ESOP · DOL Form 5500 · 2024

Bane-Welker, Inc. ESOP

Data updated 2026-08-25

$15M
Total assets Small plan by assets
446
Participants Below avg headcount
64th
Percentile by assets National rank
$32,559
Avg per participant Low balance/head
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Official DOL plan name: Bane-Welker Employee Stock Ownership Plan · Sponsored by Bane-Welker, Inc. · Indiana · Retail Trade

$15M in assets, 446 participants

Bane-Welker, Inc.'s Bane-Welker Employee Stock Ownership Plan reported $15M in total assets and 446 participants in its 2024 DOL Form 5500 filing, ranking in the 64th 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.

  • #6,013 in Retail Trade (8,048 peers)

Bane-Welker, Inc. multi-year trail

Bane-Welker, Inc.'s plans moved -61.1% in assets from 2022 to 2024; this filing shows Bane-Welker Employee Stock Ownership Plan at $15M / 446 participants.

#6,013
in Retail Trade (8,048 peers)
-50.3%
assets change YoY

The plan reported a net loss of $15M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Bane-Welker Employee Stock Ownership Plan's mid-pack asset rank among Retail Trade and all filers

Bane-Welker Employee Stock Ownership Plan vs every filed plan by assets

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

$14,521,402 Top 36% higher than 64% 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

Bane-Welker Employee Stock Ownership 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. Bane-Welker Employee Stock Ownership Plan sits mid-pack in the medium band (446 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Bane-Welker Employee Stock Ownership Plan reported net income fell from -$8M in the plan year 2023 filing to -$15M in the plan year 2024 filing.
  • Bane-Welker Employee Stock Ownership Plan end-of-year assets fell from $29M in the plan year 2023 filing to $15M in the plan year 2024 filing.
  • Bane-Welker Employee Stock Ownership Plan reported participants rose from 434 in the plan year 2023 filing to 446 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 351182790 · Bane-Welker, Inc. PY 2024 · ESOP

Bane-Welker Employee Stock Ownership Plan · $15M · 446 · 64th

  • NET $15M
  • BOOK 446
  • VS-ST 64th
  • BOY ESOP
  • SCH near Indus Technology, Inc Employee Stock Ownership Plan
  • EBSA ind #6013

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 What is an ESOP? → · Plans in Indiana →

Bane-Welker Employee Stock Ownership Plan in the asset neighbourhood

G2 Software Systems, Inc. Employee Stock Ownership PlanG2 Software Systems, Inc. Em…$15MNew Harbinger Publications Employee Stock Ownership PlanNew Harbinger Publications E…$15MBane-Welker Employee Stock Ownership PlanBane-Welker Employee Stock O…$15MIndus Technology, Inc Employee Stock Ownership PlanIndus Technology, Inc Employ…$15MR & R Millwork, Inc. Employee Stock Ownership PlanR & R Millwork, Inc. Employe…$15M
End-of-year total assets ($M) among Bane-Welker Employee Stock Ownership Plan and nearest nationwide ESOP peers. Source: DOL Form 5500 plan year 2024.

Bane-Welker, Inc. multi-year asset trail

Sponsor-wide plan assets over time

All Bane-Welker, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$15M 61.14949680346342% vs 2022
2024 filing year
$10M$20M$30M$40M 202220232024 $37.4M $14.5M ▼ -61.2%
Year Plans Participants Total Assets
2022 1 388 $37M
2023 1 434 $29M
2024 1 446 $15M

Bane-Welker, Inc. filing trail (2024)

Total Assets (Beginning of Year)$29M
Net Assets (End of Year)$14M
Net Income-$15M
Employer EIN351182790
Plan Effective Date2017-01-01
Filing StatusFILING RECEIVED

Nearby ESOP Plans in Indiana

Peer ESOP plans, same state, same plan type, ranked by total assets.

Bane-Welker Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants Scatter plot of 6 data points. -1000010002000300040005000 -0.500.511.522.5 Total assets ($B) Participants Bane-Welker Employee Stock Ownership Plan, Total assets ($B): 0.014521402 · Participants: 446Bane-Welker Employee Stock Ownership PlanJasper Holdings, Inc Employee Stock Ownership Plan and Trust, Total assets ($B): 2.185109137 · Participants: 4295Jasper Holdings, Inc Employee Stock Ownership Plan and TrustUrschel Laboratories Employee Stock Ownership Plan, Total assets ($B): 0.432438721 · Participants: 509Urschel Laboratories Employee Stock Ownership PlanNibco Inc. Employee Stock Ownership Plan, Total assets ($B): 0.376983564 · Participants: 1370Nibco Inc. Employee Stock Ownership PlanDucharme, Mcmillen & Associates, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.170278352 · Participants: 622Ducharme, Mcmillen & Associates, Inc. Employee Stock Ownership PlanErmco, Inc. Employee Stock Ownership Plan, Total assets ($B): 0.151428287 · Participants: 123Ermco, Inc. Employee Stock Ownership Plan
Bane-Welker Employee Stock Ownership Plan vs. nearby ESOP plans in Indiana, assets vs. participants
Compare Bane-Welker Employee Stock Ownership Plan side-by-side with 3 peers →

Bane-Welker Employee Stock Ownership Plan's out-of-state ESOP peers by assets and headcount

Outside Indiana, the nearest ESOP by assets is Indus Technology, Inc Employee Stock Ownership Plan in CA ($15M); by covered participants it is Hills Bank and Trust Employee Stock Ownership Plan in IA (445 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (446 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 Bane-Welker Employee Stock Ownership Plan assets move in 2024? ▼
Bane-Welker Employee Stock Ownership Plan contracted severely - down 50.3% during 2024, from $29M to $15M. Reported net income was -$15M.
How have Bane-Welker, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Bane-Welker, Inc.'s sponsor-wide assets declined 61.1%, from $37M to $15M.
Which ESOP plans are similar in size to Bane-Welker Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by assets is Indus Technology, Inc Employee Stock Ownership Plan in CA ($15M, 454 participants).
Which ESOP plans cover a similar participant headcount to Bane-Welker Employee Stock Ownership Plan? ▼
Among ESOP plans in other states, the closest by covered participants is Hills Bank and Trust Employee Stock Ownership Plan in IA (445 participants, $59M 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 351182790.

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.