401(k) · DOL Form 5500 · 2024

Welch Bros., Inc. 401(k) Plan

Data updated 2026-08-25

$56M
Total assets Below avg plan size
197
Participants Below avg headcount
85th
Percentile by assets National rank
$281,872
Avg per participant High balance/head
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Official DOL plan name: Welch Bros., Inc. Profit Sharing Plan · Sponsored by Welch Bros., Inc. · Illinois · Manufacturing

$56M in assets, 197 participants

Welch Bros., Inc.'s Welch Bros., Inc. Profit Sharing Plan reported $56M in total assets and 197 participants in its 2024 DOL Form 5500 filing, ranking in the 85th 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.

  • #14,046 in Manufacturing (17,777 peers)

Coverage in Illinois

Welch Bros., Inc. Profit Sharing Plan covers 197 participants in Illinois, about 25% of the average Illinois filer (state average ~779 per filing). Assets: $56M.

#14,046
in Manufacturing (17,777 peers)
+0.3%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Welch Bros., Inc. Profit Sharing Plan's outsized position by total assets

Welch Bros., Inc. Profit Sharing Plan vs every filed plan by assets

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

$55,528,706 Top 15% higher than 85% 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

Welch Bros., Inc. Profit Sharing 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. Welch Bros., Inc. Profit Sharing Plan sits mid-pack in the medium band (197 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Welch Bros., Inc. Profit Sharing Plan reported net income fell from $8M in the plan year 2023 filing to $146K in the plan year 2024 filing.
  • Welch Bros., Inc. Profit Sharing Plan reported participants fell from 202 in the plan year 2023 filing to 197 in the plan year 2024 filing.
  • Welch Bros., Inc. Profit Sharing Plan end-of-year assets rose from $55M in the plan year 2023 filing to $56M in the plan year 2024 filing.

See the national 2023→2024 release diff →

Plan-year Form 5500 strip

Filing strip 363115602 · Welch Bros., Inc. PY 2024 · 401(k)

Welch Bros., Inc. Profit Sharing Plan · $56M · 197 · 85th

  • BOOK $56M
  • BOOK 197
  • BOOK 85th
  • BOOK 401(k)
  • BOOK near Orasure Technologies, Inc. 401(k) Plan
  • BOOK ind #14046

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 Illinois →

Welch Bros., Inc. Profit Sharing Plan in the asset neighbourhood

Welch Bros., Inc. Profit Sharing PlanWelch Bros., Inc. Profit Sha…$56MOrasure Technologies, Inc. 401(k) PlanOrasure Technologies, Inc. 4…$56MLocal Union No. 4, IBEW Pension PlanLocal Union No. 4, IBEW Pens…$56MGulfeagle Supply 401(k) Profit Sharing PlanGulfeagle Supply 401(k) Prof…$56MOmni Workspace Company LLC 401(k) PlanOmni Workspace Company LLC 4…$56M
End-of-year total assets ($M) among Welch Bros., Inc. Profit Sharing Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Illinois filing particulars

Total Assets (Beginning of Year)$55M
Net Assets (End of Year)$56M
Net Income$146K
Employer EIN363115602
Plan Effective Date1985-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welch Bros., Inc.)

Sponsor-wide plan assets over time

All Welch Bros., Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$56M 17.77409452082335% vs 2022
2024 filing year
$45M$50M$55M$60M 202220232024 $47.2M $55.5M ▲ +17.8%
Year Plans Participants Total Assets
2022 1 188 $47M
2023 1 202 $55M
2024 1 197 $56M

Nearby 401(k) Plans in Illinois

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

Welch Bros., Inc. Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000 -50510152025 Total assets ($B) Participants Welch Bros., Inc. Profit Sharing Plan, Total assets ($B): 0.055528706 · Participants: 197Welch Bros., Inc. Profit Sharing PlanAccenture United States 401(k) Match and Savings Plan, Total assets ($B): 21.302643276 · Participants: 66965Accenture United States 401(k) Match and Savings PlanState Farm 401(k) Savings Plan, Total assets ($B): 19.010099056 · Participants: 63297State Farm 401(k) Savings PlanUnited Airlines Pilot Retirement Account Plan, Total assets ($B): 16.835964452 · Participants: 16659United Airlines Pilot Retirement Account PlanAbbott Laboratories Stock Retirement Plan, Total assets ($B): 15.755668 · Participants: 38229Abbott Laboratories Stock Retirement PlanWalgreens Retirement Savings Plan, Total assets ($B): 14.535873337 · Participants: 233635Walgreens Retirement Savings Plan
Welch Bros., Inc. Profit Sharing Plan vs. nearby 401(k) plans in Illinois, assets vs. participants
Compare Welch Bros., Inc. Profit Sharing Plan side-by-side with 3 peers →

Welch Bros., Inc. Profit Sharing Plan's out-of-state 401(k) peers by assets and headcount

Outside Illinois, the nearest 401(k) by assets is Orasure Technologies, Inc. 401(k) Plan in PA ($56M); by covered participants it is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($56M here).

Similar participant headcount

Nearest other-state filings by covered participants (197 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 Welch Bros., Inc. Profit Sharing Plan assets move in 2024? ▼
Welch Bros., Inc. Profit Sharing Plan held essentially flat - up 0.3% during 2024, from $55M to $56M. Reported net income was $146K.
How have Welch Bros., Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welch Bros., Inc.'s sponsor-wide assets grew 17.8%, from $47M to $56M.
Where does Welch Bros., Inc. Profit Sharing Plan rank by assets among Form 5500 filers? ▼
Welch Bros., Inc. Profit Sharing Plan ranks in the 85th 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 Welch Bros., Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by assets is Orasure Technologies, Inc. 401(k) Plan in PA ($56M, 448 participants).
Which 401(k) plans cover a similar participant headcount to Welch Bros., Inc. Profit Sharing Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Applied Mechanical Systems, Inc. 401(k) Profit Sharing Plan in OH (197 participants, $17M in assets).

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 363115602.

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.