401(k) · DOL Form 5500 · 2024
Weg Electric Corp. 401(k) Plan
Data updated 2026-08-11
- $110M
- Total assets
- 1,147
- Participants
- 91st
- Percentile by assets
- $95,595
- Avg per participant
Official DOL plan name: Weg U.S. 401(k) Retirement Plan · Sponsored by Weg Electric Corp. · Georgia · Manufacturing
$110M in assets, 1,147 participants
Weg Electric Corp.'s Weg U.S. 401(k) Retirement Plan reported $110M in total assets and 1,147 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.
- 91st percentile by assets (of 123,622 plans)
- #15,427 in Manufacturing (17,777 peers)
Where Weg U.S. 401(k) Retirement Plan sits by assets
Weg U.S. 401(k) Retirement Plan sits in the top 10% of all filed plans by assets, $110M for 1,147 participants (~$95,595/participant), up 58.4% in 2024.
- $110M
- total plan assets (2024 EOY)
- 1,147
- covered participants
- 91st
- percentile by assets (of 123,622 plans)
- $95,595
- avg assets per participant
Where Weg U.S. 401(k) Retirement Plan sits by total assets
Weg U.S. 401(k) Retirement Plan vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$109,646,924 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
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Weg U.S. 401(k) Retirement Plan reported net income rose from $11M in the plan year 2023 filing to $40M in the plan year 2024 filing.
- Weg U.S. 401(k) Retirement Plan end-of-year assets rose from $69M in the plan year 2023 filing to $110M in the plan year 2024 filing.
- Weg U.S. 401(k) Retirement Plan reported participants rose from 794 in the plan year 2023 filing to 1,147 in the plan year 2024 filing.
Weg U.S. 401(k) Retirement Plan vs the 2024 asset distribution
By assets, Weg U.S. 401(k) Retirement Plan outranks 91% of the 123,622 plans that filed a Form 5500 for the 2024 plan year, and holds roughly 1.1x the national average plan size of $100M (721 average participants).
Scale-class filing particulars (2024)
| Total Assets (Beginning of Year) | $69M |
|---|---|
| Net Assets (End of Year) | $110M |
| Net Income | $40M |
| Employer EIN | 650280210 |
| Plan Effective Date | 1986-07-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Weg Electric Corp.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 2 | 993 | $63M |
| 2023 | 2 | 1,069 | $74M |
| 2024 | 2 | 1,447 | $115M |
Nearby 401(k) Plans in Georgia
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Weg U.S. 401(k) Retirement Plan vs. nearby 401(k) plans in Georgia, assets vs. participants
- The Teamster - UPS National 401(k) Tax Deferred Savings Plan $19.3B · 452,126
- Delta 401(k) Retirement Plan $19.0B · 89,836
- Delta 401(k) Retirement Plan for Pilots $15.9B · 14,473
- UPS 401(k) Savings Plan $14.2B · 95,250
- The Home Depot Futurebuilder $14.1B · 398,464
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Weg U.S. 401(k) Retirement Plan by total assets, not by location.
Frequently Asked Questions
How did Weg U.S. 401(k) Retirement Plan assets move in 2024? ▼
How have Weg Electric Corp. plan assets changed over time? ▼
Where does Weg U.S. 401(k) Retirement Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Weg U.S. 401(k) Retirement Plan? ▼
Next read for Weg U.S. 401(k) Retirement Plan
Scale reading
Ways to act on Weg U.S. 401(k) Retirement Plan's numbers.
- By total assets, Weg U.S. 401(k) Retirement Plan ranks in the top 10% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Georgia. Compare plans
- Weg Electric Corp.'s sponsor-wide assets have grown 83.1% since 2022 across 3 plan years on file. More Manufacturing plans