide plan assets over time

All Ray Wells, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$3M 45.81176241622418% vs 2022
2024 filing year
$1.5M$2M$2.5M$3M 202220232024 $1.94M $2.83M ▲ +45.9%
Year Plans Participants Total Assets
2022 1 13 $2M
2023 1 11 $3M
2024 1 11 $3M

Ray Wells, Inc filing trail (2023)

Total Assets (Beginning of Year)$2M
Net Assets (End of Year)$3M
Net Income$594K
Employer EIN930622952
Plan Effective Date2005-10-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in Oregon

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

Ray E Wells, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Oregon, assets vs. participants Scatter plot of 6 data points. -1000001000020000300004000050000 -202468 Total assets ($B) Participants Ray E Wells, Inc 401(k) Profit Sharing Plan, Total assets ($B): 0.002536594 · Participants: 11Ray E Wells, Inc 401(k) Profit Sharing Plan401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc., Total assets ($B): 5.902107007 · Participants: 40345401(k) Savings and Profit Sharing Plan for Employees of Nike, Inc.Daimler Truck North America, L.L.C. Employee Retirement Savings Plan, Total assets ($B): 2.354402812 · Participants: 8353Daimler Truck North America, L.L.C. Employee Retirement Savings PlanPrecision Castparts Corp. 401(k) Retirement Savings Plan, Total assets ($B): 2.192492885 · Participants: 16687Precision Castparts Corp. 401(k) Retirement Savings PlanXpo Logistics Retirement Savings Plan, Total assets ($B): 1.809963509 · Participants: 6189Xpo Logistics Retirement Savings PlanPacificorp K Plus Employee Savings Plan, Total assets ($B): 1.59531627 · Participants: 4968Pacificorp K Plus Employee Savings Plan
Ray E Wells, Inc 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Oregon, assets vs. participants
Compare Ray E Wells, Inc 401(k) Profit Sharing Plan side-by-side with 3 peers →

Ray E Wells, Inc 401(k) Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Oregon, the nearest 401(k) by assets is Cyrus Ventures Corporation 401(k) Plan in MI ($3M); by covered participants it is True Colors International, Inc. Retirement Plan in CA (11 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (11 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 Ray E Wells, Inc 401(k) Profit Sharing Plan assets move in 2023? ▼
Ray E Wells, Inc 401(k) Profit Sharing Plan surged - up 30.6% during 2023, from $2M to $3M. Reported net income was $594K.
How have Ray Wells, Inc plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Ray Wells, Inc's sponsor-wide assets grew 45.8%, from $2M to $3M.
Which 401(k) plans are similar in size to Ray E Wells, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Cyrus Ventures Corporation 401(k) Plan in MI ($3M, 2 participants).
Which 401(k) plans cover a similar participant headcount to Ray E Wells, Inc 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is True Colors International, Inc. Retirement Plan in CA (11 participants, $863K 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 930622952.

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.