401(k) · DOL Form 5500 · 2024

Weld-Rite Service, Inc. 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
111
Participants Small participant base
52nd
Percentile by assets National rank
$76,863
Avg per participant Below avg balance/head
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Official DOL plan name: Weld-Rite Service, Inc. 401(k) Profit Sharing Plan · Sponsored by Weld-Rite Service, Inc. · Illinois · Manufacturing

$9M in assets, 111 participants

Weld-Rite Service, Inc.'s Weld-Rite Service, Inc. 401(k) Profit Sharing Plan reported $9M in total assets and 111 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,619 in Manufacturing (17,777 peers)

Coverage in Illinois

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan covers 111 participants in Illinois, about 14% of the average Illinois filer (state average ~779 per filing). Assets: $9M.

#6,619
in Manufacturing (17,777 peers)
+6.7%
assets growth YoY

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan's mid-pack asset rank among Manufacturing and all filers

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$8,531,813 Top 48% higher than 52% 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

Weld-Rite Service, Inc. 401(k) 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. Weld-Rite Service, Inc. 401(k) Profit Sharing Plan sits mid-pack in the medium band (111 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Weld-Rite Service, Inc. 401(k) Profit Sharing Plan reported net income fell from $968K in the plan year 2023 filing to $539K in the plan year 2024 filing.
  • Weld-Rite Service, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $8M in the plan year 2023 filing to $9M in the plan year 2024 filing.
  • Weld-Rite Service, Inc. 401(k) Profit Sharing Plan reported participants rose from 105 in the plan year 2023 filing to 111 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Published 5500 schedule card

Filing strip 362841861 · Weld-Rite Service, Inc. PY 2024 · 401(k)

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan · $9M · 111 · 52nd

  • ASSETS $9M
  • PCT 111
  • EIN 52nd
  • RANK 401(k)
  • PHOTO near Safari Circuits, LLC 401(k) Plan
  • IND ind #6619

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 →

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan in the asset neighbourhood

Weld-Rite Service, Inc. 401(k) Profit Sharing PlanWeld-Rite Service, Inc. 401(…$9MSafari Circuits, LLC 401(k) PlanSafari Circuits, LLC 401(k) …$9MAquarius Water Conditioning 401(k) PlanAquarius Water Conditioning …$9MMarich Confectionery Company 401(k) PlanMarich Confectionery Company…$9MNm Management 401(k) Plan$9M
End-of-year total assets ($M) among Weld-Rite Service, Inc. 401(k) Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$8M
Net Assets (End of Year)$9M
Net Income$539K
Employer EIN362841861
Plan Effective Date1979-08-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weld-Rite Service, Inc.)

Sponsor-wide plan assets over time

All Weld-Rite Service, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$9M 21.455467558991966% vs 2022
2024 filing year
$6.5M$7M$7.5M$8M$8.5M$9M 202220232024 $7.02M $8.53M ▲ +21.5%
Year Plans Participants Total Assets
2022 1 105 $7M
2023 1 105 $8M
2024 1 111 $9M

Nearby 401(k) Plans in Illinois

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

Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Weld-Rite Service, Inc. 401(k) Profit Sharing Plan, Total assets ($B): 0.008531813 · Participants: 111Weld-Rite Service, Inc. 401(k) Profit Sharing PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Weld-Rite Service, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Weld-Rite Service, Inc. 401(k) Profit Sharing Plan side-by-side with 3 peers →

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

Outside Illinois, the nearest 401(k) by assets is Safari Circuits, LLC 401(k) Plan in MI ($9M); by covered participants it is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (111 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 Weld-Rite Service, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Weld-Rite Service, Inc. 401(k) Profit Sharing Plan grew at a solid clip - up 6.7% during 2024, from $8M to $9M. Reported net income was $539K.
How have Weld-Rite Service, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Weld-Rite Service, Inc.'s sponsor-wide assets grew 21.5%, from $7M to $9M.
Which 401(k) plans are similar in size to Weld-Rite Service, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Safari Circuits, LLC 401(k) Plan in MI ($9M, 154 participants).
Which 401(k) plans cover a similar participant headcount to Weld-Rite Service, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is R.N. Industries Trucking, Inc. Profit Sharing Plan in UT (111 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 362841861.

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.