401(k) · DOL Form 5500 · 2024

Wellborn Cabinet Inc. 401(k) Plan

Data updated 2026-08-11

$31M
Total assets
1,115
Participants
78th
Percentile by assets
$28,143
Avg per participant
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Official DOL plan name: Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan · Sponsored by Wellborn Cabinet Inc. · Alabama · Manufacturing

$31M in assets, 1,115 participants

Wellborn Cabinet Inc.'s Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan reported $31M in total assets and 1,115 participants in its 2024 DOL Form 5500 filing, ranking in the 78th 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.

  • 78th percentile by assets (of 123,622 plans)
  • #12,386 in Manufacturing (17,777 peers)

Coverage in Alabama

Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan covers 1,115 participants in Alabama, 3.1x the typical Alabama plan (state average ~360 per filing). Assets: $31M.

$31M
total plan assets (2024 EOY)
1,115
covered participants
78th
percentile by assets (of 123,622 plans)
$28,143
avg assets per participant

Where Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan sits by total assets

Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan vs every filed plan by assets

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

$31,379,600 Top 22% higher than 78% of 123,620 filed plans

This plan $0 $2,010,000,000 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

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan reported net income rose from $4M in the plan year 2023 filing to $5M in the plan year 2024 filing.
  • Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan end-of-year assets rose from $27M in the plan year 2023 filing to $31M in the plan year 2024 filing.
  • Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan reported participants fell from 1,241 in the plan year 2023 filing to 1,115 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Alabama
Industry
Manufacturing

Participants vs Alabama filers

In Alabama, the average filing covers about 360 participants across 1,591 plans. Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan reports 1,115 participants - 3.1x that state average ($31M EOY assets).

Alabama filing particulars

Total Assets (Beginning of Year)$27M
Net Assets (End of Year)$31M
Net Income$5M
Employer EIN630622867
Plan Effective Date1991-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellborn Cabinet Inc.)

$20M$25M$30M$35M 202220232024 $22.5M $31.4M ▲ +39.5%
Total plan assets by year, all Wellborn Cabinet Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,169 $22M
2023 1 1,241 $27M
2024 1 1,115 $31M

Nearby 401(k) Plans in Alabama

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

Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants Scatter plot of 6 data points. -10000010000200003000040000 -101234 Total assets ($B) Participants Wellborn Cabinet, In…, Total assets ($B): 0.0313796 · Participants: 1115Wellborn Cabinet, In…Regions Financial Co…, Total assets ($B): 3.197489981 · Participants: 20783Regions Financial Co…Encompass Health Cor…, Total assets ($B): 1.722944967 · Participants: 29454Encompass Health Cor…Hexagon Employee Ret…, Total assets ($B): 1.651353194 · Participants: 4638Hexagon Employee Ret…Vulcan 401(k) Plan, Total assets ($B): 1.472398962 · Participants: 8628Vulcan 401(k) PlanMercedes-Benz U.S. I…, Total assets ($B): 1.234118844 · Participants: 6167Mercedes-Benz U.S. I…
Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan vs. nearby 401(k) plans in Alabama, assets vs. participants
Compare Wellborn Cabinet, Inc. 401(k) Profit Sha… side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan by total assets, not by location.

Frequently Asked Questions

How did Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan assets move in 2024? ▼
Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan grew sharply - up 18.2% during 2024, from $27M to $31M. Reported net income was $5M.
How have Wellborn Cabinet Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wellborn Cabinet Inc.'s sponsor-wide assets grew 39.5%, from $22M to $31M.
Where does Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan ranks in the 78th 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 Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Haselwood Auto Group 401(k) Plan in WA ($31M, 514 participants).

Next read for Wellborn Cabinet, Inc. 401(k) Profit Sha…

Filing takeaways

Ways to act on Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan's numbers.

  • By total assets, Wellborn Cabinet, Inc. 401(k) Profit Sharing Plan 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 Alabama. Compare plans
  • Wellborn Cabinet Inc.'s sponsor-wide assets have grown 39.5% 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 630622867.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.