401(k) · DOL Form 5500 · 2024

Welch Packaging Group, Inc. 401(k) Plan

Data updated 2026-08-11

$55M
Total assets: 1,196
Participants: 85th
Percentile by assets: $45,883
Avg per participant

Official DOL plan name: Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust · Sponsored by Welch Packaging Group, Inc. · Indiana · Manufacturing

$55M in assets, 1,196 participants

Welch Packaging Group, Inc.'s Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported $55M in total assets and 1,196 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

85th percentile by assets (of 123,622 plans)
#14,014 in Manufacturing (17,777 peers)

Coverage in Indiana

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust covers 1,196 participants in Indiana, 2.2x the typical Indiana plan (state average ~541 per filing). Assets: $55M.

$55M
total plan assets (2024 EOY): 1,196
covered participants: 85th
percentile by assets (of 123,622 plans): $45,883
avg assets per participant

Where Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust sits by total assets

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust vs every filed plan by assets

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

$54,875,755 Top 15% higher than 85% 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

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported net income rose from $8M in the plan year 2023 filing to $11M in the plan year 2024 filing.
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust end-of-year assets rose from $43M in the plan year 2023 filing to $55M in the plan year 2024 filing.
Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reported participants rose from 1,120 in the plan year 2023 filing to 1,196 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Indiana

Industry

Manufacturing

Participants vs Indiana filers

In Indiana, the average filing covers about 541 participants across 2,302 plans. Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust reports 1,196 participants - 2.2x that state average ($55M EOY assets).

Indiana filing particulars

Total Assets (Beginning of Year)	$43M
Net Assets (End of Year)	$55M
Net Income	$11M
Employer EIN	352022237
Plan Effective Date	1986-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Welch Packaging Group, Inc.)

Total plan assets by year, all Welch Packaging Group, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	1	1,053	$36M
2023	1	1,120	$43M
2024	1	1,196	$55M

Nearby 401(k) Plans in Indiana

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

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust vs. nearby 401(k) plans in Indiana, assets vs. participants

The Lilly Employee 401(k) Plan $13.1B · 19,977
Elevance Health 401(k) Plan $12.1B · 73,120
Cummins Retirement and Savings Plan $6.4B · 30,272
Iu Health 401(k) Savings Plan $4.5B · 38,460
Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan $3.0B · 9,385

Compare Welch Packaging Group, Inc. 401(k) Profi… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust by total assets, not by location.

The International Companies Savings and Profit Sharing Plan (MO) $55M · 422
Workers' Compensation Insurance Rating Bureau of California 401(k) Plan (CA) $55M · 162
Riverwood Healthcare Center 401(k) (MN) $55M · 482
Nouryon Chemicals Hourly Savings Plan (IL) $55M · 255

Frequently Asked Questions

How did Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust assets move in 2024? ▼

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust grew sharply - up 26.2% during 2024, from $43M to $55M. Reported net income was $11M.

How have Welch Packaging Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Welch Packaging Group, Inc.'s sponsor-wide assets grew 54.2%, from $36M to $55M.

Where does Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼

Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust ranks in the 85th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).

Which 401(k) plans are similar in size to Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust? ▼

Among 401(k) plans in other states, the closest by assets is The International Companies Savings and Profit Sharing Plan in MO ($55M, 422 participants).

Next read for Welch Packaging Group, Inc. 401(k) Profi…

Filing takeaways

Ways to act on Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust's numbers.

By total assets, Welch Packaging Group, Inc. 401(k) Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Indiana. Compare plans
Welch Packaging Group, Inc.'s sponsor-wide assets have grown 54.2% 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 352022237.