401(k) · DOL Form 5500 · 2024

Wessels Company 401(k) Plan

Data updated 2026-08-25

$5M
Total assets Small plan by assets
131
Participants Small participant base
42nd
Percentile by assets National rank
$38,027
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Wessels Company Employees' Savings and Investment Plan · Sponsored by Wessels Company · Indiana · Manufacturing

$5M in assets, 131 participants

Wessels Company's Wessels Company Employees' Savings and Investment Plan reported $5M in total assets and 131 participants in its 2024 DOL Form 5500 filing, ranking in the 42nd 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.

  • #4,444 in Manufacturing (17,777 peers)

Coverage in Indiana

Wessels Company Employees' Savings and Investment Plan covers 131 participants in Indiana, about 24% of the average Indiana filer (state average ~541 per filing). Assets: $5M.

#4,444
in Manufacturing (17,777 peers)
+18.5%
assets growth YoY

Wessels Company Employees' Savings and Investment Plan's mid-pack asset rank among Manufacturing and all filers

Wessels Company Employees' Savings and Investment Plan vs every filed plan by assets

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

$4,981,591 42nd percentile higher than 42% 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

Wessels Company Employees' Savings and Investment 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. Wessels Company Employees' Savings and Investment Plan sits mid-pack in the medium band (131 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wessels Company Employees' Savings and Investment Plan end-of-year assets rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Wessels Company Employees' Savings and Investment Plan reported net income fell from $909K in the plan year 2023 filing to $776K in the plan year 2024 filing.
  • Wessels Company Employees' Savings and Investment Plan reported participants fell from 144 in the plan year 2023 filing to 131 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 381900599 · Wessels Company PY 2024 · 401(k)

Wessels Company Employees' Savings and Investment Plan · $5M · 131 · 42nd

  • PCT $5M
  • PCT 131
  • PCT 42nd
  • PCT 401(k)
  • PCT near Gladstone Gallery, LLC 401(k) Profit Sharing Plan
  • PCT ind #4444

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 Indiana →

Wessels Company Employees' Savings and Investment Plan in the asset neighbourhood

Wessels Company Employees' Savings and Investment PlanWessels Company Employees' S…$5MGladstone Gallery, LLC 401(k) Profit Sharing PlanGladstone Gallery, LLC 401(k…$5MTully & Associates, Ltd Employee Savings Plan Formerly Tully &associates, Ltd. Profit Sharing PlTully & Associates, Ltd Empl…$5MUnited Community Bank of West Kentucky, Inc. 401(k) PlanUnited Community Bank of Wes…$5MRocket Youth Brands 401(k) PlanRocket Youth Brands 401(k) P…$5M
End-of-year total assets ($M) among Wessels Company Employees' Savings and Investment Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Indiana filing particulars

Total Assets (Beginning of Year)$4M
Net Assets (End of Year)$5M
Net Income$776K
Employer EIN381900599
Plan Effective Date1989-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wessels Company)

Sponsor-wide plan assets over time

All Wessels Company plans reported in each filing year

Latest sponsor-wide plan assets
$5M 51.115195513372754% vs 2022
2024 filing year
$3M$4M$5M$6M 202220232024 $3.3M $4.98M ▲ +50.9%
Year Plans Participants Total Assets
2022 1 127 $3M
2023 1 144 $4M
2024 1 131 $5M

Nearby 401(k) Plans in Indiana

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

Wessels Company Employees' Savings and Investment Plan vs. nearby 401(k) plans in Indiana, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -5051015 Total assets ($B) Participants Wessels Company Employees' Savings and Investment Plan, Total assets ($B): 0.004981591 · Participants: 131Wessels Company Employees' Savings and Investment PlanThe Lilly Employee 401(k) Plan, Total assets ($B): 13.056609955 · Participants: 19977The Lilly Employee 401(k) PlanElevance Health 401(k) Plan, Total assets ($B): 12.109864062 · Participants: 73120Elevance Health 401(k) PlanCummins Retirement and Savings Plan, Total assets ($B): 6.366370789 · Participants: 30272Cummins Retirement and Savings PlanIu Health 401(k) Savings Plan, Total assets ($B): 4.481656061 · Participants: 38460Iu Health 401(k) Savings PlanSteel Dynamics, Inc. Profit Sharing and Retirement Savings Plan, Total assets ($B): 2.996436059 · Participants: 9385Steel Dynamics, Inc. Profit Sharing and Retirement Savings Plan
Wessels Company Employees' Savings and Investment Plan vs. nearby 401(k) plans in Indiana, assets vs. participants

Wessels Company Employees' Savings and Investment Plan's out-of-state 401(k) peers by assets and headcount

Outside Indiana, the nearest 401(k) by assets is Gladstone Gallery, LLC 401(k) Profit Sharing Plan in NY ($5M); by covered participants it is T/J Inspection, Inc. 401(k) Plan in OK (131 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (131 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 Wessels Company Employees' Savings and Investment Plan assets move in 2024?
Wessels Company Employees' Savings and Investment Plan grew sharply - up 18.5% during 2024, from $4M to $5M. Reported net income was $776K.
How have Wessels Company plan assets changed over time?
Across 3 plan years on file (2022-2024), Wessels Company's sponsor-wide assets grew 51.1%, from $3M to $5M.
Which 401(k) plans are similar in size to Wessels Company Employees' Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Gladstone Gallery, LLC 401(k) Profit Sharing Plan in NY ($5M, 52 participants).
Which 401(k) plans cover a similar participant headcount to Wessels Company Employees' Savings and Investment Plan?
Among 401(k) plans in other states, the closest by covered participants is T/J Inspection, Inc. 401(k) Plan in OK (131 participants, $5M in assets).