401(k) · DOL Form 5500 · 2024

Weldfit Corporation 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
246
Participants Below avg headcount
52nd
Percentile by assets National rank
$33,470
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Weldfit 401(k) Plan · Sponsored by Weldfit Corporation · Texas · Manufacturing

$8M in assets, 246 participants

Weldfit Corporation's Weldfit 401(k) Plan reported $8M in total assets and 246 participants in its 2024 DOL Form 5500 filing, ranking in the 52nd 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.

  • #6,443 in Manufacturing (17,777 peers)

Coverage in Texas

Weldfit 401(k) Plan covers 246 participants in Texas, about 36% of the average Texas filer (state average ~688 per filing). Assets: $8M.

#6,443
in Manufacturing (17,777 peers)
+55.9%
assets growth YoY

Weldfit 401(k) Plan's mid-pack asset rank among Manufacturing and all filers

Weldfit 401(k) Plan vs every filed plan by assets

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

$8,233,667 Top 48% higher than 52% 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

Weldfit 401(k) 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. Weldfit 401(k) Plan sits mid-pack in the medium band (246 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Weldfit 401(k) Plan reported net income rose from $1M in the plan year 2023 filing to $3M in the plan year 2024 filing.
  • Weldfit 401(k) Plan end-of-year assets rose from $5M in the plan year 2023 filing to $8M in the plan year 2024 filing.
  • Weldfit 401(k) Plan reported participants rose from 203 in the plan year 2023 filing to 246 in the plan year 2024 filing.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 741695800 · Weldfit Corporation PY 2024 · 401(k)

Weldfit 401(k) Plan · $8M · 246 · 52nd

  • ASSETS $8M
  • ASSETS 246
  • ASSETS 52nd
  • ASSETS 401(k)
  • ASSETS near Priority Plastics Inc. 401(k) Plan
  • ASSETS ind #6443

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 Texas →

Weldfit 401(k) Plan in the asset neighbourhood

Weldfit 401(k) Plan$8MPriority Plastics Inc. 401(k) PlanPriority Plastics Inc. 401(k…$8MEducation Enrichment Services, LLC 401(k) PlanEducation Enrichment Service…$8MIdaho Falls Community Hospital 401(k) PlanIdaho Falls Community Hospit…$8MFomas, Inc. 401(k) Plan$8M
End-of-year total assets ($M) among Weldfit 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Texas filing particulars

Total Assets (Beginning of Year)$5M
Net Assets (End of Year)$8M
Net Income$3M
Employer EIN741695800
Plan Effective Date2023-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Weldfit Corporation)

Sponsor-wide plan assets over time

All Weldfit Corporation plans reported in each filing year

Latest sponsor-wide plan assets
$8M 55.85500166385824% vs 2023
2024 filing year
$4M$5M$6M$7M$8M$9M 20232024 $5.28M $8.23M ▲ +55.9%
Year Plans Participants Total Assets
2023 1 203 $5M
2024 1 246 $8M

Nearby 401(k) Plans in Texas

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

Weldfit 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -1001020304050 Total assets ($B) Participants Weldfit 401(k) Plan, Total assets ($B): 0.008233667 · Participants: 246Weldfit 401(k) PlanAT&T Retirement Savings Plan, Total assets ($B): 43.121795 · Participants: 109889AT&T Retirement Savings PlanExxonmobil Savings Plan, Total assets ($B): 23.711 · Participants: 21990Exxonmobil Savings PlanChevron Employee Savings Investment Plan, Total assets ($B): 20.378704663 · Participants: 21505Chevron Employee Savings Investment PlanCaterpillar 401(k) Savings Plan, Total assets ($B): 18.81200478 · Participants: 43873Caterpillar 401(k) Savings PlanSouthwest Airlines Co. Retirement Savings Plan, Total assets ($B): 16.991748637 · Participants: 67820Southwest Airlines Co. Retirement Savings Plan
Weldfit 401(k) Plan vs. nearby 401(k) plans in Texas, assets vs. participants

Weldfit 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Texas, the nearest 401(k) by assets is Priority Plastics Inc. 401(k) Plan in IN ($8M); by covered participants it is Russ' Restaurants Savings and Retirement Plan in MI (246 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (246 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 Weldfit 401(k) Plan assets move in 2024?
Weldfit 401(k) Plan surged - up 55.9% during 2024, from $5M to $8M. Reported net income was $3M.
How have Weldfit Corporation plan assets changed over time?
Across 2 plan years on file (2023-2024), Weldfit Corporation's sponsor-wide assets grew 55.9%, from $5M to $8M.
Which 401(k) plans are similar in size to Weldfit 401(k) Plan?
Among 401(k) plans in other states, the closest by assets is Priority Plastics Inc. 401(k) Plan in IN ($8M, 231 participants).
Which 401(k) plans cover a similar participant headcount to Weldfit 401(k) Plan?
Among 401(k) plans in other states, the closest by covered participants is Russ' Restaurants Savings and Retirement Plan in MI (246 participants, $6M in assets).