401(k) · DOL Form 5500 · 2024

Wells Enterprises, Inc. 401(k) Plan

Data updated 2026-08-11

$446M
Total assets: 3,780
Participants: 97th
Percentile by assets: $117,942
Avg per participant

Official DOL plan name: Wells Enterprises, Inc. 401(k) Plan · Sponsored by Wells Enterprises, Inc. · Iowa · Manufacturing

$446M in assets, 3,780 participants

Wells Enterprises, Inc.'s Wells Enterprises, Inc. 401(k) Plan reported $446M in total assets and 3,780 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

97th percentile by assets (of 123,622 plans)
#16,901 in Manufacturing (17,777 peers)

Coverage in Iowa

Wells Enterprises, Inc. 401(k) Plan covers 3,780 participants in Iowa, 6.2x the typical Iowa plan (state average ~609 per filing). Assets: $446M.

$446M
total plan assets (2024 EOY): 3,780
covered participants: 97th
percentile by assets (of 123,622 plans): $117,942
avg assets per participant

Where Wells Enterprises, Inc. 401(k) Plan sits by total assets

Wells Enterprises, Inc. 401(k) Plan vs every filed plan by assets

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

$445,819,965 Top 3% higher than 97% 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

Wells Enterprises, Inc. 401(k) Plan reported net income fell from $59M in the plan year 2023 filing to $50M in the plan year 2024 filing.
Wells Enterprises, Inc. 401(k) Plan end-of-year assets rose from $396M in the plan year 2023 filing to $446M in the plan year 2024 filing.
Wells Enterprises, Inc. 401(k) Plan reported participants fell from 3,998 in the plan year 2023 filing to 3,780 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Iowa

Industry

Manufacturing

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Wells Enterprises, Inc. 401(k) Plan reports 3,780 participants - 6.2x that state average ($446M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)	$396M
Net Assets (End of Year)	$446M
Net Income	$50M
Employer EIN	421080796
Plan Effective Date	1985-09-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wells Enterprises, Inc.)

Total plan assets by year, all Wells Enterprises, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	4,077	$337M
2023	1	3,998	$396M
2024	1	3,780	$446M

Nearby 401(k) Plans in Iowa

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

Wells Enterprises, Inc. 401(k) Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.6B · 12,841
The Rsm US LLP Retirement Plan $3.4B · 14,728
Iowa Health System Section 401(k) Retirement Savings Plan $3.3B · 25,072
The Hy-Vee and Affiliates 401(k) Plan $3.1B · 55,411
Transamerica 401(k) Retirement Savings Plan $2.7B · 8,059

Compare Wells Enterprises, Inc. 401(k) Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wells Enterprises, Inc. 401(k) Plan by total assets, not by location.

Qualtrics 401(k) Plan (UT) $446M · 3,044
Duncan Aviation, Inc. 401(k) Retirement Plan (NE) $446M · 2,914
Warner Music Group 401(k) Plan (NY) $446M · 2,247
Vertex, Inc. 401(k) Plan (PA) $445M · 1,362

Frequently Asked Questions

How did Wells Enterprises, Inc. 401(k) Plan assets move in 2024? ▼

Wells Enterprises, Inc. 401(k) Plan grew at a solid clip - up 12.5% during 2024, from $396M to $446M. Reported net income was $50M.

How have Wells Enterprises, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Wells Enterprises, Inc.'s sponsor-wide assets grew 32.1%, from $337M to $446M.

Where does Wells Enterprises, Inc. 401(k) Plan rank by assets among Form 5500 filers? ▼

Wells Enterprises, Inc. 401(k) Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).

Which 401(k) plans are similar in size to Wells Enterprises, Inc. 401(k) Plan? ▼

Among 401(k) plans in other states, the closest by assets is Qualtrics 401(k) Plan in UT ($446M, 3,044 participants).

Next read for Wells Enterprises, Inc. 401(k) Plan

Filing takeaways

Ways to act on Wells Enterprises, Inc. 401(k) Plan's numbers.

By total assets, Wells Enterprises, Inc. 401(k) Plan ranks in the top 5% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
Wells Enterprises, Inc.'s sponsor-wide assets have grown 32.1% since 2022 across 3 plan years on file. More Manufacturing plans

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 421080796.