Wel Companies 401(k) match, vesting and fees
What Wel Companies' 401(k) plan says about matching contributions
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.
| Recordkeeper | John Hancock Life Insurance Company | Schedule C ↗ |
| Independent auditor | Hawkins Ash Cpas LLP (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
How the plan compares
Plan year 2024 medians for 1,836 defined-contribution plans in transportation and warehousing with 100 to 499 participants.
| Wel Companies: employer contribution per participant | $513 | |
| Peer median | $1,076 |
| Wel Companies: average balance | $15,109 | |
| Peer median | $31,804 |
| Wel Companies: admin expenses ÷ assets | 1.00% | |
| Peer median | 0.46% |
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 $6.4M at the end of plan year 2021 to $6.7M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 441 | $6.7M | $226K | $513 | 1.00% | Not published | Form 5500 ↗ |
| 2023 | 453 | $6.3M | $320K | $993 | 1.16% | Not published | Form 5500 ↗ |
| 2022 | 509 | $5.5M | $286K | $1,010 | 1.11% | Not published | Form 5500 ↗ |
| 2021 | 504 | $6.4M | $266K | $854 | 1.17% | Not published | Form 5500 ↗ |
Common questions
Does Wel Companies match 401(k) contributions?
The match terms for the Wel Companies, Inc. 401(k) Savings Plan have not been published from its filing yet. The plan year 2024 filing reports $226K in employer contributions, about $513 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Wel Companies 401(k) match vested?
The vesting schedule for the Wel Companies, Inc. 401(k) Savings Plan is not in the data published so far. Your Summary Plan Description states it.
Who manages the Wel Companies 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is John Hancock Life Insurance Company. The plan administrator is Wel Companies, Inc..
I left Wel Companies. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Wel Companies, Inc., (920) 339-0110) or the recordkeeper, John Hancock Life Insurance Company. The Wel Companies old 401(k) page lists the contacts from every plan filing. Find an old Wel Companies 401(k)
Data from the public Form 5500 annual reports Wel Companies 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 Wel Companies. Not financial advice. Report a correction · Methodology