Profit Sharing · DOL Form 5500 · 2024

Wellons Group, Inc. Profit Sharing Plan

Data updated 2026-08-25

$45M
Total assets Below avg plan size
202
Participants Below avg headcount
83rd
Percentile by assets National rank
$225,142
Avg per participant Above avg balance/head
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Official DOL plan name: Wellons Group, Inc. Profit Sharing Plan and Trust · Sponsored by Wellons Group, Inc. · Washington · Manufacturing

$45M in assets, 202 participants

Wellons Group, Inc.'s Wellons Group, Inc. Profit Sharing Plan and Trust reported $45M in total assets and 202 participants in its 2024 DOL Form 5500 filing, ranking in the 83rd 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.

  • #13,519 in Manufacturing (17,777 peers)

Coverage in Washington

Wellons Group, Inc. Profit Sharing Plan and Trust covers 202 participants in Washington, about 14% of the average Washington filer (state average ~1,476 per filing). Assets: $45M.

#13,519
in Manufacturing (17,777 peers)
-4.9%
assets change YoY
0.5×
vs typical plan assets (national mean)

The plan reported a net loss of $2M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wellons Group, Inc. Profit Sharing Plan and Trust's outsized position by total assets

Wellons Group, Inc. Profit Sharing Plan and Trust vs every filed plan by assets

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

$45,478,676 Top 17% higher than 83% 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

Wellons Group, Inc. Profit Sharing Plan and Trust 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. Wellons Group, Inc. Profit Sharing Plan and Trust sits mid-pack in the medium band (202 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wellons Group, Inc. Profit Sharing Plan and Trust reported net income fell from $4M in the plan year 2023 filing to -$2M in the plan year 2024 filing.
  • Wellons Group, Inc. Profit Sharing Plan and Trust reported participants rose from 184 in the plan year 2023 filing to 202 in the plan year 2024 filing.
  • Wellons Group, Inc. Profit Sharing Plan and Trust end-of-year assets fell from $48M in the plan year 2023 filing to $45M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 271458904 · Wellons Group, Inc. PY 2024 · Profit Sharing

Wellons Group, Inc. Profit Sharing Plan and Trust · $45M · 202 · 83rd

  • PART $45M
  • PART 202
  • PART 83rd
  • PART Profit Sharing
  • PART near Midwest Laboratories, Inc. Profit Sharing Plan and Trust
  • PART ind #13519

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 Washington →

Wellons Group, Inc. Profit Sharing Plan and Trust in the asset neighbourhood

Zero to Three National Center for Infants Toddlers and Families 403b PlanZero to Three National Cente…$46MMidwest Laboratories, Inc. Profit Sharing Plan and TrustMidwest Laboratories, Inc. P…$46MWellons Group, Inc. Profit Sharing Plan and TrustWellons Group, Inc. Profit S…$45MFederal Manufacturing Corporation Profit Sharing PlanFederal Manufacturing Corpor…$45MHealthtexas Medical Group 401(k) Profit Sharing PlanHealthtexas Medical Group 40…$45M
End-of-year total assets ($M) among Wellons Group, Inc. Profit Sharing Plan and Trust and nearest nationwide Profit Sharing peers. Source: DOL Form 5500 plan year 2024.

Washington filing particulars

Total Assets (Beginning of Year)$48M
Net Assets (End of Year)$45M
Net Income-$2M
Employer EIN271458904
Plan Effective Date1974-10-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellons Group, Inc.)

Sponsor-wide plan assets over time

All Wellons Group, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$45M 4.66175846722857% vs 2022
2024 filing year
$42M$44M$46M$48M$50M 202220232024 $43.5M $45.5M ▲ +4.7%
Year Plans Participants Total Assets
2022 1 178 $43M
2023 1 184 $48M
2024 1 202 $45M

Nearby Profit Sharing Plans in Washington

Peer Profit Sharing plans, same state, same plan type, ranked by total assets.

Wellons Group, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Washington, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 0200400600800 Total assets ($M) Participants Wellons Group, Inc. Profit Sharing Plan and Trust, Total assets ($M): 45.478676 · Participants: 202Wellons Group, Inc. Profit Sharing Plan and TrustBill & Melinda Gates Foundation Sharing Retirement Plan, Total assets ($M): 680.146571 · Participants: 1926Bill & Melinda Gates Foundation Sharing Retirement PlanItron, Inc. Incentive Savings Plan, Total assets ($M): 650.542267 · Participants: 2593Itron, Inc. Incentive Savings PlanMulticare Health System Retirement Account Plan, Total assets ($M): 561.583701 · Participants: 11865Multicare Health System Retirement Account PlanSEIU 775 Secure Retirement Plan, Total assets ($M): 497.670399 · Participants: 72804SEIU 775 Secure Retirement PlanWestern Washington Painters Defined Contribution Pension Plan, Total assets ($M): 262.703057 · Participants: 1633Western Washington Painters Defined Contribution Pension Plan
Wellons Group, Inc. Profit Sharing Plan and Trust vs. nearby Profit Sharing plans in Washington, assets vs. participants

Wellons Group, Inc. Profit Sharing Plan and Trust's out-of-state Profit Sharing peers by assets and headcount

Outside Washington, the nearest Profit Sharing by assets is Midwest Laboratories, Inc. Profit Sharing Plan and Trust in NE ($46M); by covered participants it is Concord Nh Boys & Girls Club 403(b) Plan in NH (202 participants). Same-state nearby plans are listed separately above.

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 Wellons Group, Inc. Profit Sharing Plan and Trust assets move in 2024?
Wellons Group, Inc. Profit Sharing Plan and Trust edged down modestly - down 4.9% during 2024, from $48M to $45M. Reported net income was -$2M.
How have Wellons Group, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wellons Group, Inc.'s sponsor-wide assets grew 4.7%, from $43M to $45M.
Where does Wellons Group, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers?
Wellons Group, Inc. Profit Sharing Plan and Trust ranks in the 83rd 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 Profit Sharing plans are similar in size to Wellons Group, Inc. Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by assets is Midwest Laboratories, Inc. Profit Sharing Plan and Trust in NE ($46M, 277 participants).
Which Profit Sharing plans cover a similar participant headcount to Wellons Group, Inc. Profit Sharing Plan and Trust?
Among Profit Sharing plans in other states, the closest by covered participants is Concord Nh Boys & Girls Club 403(b) Plan in NH (202 participants, $2M in assets).