401(k) · DOL Form 5500 · 2024

Weld, Inc. 401(k) Plan

Data updated 2026-08-25

$3M
Total assets Small plan by assets
231
Participants Below avg headcount
34th
Percentile by assets National rank
$12,644
Avg per participant Low balance/head
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Official DOL plan name: The Chiles Group Profit Sharing and Retirement Plan · Sponsored by Weld, Inc. · Florida · Food Services & Accommodation

$3M in assets, 231 participants

Weld, Inc.'s The Chiles Group Profit Sharing and Retirement Plan reported $3M in total assets and 231 participants in its 2024 DOL Form 5500 filing, ranking in the 34th 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.

  • #2,537 in Food Services & Accommodation (3,672 peers)

Coverage in Florida

The Chiles Group Profit Sharing and Retirement Plan covers 231 participants in Florida, about 37% of the average Florida filer (state average ~628 per filing). Assets: $3M.

#2,537
in Food Services & Accommodation (3,672 peers)
-35.4%
assets change YoY

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

The Chiles Group Profit Sharing and Retirement Plan's mid-pack asset rank among Food Services & Accommodation and all filers

The Chiles Group Profit Sharing and Retirement Plan vs every filed plan by assets

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

$2,920,827 34th percentile higher than 34% 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

The Chiles Group Profit Sharing and Retirement 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 Chiles Group Profit Sharing and Retirement Plan sits mid-pack in the medium band (231 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • The Chiles Group Profit Sharing and Retirement Plan reported net income fell from $883K in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • The Chiles Group Profit Sharing and Retirement Plan end-of-year assets fell from $5M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • The Chiles Group Profit Sharing and Retirement Plan reported participants fell from 250 in the plan year 2023 filing to 231 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 591920814 · Weld, Inc. PY 2024 · 401(k)

The Chiles Group Profit Sharing and Retirement Plan · $3M · 231 · 34th

  • SCH $3M
  • SCH 231
  • SCH 34th
  • SCH 401(k)
  • SCH near The Saylor Law Firm Profit Sharing Plan and Trust
  • SCH ind #2537

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 Food Services & Accommodation retirement plans → · Plans in Florida →

The Chiles Group Profit Sharing and Retirement Plan in the asset neighbourhood

The Chiles Group Profit Sharing and Retirement PlanThe Chiles Group Profit Shar…$3MThe Saylor Law Firm Profit Sharing Plan and TrustThe Saylor Law Firm Profit S…$3MAralon Inc 401(k) Profit Sharing Plan & TrustAralon Inc 401(k) Profit Sha…$3MBay Mechanical, Inc. 401(k) PlanBay Mechanical, Inc. 401(k) …$3MLocal 6346 United Steelworkers of America AFL-CIO, Clc 401(k) PlanLocal 6346 United Steelworke…$3M
End-of-year total assets ($M) among The Chiles Group Profit Sharing and Retirement Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Florida filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$3M
Net Income-$2M
Employer EIN591920814
Plan Effective Date1996-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weld, Inc.)

Sponsor-wide plan assets over time

All Weld, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3M 19.669533725667723% vs 2022
2024 filing year
$2.5M$3M$3.5M$4M$4.5M$5M 202220232024 $3.64M $2.92M ▼ -19.8%
Year Plans Participants Total Assets
2022 1 219 $4M
2023 1 250 $5M
2024 2 391 $3M

Nearby 401(k) Plans in Florida

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

The Chiles Group Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000 -505101520 Total assets ($B) Participants The Chiles Group Profit Sharing and Retirement Plan, Total assets ($B): 0.002920827 · Participants: 231The Chiles Group Profit Sharing and Retirement PlanL3harris Retirement Savings Plan, Total assets ($B): 16.316786122 · Participants: 40330L3harris Retirement Savings PlanSavings Plan for Employees and Partners of Pwc, Total assets ($B): 13.167098888 · Participants: 51081Savings Plan for Employees and Partners of PwcAdp Totalsource Retirement Savings Plan, Total assets ($B): 9.190044852 · Participants: 310261Adp Totalsource Retirement Savings PlanPublix Super Markets, Inc. 401(k) Smart Plan, Total assets ($B): 8.068866271 · Participants: 197102Publix Super Markets, Inc. 401(k) Smart PlanNextera Energy, Inc. Employee Retirement Savings Plan, Total assets ($B): 5.484619612 · Participants: 16678Nextera Energy, Inc. Employee Retirement Savings Plan
The Chiles Group Profit Sharing and Retirement Plan vs. nearby 401(k) plans in Florida, assets vs. participants
Compare The Chiles Group Profit Sharing and Retirement Plan side-by-side with 3 peers →

The Chiles Group Profit Sharing and Retirement Plan's out-of-state 401(k) peers by assets and headcount

Outside Florida, the nearest 401(k) by assets is The Saylor Law Firm Profit Sharing Plan and Trust in GA ($3M); by covered participants it is Unitek College Utah, LLC 401(k) Plan in CA (231 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (231 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 The Chiles Group Profit Sharing and Retirement Plan assets move in 2024? ▼
The Chiles Group Profit Sharing and Retirement Plan contracted severely - down 35.4% during 2024, from $5M to $3M. Reported net income was -$2M.
How have Weld, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Weld, Inc.'s sponsor-wide assets declined 19.7%, from $4M to $3M.
Which 401(k) plans are similar in size to The Chiles Group Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Saylor Law Firm Profit Sharing Plan and Trust in GA ($3M, 5 participants).
Which 401(k) plans cover a similar participant headcount to The Chiles Group Profit Sharing and Retirement Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Unitek College Utah, LLC 401(k) Plan in CA (231 participants, N/A 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 591920814.

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.