401(k) · DOL Form 5500 · 2024

Welding Technology Corp 401(k) Plan

Data updated 2026-08-25

$10M
Total assets Small plan by assets
113
Participants Small participant base
56th
Percentile by assets National rank
$91,487
Avg per participant Below avg balance/head
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Official DOL plan name: Welding Technology Corp 401(k) Savings Plan and Trust · Sponsored by Welding Technology Corp · Michigan · Manufacturing

$10M in assets, 113 participants

Welding Technology Corp's Welding Technology Corp 401(k) Savings Plan and Trust reported $10M in total assets and 113 participants in its 2024 DOL Form 5500 filing, ranking in the 56th 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.

  • #7,542 in Manufacturing (17,777 peers)

Coverage in Michigan

Welding Technology Corp 401(k) Savings Plan and Trust covers 113 participants in Michigan, about 18% of the average Michigan filer (state average ~638 per filing). Assets: $10M.

#7,542
in Manufacturing (17,777 peers)
+7.1%
assets growth YoY

Welding Technology Corp 401(k) Savings Plan and Trust's mid-pack asset rank among Manufacturing and all filers

Welding Technology Corp 401(k) Savings Plan and Trust vs every filed plan by assets

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

$10,338,018 Top 44% higher than 56% 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

Welding Technology Corp 401(k) Savings Plan and Trust 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. Welding Technology Corp 401(k) Savings Plan and Trust sits mid-pack in the medium band (113 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Welding Technology Corp 401(k) Savings Plan and Trust reported net income fell from $1M in the plan year 2023 filing to $681K in the plan year 2024 filing.
  • Welding Technology Corp 401(k) Savings Plan and Trust end-of-year assets rose from $10M in the plan year 2023 filing to $10M in the plan year 2024 filing.
  • Welding Technology Corp 401(k) Savings Plan and Trust reported participants rose from 107 in the plan year 2023 filing to 113 in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 363623330 · Welding Technology Corp PY 2024 · 401(k)

Welding Technology Corp 401(k) Savings Plan and Trust · $10M · 113 · 56th

  • SCH $10M
  • EBSA 113
  • PART 56th
  • TYPE 401(k)
  • NET near Alcorn County Electric Power Association Employees 401(k) Plan
  • BOOK ind #7542

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 Michigan →

Welding Technology Corp 401(k) Savings Plan and Trust in the asset neighbourhood

Welding Technology Corp 401(k) Savings Plan and TrustWelding Technology Corp 401(…$10MAlcorn County Electric Power Association Employees 401(k) PlanAlcorn County Electric Power…$10MValmark, Inc. Retirement Plan$10MPlano Women's Healthcare, P.a. Employees Profit Sharing PlanPlano Women's Healthcare, P.…$10MEnvironmental Waste Minimization, Inc. 401(k) PlanEnvironmental Waste Minimiza…$10M
End-of-year total assets ($M) among Welding Technology Corp 401(k) Savings Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Michigan filing particulars

Total Assets (Beginning of Year)$10M
Net Assets (End of Year)$10M
Net Income$681K
Employer EIN363623330
Plan Effective Date1989-07-15
Filing StatusFILING RECEIVED

Sponsor Plan History (Welding Technology Corp)

Sponsor-wide plan assets over time

All Welding Technology Corp plans reported in each filing year

Latest sponsor-wide plan assets
$10M 26.130164199519562% vs 2022
2024 filing year
$7M$8M$9M$10M$11M 202220232024 $8.2M $10.3M ▲ +26.1%
Year Plans Participants Total Assets
2022 1 91 $8M
2023 1 107 $10M
2024 1 113 $10M

Nearby 401(k) Plans in Michigan

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

Welding Technology Corp 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -100102030 Total assets ($B) Participants Welding Technology Corp 401(k) Savings Plan and Trust, Total assets ($B): 0.010338018 · Participants: 113Welding Technology Corp 401(k) Savings Plan and TrustGeneral Motors Retirement Savings Plan for Salaried Employees in the United States, Total assets ($B): 23.0591668 · Participants: 43053General Motors Retirement Savings Plan for Salaried Employees in the United StatesFord Motor Co. Savings and Stock Investment Plan for Salaried Employees, Total assets ($B): 17.26893589 · Participants: 31790Ford Motor Co. Savings and Stock Investment Plan for Salaried EmployeesThe Dow Chemical Company Employees' Savings Plan, Total assets ($B): 10.768606712 · Participants: 17128The Dow Chemical Company Employees' Savings PlanThe General Motors Personal Savings Plan for Hourly-Rate Employees in the United States, Total assets ($B): 9.568379082 · Participants: 42513The General Motors Personal Savings Plan for Hourly-Rate Employees in the United StatesFord Motor Co. Tax-Efficient Savings Plan for Hourly Employees, Total assets ($B): 8.2932975 · Participants: 60497Ford Motor Co. Tax-Efficient Savings Plan for Hourly Employees
Welding Technology Corp 401(k) Savings Plan and Trust vs. nearby 401(k) plans in Michigan, assets vs. participants
Compare Welding Technology Corp 401(k) Savings Plan and Trust side-by-side with 3 peers →

Welding Technology Corp 401(k) Savings Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Michigan, the nearest 401(k) by assets is Alcorn County Electric Power Association Employees 401(k) Plan in MS ($10M); by covered participants it is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (113 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 Welding Technology Corp 401(k) Savings Plan and Trust assets move in 2024? ▼
Welding Technology Corp 401(k) Savings Plan and Trust grew at a solid clip - up 7.1% during 2024, from $10M to $10M. Reported net income was $681K.
How have Welding Technology Corp plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welding Technology Corp's sponsor-wide assets grew 26.1%, from $8M to $10M.
Which 401(k) plans are similar in size to Welding Technology Corp 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Alcorn County Electric Power Association Employees 401(k) Plan in MS ($10M, 76 participants).
Which 401(k) plans cover a similar participant headcount to Welding Technology Corp 401(k) Savings Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is John Youngblood Motors Inc. Salary Savings & Profit Sharing Plan in MO (113 participants, $918K 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 363623330.

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.