401(k) · DOL Form 5500 · 2024
The Wells Companies 401(k) Plan
Data updated 2026-08-25
- $108M
- Total assets Near avg plan size
- 1,006
- Participants Near avg headcount
- 91st
- Percentile by assets National rank
- $107,348
- Avg per participant Below avg balance/head
Official DOL plan name: Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan · Sponsored by The Wells Companies · Minnesota · Manufacturing
$108M in assets, 1,006 participants
The Wells Companies's Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan reported $108M in total assets and 1,006 participants in its 2024 DOL Form 5500 filing, ranking in the 91st 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.
- #15,401 in Manufacturing (17,777 peers)
Where Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan sits by assets
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan sits in the top 10% of all filed plans by assets, $108M for 1,006 participants (~$107,348/participant), up 29.5% in 2024.
- #15,401
- in Manufacturing (17,777 peers)
- +29.5%
- assets growth YoY
- 1.1×
- vs typical plan assets (national mean)
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan's outsized position by total assets
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$107,992,323 Top 9% higher than 91% 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 Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan's large-plan peer group by participant headcount
Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan lands in the large band (1,006 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan reported net income rose from $12M in the plan year 2023 filing to $25M in the plan year 2024 filing.
- Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan end-of-year assets rose from $83M in the plan year 2023 filing to $108M in the plan year 2024 filing.
- Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan reported participants fell from 1,070 in the plan year 2023 filing to 1,006 in the plan year 2024 filing.
Form 5500 schedule snapshot
Filing strip 272789430 · The Wells Companies PY 2024 · 401(k)
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan · $108M · 1,006 · 91st
- PHOTO $108M
- IND 1,006
- EOY 91st
- 5500 401(k)
- ASSETS near Savings Plan for Employees of Aquarion Water Company
- PCT ind #15401
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 Minnesota →
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan in the asset neighbourhood
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $83M |
|---|---|
| Net Assets (End of Year) | $108M |
| Net Income | $25M |
| Employer EIN | 272789430 |
| Plan Effective Date | 1967-04-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (The Wells Companies)
Sponsor-wide plan assets over time
All The Wells Companies plans reported in each filing year
- Latest sponsor-wide plan assets
- $108M 50.41233668289671% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 752 | $72M |
| 2023 | 1 | 1,070 | $83M |
| 2024 | 1 | 1,006 | $108M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Wells Concrete Products Company Profit Sharing 401(k) and Laborers Union Supplemental Retirement Plan's out-of-state 401(k) peers by assets and headcount
Outside Minnesota, the nearest 401(k) by assets is Savings Plan for Employees of Aquarion Water Company in CT ($108M); by covered participants it is Andretti Petroleum Group Retirement Savings Plan in OR (1,006 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($108M here).
Similar participant headcount
Nearest other-state filings by covered participants (1,006 participants); asset peers above are excluded.
- Andretti Petroleum Group Retirement Savings Plan (OR) 1,006 · 0 off
- Bal Retirement Plan (CA) 1,006 · 0 off
- The Penn Mutual Retirement & Savings Plan (PA) 1,006 · 0 off
- Town & Country Markets, Inc. Retirement Savings Plan (WA) 1,005 · 1 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.