Profit Sharing · DOL Form 5500 · 2024
The Wells Group, LLC Profit Sharing Plan
Data updated 2026-08-25
- $18M
- Total assets Small plan by assets
- 182
- Participants Below avg headcount
- 68th
- Percentile by assets National rank
- $97,710
- Avg per participant Below avg balance/head
Official DOL plan name: The Wells Group, LLC Profit Sharing Plan · Sponsored by The Wells Group, LLC · Kentucky · Construction
$18M in assets, 182 participants
The Wells Group, LLC's The Wells Group, LLC Profit Sharing Plan reported $18M in total assets and 182 participants in its 2024 DOL Form 5500 filing, ranking in the 68th 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.
- #6,022 in Construction (9,039 peers)
Coverage in Kentucky
The Wells Group, LLC Profit Sharing Plan covers 182 participants in Kentucky, about 28% of the average Kentucky filer (state average ~647 per filing). Assets: $18M.
- #6,022
- in Construction (9,039 peers)
- +33.8%
- assets growth YoY
The Wells Group, LLC Profit Sharing Plan's outsized position by total assets
The Wells Group, LLC Profit Sharing Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$17,783,159 Top 32% higher than 68% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
The Wells Group, LLC Profit Sharing Plan among mid-size filed plans by headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Wells Group, LLC Profit Sharing Plan sits mid-pack in the medium band (182 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- The Wells Group, LLC Profit Sharing Plan end-of-year assets rose from $13M in the plan year 2023 filing to $18M in the plan year 2024 filing.
- The Wells Group, LLC Profit Sharing Plan reported participants fell from 219 in the plan year 2023 filing to 182 in the plan year 2024 filing.
- The Wells Group, LLC Profit Sharing Plan reported net income rose from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 610710998 · The Wells Group, LLC PY 2024 · Profit Sharing
The Wells Group, LLC Profit Sharing Plan · $18M · 182 · 68th
- IND $18M
- EOY 182
- 5500 68th
- ASSETS Profit Sharing
- PCT near Renu Contracting and Restoration Inc. 401(k) Profit Sharing Plan
- EIN ind #6022
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 Kentucky →
The Wells Group, LLC Profit Sharing Plan in the asset neighbourhood
Kentucky filing particulars
| Total Assets (Beginning of Year) | $13M |
|---|---|
| Net Assets (End of Year) | $18M |
| Net Income | $4M |
| Employer EIN | 610710998 |
| Plan Effective Date | 1995-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Wells Group, LLC)
Sponsor-wide plan assets over time
All The Wells Group, LLC plans reported in each filing year
- Latest sponsor-wide plan assets
- $18M 94.65683105496863% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 227 | $9M |
| 2023 | 1 | 219 | $13M |
| 2024 | 1 | 182 | $18M |
Nearby Profit Sharing Plans in Kentucky
Peer Profit Sharing plans, same state, same plan type, ranked by total assets.
- Commonspirit Health ERISA 403(b) Plan $2.9B · 29,259
- IBEW Local 150 Supplemental Pension Fund $311M · 1,368
- Med Center Health Retirement Savings Plan $99M · 3,155
- Dismas Charities, Inc. Retirement Plan $39M · 594
- Ball Homes, LLC Retirement Plan $39M · 220
The Wells Group, LLC Profit Sharing Plan's out-of-state Profit Sharing peers by assets and headcount
Outside Kentucky, the nearest Profit Sharing by assets is Renu Contracting and Restoration Inc. 401(k) Profit Sharing Plan in NY ($18M); by covered participants it is Oglesby Construction 401(k) Profit Sharing Plan in OH (182 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($18M here).
- Renu Contracting and Restoration Inc. 401(k) Profit Sharing Plan (NY) $18M · 221
- Radiology Associates of Oxford, P.a. Retirement Plan (MS) $18M · 6
- Retirement Plan for Employees of H. B. Magruder Memorial Hospital (OH) $18M · 362
- New York Structural Biology Center 403(b) Defined Contribution Plan (NY) $18M · 67
Similar participant headcount
Nearest other-state filings by covered participants (182 participants); asset peers above are excluded.
- Oglesby Construction 401(k) Profit Sharing Plan (OH) 182 · 0 off
- Psalms, Inc. Retirement Plan (TN) 182 · 0 off
- Webster Memorial Hospital 403b Plan (WV) 183 · 1 off
- Joseph Holt Plastering, Inc. 401(k) Profit Sharing Plan (CA) 183 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.