Department of Labor filing

WELCH BROS., INC.

WELCH BROS., INC. PROFIT SHARING PLAN · For the plan year ended Mar 31, 2025

Public filing 2024 · received Jan 14, 2026Verified current terms Not available

Plan at a glance

How good does the filing look?

99filing comparison
out of 100

The filing signals stronger employer support and/or lower plan-paid administrative costs than many comparable plans. This is a filing comparison, not a complete benefits score.

$Employer support

$15,610

Reported employer contributions per active participant.

Higher than about 99% of comparable plans

#People in the filing

205

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$8 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 97% of comparable plans

↗Investment performance

Not available

Plan assets changed 0.3%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202499out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions99th percentileTypical peer $1,992 · based on 181 comparable plans

Lower reported administrative expense97th percentileTypical peer $164 · based on 182 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Mar 31, 2025, WELCH BROS., INC. reported $3,200,000 in employer contributions across the plan and 205 active participants. That works out to $15,610 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy86%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 20.1%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendUp 158.0%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context99/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $3,200,000
Participant contributions: $775,143
Other contributions: $0
Employer share of reported contributions: 80.5%
Beginning assets: $55,383,049
Ending assets: $55,528,706
Ending net assets: $55,528,706
Ending liabilities: $0
Total income: $5,830,880
Total expenses: $5,685,223
Administrative expenses: $1,775
Participant loans: $808,488

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2022

$13,000

2023

$14,721

2024

$15,610

Plan-paid administrative expenses per participant

2022

2023

2024

Active participants

2022

200

2023

197

2024

205

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$15,610	205	55.5M	20260114104219NAL0015269425001
2023	$14,721	197	55.4M	20250114144142NAL0011695715001
2022	$13,000	200	47.1M	20240112130424NAL0003425986001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.5%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 363115602-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Apr 1, 1985
Industry: Industry group 327
Amended filing: No
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2T3D

Current plan terms

Help fill the gap the filing leaves.

If you have a current SPD, fee disclosure, or enrollment guide, you can share it with us. We check the source and date before adding anything to the profile.

Share a document →

Filing ACK_ID20260114104219NAL0015269425001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗