Civic Intelligence

Welfab Inc.

Plan context: Welfab Inc. Profit Sharing Plan

EIN 04-2783520 • N. Billerica, MA • 26 filings • 1 plans

100 Rangeway RoadN. Billerica, MA 01862-2133
Current Snapshot

Latest Year

2024

2024 Participants

8

2024 Assets

$821,300

2024 Contributions

$10,730

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$826,922$413,461$0199920122024YearValue
$821,300Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

30150199920122024YearValue
8Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
202418$821,300$10,730$1,341iApproximate average salary by contribution assumption: employee only about $33,531 at 4% or $22,354 at 6%; with 50% employer match about $22,354 at 4% or $14,903 at 6%; with 100% employer match about $16,766 at 4% or $11,177 at 6%.
Welfab Inc. Profit Sharing Plan-8$821,300$10,730$1,341iApproximate average salary by contribution assumption: employee only about $33,531 at 4% or $22,354 at 6%; with 50% employer match about $22,354 at 4% or $14,903 at 6%; with 100% employer match about $16,766 at 4% or $11,177 at 6%.
202317$817,793$8,345$1,192iApproximate average salary by contribution assumption: employee only about $29,804 at 4% or $19,869 at 6%; with 50% employer match about $19,869 at 4% or $13,246 at 6%; with 100% employer match about $14,902 at 4% or $9,935 at 6%.
Welfab Inc. Profit Sharing Plan-7$817,793$8,345$1,192iApproximate average salary by contribution assumption: employee only about $29,804 at 4% or $19,869 at 6%; with 50% employer match about $19,869 at 4% or $13,246 at 6%; with 100% employer match about $14,902 at 4% or $9,935 at 6%.
202217$722,261$8,213$1,173iApproximate average salary by contribution assumption: employee only about $29,332 at 4% or $19,555 at 6%; with 50% employer match about $19,555 at 4% or $13,037 at 6%; with 100% employer match about $14,666 at 4% or $9,777 at 6%.
Welfab Inc. Profit Sharing Plan-7$722,261$8,213$1,173iApproximate average salary by contribution assumption: employee only about $29,332 at 4% or $19,555 at 6%; with 50% employer match about $19,555 at 4% or $13,037 at 6%; with 100% employer match about $14,666 at 4% or $9,777 at 6%.
202117$826,922$6,983$998iApproximate average salary by contribution assumption: employee only about $24,939 at 4% or $16,626 at 6%; with 50% employer match about $16,626 at 4% or $11,084 at 6%; with 100% employer match about $12,470 at 4% or $8,313 at 6%.
Welfab Inc. Profit Sharing Plan-7$826,922$6,983$998iApproximate average salary by contribution assumption: employee only about $24,939 at 4% or $16,626 at 6%; with 50% employer match about $16,626 at 4% or $11,084 at 6%; with 100% employer match about $12,470 at 4% or $8,313 at 6%.
202018$758,287$13,073$1,634iApproximate average salary by contribution assumption: employee only about $40,853 at 4% or $27,235 at 6%; with 50% employer match about $27,235 at 4% or $18,157 at 6%; with 100% employer match about $20,427 at 4% or $13,618 at 6%.
Welfab Inc. Profit Sharing Plan-8$758,287$13,073$1,634iApproximate average salary by contribution assumption: employee only about $40,853 at 4% or $27,235 at 6%; with 50% employer match about $27,235 at 4% or $18,157 at 6%; with 100% employer match about $20,427 at 4% or $13,618 at 6%.
2019130$785,240$26,499$883iApproximate average salary by contribution assumption: employee only about $22,083 at 4% or $14,722 at 6%; with 50% employer match about $14,722 at 4% or $9,814 at 6%; with 100% employer match about $11,041 at 4% or $7,361 at 6%.
Welfab Inc. Profit Sharing Plan-30$785,240$26,499$883iApproximate average salary by contribution assumption: employee only about $22,083 at 4% or $14,722 at 6%; with 50% employer match about $14,722 at 4% or $9,814 at 6%; with 100% employer match about $11,041 at 4% or $7,361 at 6%.
2018111$784,003$51,499$4,682iApproximate average salary by contribution assumption: employee only about $117,043 at 4% or $78,029 at 6%; with 50% employer match about $78,029 at 4% or $52,019 at 6%; with 100% employer match about $58,522 at 4% or $39,014 at 6%.
Welfab Inc. Profit Sharing Plan-11$784,003$51,499$4,682iApproximate average salary by contribution assumption: employee only about $117,043 at 4% or $78,029 at 6%; with 50% employer match about $78,029 at 4% or $52,019 at 6%; with 100% employer match about $58,522 at 4% or $39,014 at 6%.
2017111$786,448$52,680$4,789iApproximate average salary by contribution assumption: employee only about $119,727 at 4% or $79,818 at 6%; with 50% employer match about $79,818 at 4% or $53,212 at 6%; with 100% employer match about $59,864 at 4% or $39,909 at 6%.
Welfab Inc. Profit Sharing Plan-11$786,448$52,680$4,789iApproximate average salary by contribution assumption: employee only about $119,727 at 4% or $79,818 at 6%; with 50% employer match about $79,818 at 4% or $53,212 at 6%; with 100% employer match about $59,864 at 4% or $39,909 at 6%.
2016113$703,928$46,990$3,615iApproximate average salary by contribution assumption: employee only about $90,365 at 4% or $60,244 at 6%; with 50% employer match about $60,244 at 4% or $40,162 at 6%; with 100% employer match about $45,183 at 4% or $30,122 at 6%.
Welfab Inc. Profit Sharing Plan-13$703,928$46,990$3,615iApproximate average salary by contribution assumption: employee only about $90,365 at 4% or $60,244 at 6%; with 50% employer match about $60,244 at 4% or $40,162 at 6%; with 100% employer match about $45,183 at 4% or $30,122 at 6%.
2015111$622,807$20,166$1,833iApproximate average salary by contribution assumption: employee only about $45,832 at 4% or $30,555 at 6%; with 50% employer match about $30,555 at 4% or $20,370 at 6%; with 100% employer match about $22,916 at 4% or $15,277 at 6%.
Welfab Inc. Profit Sharing Plan-11$622,807$20,166$1,833iApproximate average salary by contribution assumption: employee only about $45,832 at 4% or $30,555 at 6%; with 50% employer match about $30,555 at 4% or $20,370 at 6%; with 100% employer match about $22,916 at 4% or $15,277 at 6%.
2014110$606,561$16,040$1,604iApproximate average salary by contribution assumption: employee only about $40,100 at 4% or $26,733 at 6%; with 50% employer match about $26,733 at 4% or $17,822 at 6%; with 100% employer match about $20,050 at 4% or $13,367 at 6%.
Welfab Inc. Profit Sharing Plan-10$606,561$16,040$1,604iApproximate average salary by contribution assumption: employee only about $40,100 at 4% or $26,733 at 6%; with 50% employer match about $26,733 at 4% or $17,822 at 6%; with 100% employer match about $20,050 at 4% or $13,367 at 6%.
2013113$614,028$15,758$1,212iApproximate average salary by contribution assumption: employee only about $30,304 at 4% or $20,203 at 6%; with 50% employer match about $20,203 at 4% or $13,468 at 6%; with 100% employer match about $15,152 at 4% or $10,101 at 6%.
Welfab Inc. Profit Sharing Plan-13$614,028$15,758$1,212iApproximate average salary by contribution assumption: employee only about $30,304 at 4% or $20,203 at 6%; with 50% employer match about $20,203 at 4% or $13,468 at 6%; with 100% employer match about $15,152 at 4% or $10,101 at 6%.
2012113$519,752$16,246$1,250iApproximate average salary by contribution assumption: employee only about $31,242 at 4% or $20,828 at 6%; with 50% employer match about $20,828 at 4% or $13,885 at 6%; with 100% employer match about $15,621 at 4% or $10,414 at 6%.
Welfab Inc. Profit Sharing Plan-13$519,752$16,246$1,250iApproximate average salary by contribution assumption: employee only about $31,242 at 4% or $20,828 at 6%; with 50% employer match about $20,828 at 4% or $13,885 at 6%; with 100% employer match about $15,621 at 4% or $10,414 at 6%.
2011113$460,948$18,316$1,409iApproximate average salary by contribution assumption: employee only about $35,223 at 4% or $23,482 at 6%; with 50% employer match about $23,482 at 4% or $15,655 at 6%; with 100% employer match about $17,612 at 4% or $11,741 at 6%.
Welfab Inc. Profit Sharing Plan-13$460,948$18,316$1,409iApproximate average salary by contribution assumption: employee only about $35,223 at 4% or $23,482 at 6%; with 50% employer match about $23,482 at 4% or $15,655 at 6%; with 100% employer match about $17,612 at 4% or $11,741 at 6%.
2010113$453,140$17,763$1,366iApproximate average salary by contribution assumption: employee only about $34,160 at 4% or $22,773 at 6%; with 50% employer match about $22,773 at 4% or $15,182 at 6%; with 100% employer match about $17,080 at 4% or $11,387 at 6%.
Welfab Inc. Profit Sharing Plan-13$453,140$17,763$1,366iApproximate average salary by contribution assumption: employee only about $34,160 at 4% or $22,773 at 6%; with 50% employer match about $22,773 at 4% or $15,182 at 6%; with 100% employer match about $17,080 at 4% or $11,387 at 6%.
2009113$401,000$16,544$1,273iApproximate average salary by contribution assumption: employee only about $31,815 at 4% or $21,210 at 6%; with 50% employer match about $21,210 at 4% or $14,140 at 6%; with 100% employer match about $15,908 at 4% or $10,605 at 6%.
Welfab Inc. Profit Sharing Plan-13$401,000$16,544$1,273iApproximate average salary by contribution assumption: employee only about $31,815 at 4% or $21,210 at 6%; with 50% employer match about $21,210 at 4% or $14,140 at 6%; with 100% employer match about $15,908 at 4% or $10,605 at 6%.
2008122$338,403$21,996$1,000iApproximate average salary by contribution assumption: employee only about $24,995 at 4% or $16,664 at 6%; with 50% employer match about $16,664 at 4% or $11,109 at 6%; with 100% employer match about $12,498 at 4% or $8,332 at 6%.
Welfab Inc. Profit Sharing Plan-22$338,403$21,996$1,000iApproximate average salary by contribution assumption: employee only about $24,995 at 4% or $16,664 at 6%; with 50% employer match about $16,664 at 4% or $11,109 at 6%; with 100% employer match about $12,498 at 4% or $8,332 at 6%.
2007126$0$0-
Welfab Inc. Profit Sharing Plan-26---
2006129$438,375$31,002$1,069iApproximate average salary by contribution assumption: employee only about $26,726 at 4% or $17,817 at 6%; with 50% employer match about $17,817 at 4% or $11,878 at 6%; with 100% employer match about $13,363 at 4% or $8,909 at 6%.
Welfab Inc. Profit Sharing Plan-29$438,375$31,002$1,069iApproximate average salary by contribution assumption: employee only about $26,726 at 4% or $17,817 at 6%; with 50% employer match about $17,817 at 4% or $11,878 at 6%; with 100% employer match about $13,363 at 4% or $8,909 at 6%.
2005127$402,241$29,626$1,097iApproximate average salary by contribution assumption: employee only about $27,431 at 4% or $18,288 at 6%; with 50% employer match about $18,288 at 4% or $12,192 at 6%; with 100% employer match about $13,716 at 4% or $9,144 at 6%.
Welfab Inc. Profit Sharing Plan-27$402,241$29,626$1,097iApproximate average salary by contribution assumption: employee only about $27,431 at 4% or $18,288 at 6%; with 50% employer match about $18,288 at 4% or $12,192 at 6%; with 100% employer match about $13,716 at 4% or $9,144 at 6%.
2004123$358,482$28,925$1,258iApproximate average salary by contribution assumption: employee only about $31,440 at 4% or $20,960 at 6%; with 50% employer match about $20,960 at 4% or $13,973 at 6%; with 100% employer match about $15,720 at 4% or $10,480 at 6%.
Welfab Inc. Profit Sharing Plan-23$358,482$28,925$1,258iApproximate average salary by contribution assumption: employee only about $31,440 at 4% or $20,960 at 6%; with 50% employer match about $20,960 at 4% or $13,973 at 6%; with 100% employer match about $15,720 at 4% or $10,480 at 6%.
2003126$313,588$21,052$810iApproximate average salary by contribution assumption: employee only about $20,242 at 4% or $13,495 at 6%; with 50% employer match about $13,495 at 4% or $8,997 at 6%; with 100% employer match about $10,121 at 4% or $6,747 at 6%.
Welfab Inc. Profit Sharing Plan-26$313,588$21,052$810iApproximate average salary by contribution assumption: employee only about $20,242 at 4% or $13,495 at 6%; with 50% employer match about $13,495 at 4% or $8,997 at 6%; with 100% employer match about $10,121 at 4% or $6,747 at 6%.
2002125$288,477$28,428$1,137iApproximate average salary by contribution assumption: employee only about $28,428 at 4% or $18,952 at 6%; with 50% employer match about $18,952 at 4% or $12,635 at 6%; with 100% employer match about $14,214 at 4% or $9,476 at 6%.
Welfab Inc. Profit Sharing Plan-25$288,477$28,428$1,137iApproximate average salary by contribution assumption: employee only about $28,428 at 4% or $18,952 at 6%; with 50% employer match about $18,952 at 4% or $12,635 at 6%; with 100% employer match about $14,214 at 4% or $9,476 at 6%.
2001125$296,939$46,989$1,880iApproximate average salary by contribution assumption: employee only about $46,989 at 4% or $31,326 at 6%; with 50% employer match about $31,326 at 4% or $20,884 at 6%; with 100% employer match about $23,495 at 4% or $15,663 at 6%.
Welfab Inc. Profit Sharing Plan-25$296,939$46,989$1,880iApproximate average salary by contribution assumption: employee only about $46,989 at 4% or $31,326 at 6%; with 50% employer match about $31,326 at 4% or $20,884 at 6%; with 100% employer match about $23,495 at 4% or $15,663 at 6%.
2000124$271,023$68,933$2,872iApproximate average salary by contribution assumption: employee only about $71,805 at 4% or $47,870 at 6%; with 50% employer match about $47,870 at 4% or $31,913 at 6%; with 100% employer match about $35,903 at 4% or $23,935 at 6%.
Welfab Inc. Profit Sharing Plan-24$271,023$68,933$2,872iApproximate average salary by contribution assumption: employee only about $71,805 at 4% or $47,870 at 6%; with 50% employer match about $47,870 at 4% or $31,913 at 6%; with 100% employer match about $35,903 at 4% or $23,935 at 6%.
1999118$199,161$41,103$2,284iApproximate average salary by contribution assumption: employee only about $57,088 at 4% or $38,058 at 6%; with 50% employer match about $38,058 at 4% or $25,372 at 6%; with 100% employer match about $28,544 at 4% or $19,029 at 6%.
Welfab Inc. Profit Sharing Plan-18$199,161$41,103$2,284iApproximate average salary by contribution assumption: employee only about $57,088 at 4% or $38,058 at 6%; with 50% employer match about $38,058 at 4% or $25,372 at 6%; with 100% employer match about $28,544 at 4% or $19,029 at 6%.