Profit Sharing · DOL Form 5500 · 2024
Wellons Group, Inc. Profit Sharing Plan
Data updated 2026-07-24
- $45M
- Total assets
- 202
- Participants
- 83rd
- Percentile by assets
- $225,142
- Avg per participant
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.
- 83rd percentile by assets (of 116,472 plans)
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 ~1,466 per filing). Assets: $45M.
- $45M
- total plan assets (2024 EOY)
- 202
- covered participants
- 83rd
- percentile by assets (of 116,472 plans)
- $225,142
- avg assets per participant
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.
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.
Participants vs Washington filers
In Washington, the average filing covers about 1,466 participants across 2,450 plans. Wellons Group, Inc. Profit Sharing Plan and Trust reports 202 participants - about 14% of that state average ($45M EOY assets).
Washington filing particulars
| Total Assets (Beginning of Year) | $48M |
|---|---|
| Net Assets (End of Year) | $45M |
| Net Income | -$2M |
| Employer EIN | 271458904 |
| Plan Effective Date | 1974-10-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wellons Group, Inc.)
| 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
- Bill & Melinda Gates Foundation Sharing Retirement Plan $680M · 1,926
- Itron, Inc. Incentive Savings Plan $651M · 2,593
- Multicare Health System Retirement Account Plan $562M · 11,865
- Western Washington Painters Defined Contribution Pension Plan $263M · 1,633
- Peacehealth Southwest Medical Center Employer Contribution Plan $240M · 3,472
Similar-Sized Profit Sharing Plans Nationally
Profit Sharing plans in other states closest to Wellons Group, Inc. Profit Sharing Plan and Trust by total assets, not by location.
- Midwest Laboratories, Inc. Profit Sharing Plan and Trust (NE) $46M · 277
- Zero to Three National Center for Infants Toddlers and Families 403b Plan (DC) $46M · 240
- Federal Manufacturing Corporation Profit Sharing Plan (CA) $45M · 27
- Healthtexas Medical Group 401(k) Profit Sharing Plan (TX) $45M · 400
Frequently Asked Questions
How did Wellons Group, Inc. Profit Sharing Plan and Trust assets move in 2024? ▼
How have Wellons Group, Inc. plan assets changed over time? ▼
Where does Wellons Group, Inc. Profit Sharing Plan and Trust rank by assets among Form 5500 filers? ▼
Which Profit Sharing plans are similar in size to Wellons Group, Inc. Profit Sharing Plan and Trust? ▼
Next read for Wellons Group, Inc. Profit Sharing Plan …
Filing takeaways
Ways to act on Wellons Group, Inc. Profit Sharing Plan and Trust's numbers.
- By total assets, Wellons Group, Inc. Profit Sharing Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar Profit Sharing plans in Washington. Compare plans
- Wellons Group, Inc.'s sponsor-wide assets have grown 4.7% 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 271458904.
Read our methodology - how this data is sourced, computed, and verified.