Eugene Welders Supply Co DBA Industrial Source 401(k) match, vesting and fees

Plan year 2024 filingLaing Companies 401k Plan · Plan 001 · EIN 93-0366767Updated Oct 2026

What Eugene Welders Supply Co DBA Industrial Source's 401(k) plan says about matching contributions

The match terms have not been published from this plan's filing yet.
The plan year 2024 filing reports $658K in employer contributions, about $3,697 per participant. That total includes any match and profit-sharing; it is not a match formula. Plan year 2024 Form 5500 ↗
$100,050
Average account balance
183
Participants (end of year)
$17.8M
Plan assets (end of year)
0.47%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

RecordkeeperAlerus Retirement SolutionsSchedule C ↗
Independent auditorJones & Roth P.C. (unmodified opinion, limited scope)Schedule H ↗
Plan type and status401(k) · ActiveForm 5500 ↗
Late participant contributionsReported on the filingSchedule H ↗

How the plan compares

Plan year 2024 medians for 3,074 defined-contribution plans in wholesale trade with 100 to 499 participants.

Eugene Welders Supply Co DBA Industrial Source: employer contribution per participant$3,697
Peer median$1,988
Eugene Welders Supply Co DBA Industrial Source: average balance$100,050
Peer median$75,431
Eugene Welders Supply Co DBA Industrial Source: admin expenses ÷ assets0.47%
Peer median0.31%

Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.

Plan history

Plan assets went from $15.9M at the end of plan year 2021 to $17.8M at the end of plan year 2024.

$15.9M2021$13.6M2022$15.7M2023$17.8M2024
End-of-year figures from each plan year's Form 5500 filing for the Eugene Welders Supply Co DBA Industrial Source plan.
Plan yearParticipantsAssetsEmployer contributionsPer participantAdmin expense ratioMatch formulaFiling
2024183$17.8M$658K$3,6970.47%Not publishedForm 5500 ↗
2023173$15.7M$585K$3,5240.48%Not publishedForm 5500 ↗
2022158$13.6M$540K$3,4820.49%Not publishedForm 5500 ↗
2021148$15.9M$502K$3,5340.47%Not publishedForm 5500 ↗

Other Eugene Welders Supply Co DBA Industrial Source plans (1)

Each plan files its own Form 5500. Figures are from each plan's latest filing.

Laing Companies Cash Balance Plan

Plan 002 · EIN 93-0366767 · plan year 2024 filing
$3,610
Average account balance
121
Participants (end of year)
$437K
Plan assets (end of year)
0.00%
Admin expenses ÷ assets

Plan features

Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.

Independent auditorJones & Roth P.C. (unmodified opinion)Schedule H ↗
Plan type and statusPension (defined benefit) · ActiveForm 5500 ↗

Common questions

Does Eugene Welders Supply Co DBA Industrial Source match 401(k) contributions?

The match terms for the Laing Companies 401k Plan have not been published from its filing yet. The plan year 2024 filing reports $658K in employer contributions, about $3,697 per participant. That total includes any match and profit-sharing; it is not a match formula.

When is the Eugene Welders Supply Co DBA Industrial Source 401(k) match vested?

The vesting schedule for the Laing Companies 401k Plan is not in the data published so far. Your Summary Plan Description states it.

Who manages the Eugene Welders Supply Co DBA Industrial Source 401(k)?

The recordkeeper listed on Schedule C of the plan year 2024 filing is Alerus Retirement Solutions. The plan administrator is Eugene Welders Supply Co DBA Industrial Source.

I left Eugene Welders Supply Co DBA Industrial Source. How do I find my old 401(k)?

Your account stays in the plan until you move it. Contact the plan administrator (Eugene Welders Supply Co DBA Industrial Source, (541) 344-1438) or the recordkeeper, Alerus Retirement Solutions. The Eugene Welders Supply Co DBA Industrial Source old 401(k) page lists the contacts from every plan filing. Find an old Eugene Welders Supply Co DBA Industrial Source 401(k)

Data from the public Form 5500 annual reports Eugene Welders Supply Co DBA Industrial Source filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Eugene Welders Supply Co DBA Industrial Source. Not financial advice. Report a correction · Methodology