Civic Intelligence

The Wells Companies

Plan context: Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan

EIN 27-2789430 • Albany, MN • 7 filings • 1 plans

210 Inspiration LaneAlbany, MN 56307
Current Snapshot

Latest Year

2024

2024 Participants

2,296

2024 Assets

$107,992,323

2024 Contributions

$21,173,683

Historical Graphs

Total Assets Over Time

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

$107,992,323$53,996,162$0201820212024YearValue
$107,992,323Latest year 2024

Participants Over Time

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

2,2961,1480201820212024YearValue
2,296Latest 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
202412,296$107,992,323$21,173,683$9,222iApproximate average salary by contribution assumption: employee only about $230,550 at 4% or $153,700 at 6%; with 50% employer match about $153,700 at 4% or $102,467 at 6%; with 100% employer match about $115,275 at 4% or $76,850 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-2,296$107,992,323$21,173,683$9,222iApproximate average salary by contribution assumption: employee only about $230,550 at 4% or $153,700 at 6%; with 50% employer match about $153,700 at 4% or $102,467 at 6%; with 100% employer match about $115,275 at 4% or $76,850 at 6%.
202311,006$83,380,597$6,964,371$6,923iApproximate average salary by contribution assumption: employee only about $173,071 at 4% or $115,381 at 6%; with 50% employer match about $115,381 at 4% or $76,920 at 6%; with 100% employer match about $86,535 at 4% or $57,690 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-1,006$83,380,597$6,964,371$6,923iApproximate average salary by contribution assumption: employee only about $173,071 at 4% or $115,381 at 6%; with 50% employer match about $115,381 at 4% or $76,920 at 6%; with 100% employer match about $86,535 at 4% or $57,690 at 6%.
202211,070$71,797,517$7,020,831$6,562iApproximate average salary by contribution assumption: employee only about $164,038 at 4% or $109,359 at 6%; with 50% employer match about $109,359 at 4% or $72,906 at 6%; with 100% employer match about $82,019 at 4% or $54,679 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-1,070$71,797,517$7,020,831$6,562iApproximate average salary by contribution assumption: employee only about $164,038 at 4% or $109,359 at 6%; with 50% employer match about $109,359 at 4% or $72,906 at 6%; with 100% employer match about $82,019 at 4% or $54,679 at 6%.
20211752$55,751,504$4,057,841$5,396iApproximate average salary by contribution assumption: employee only about $134,902 at 4% or $89,934 at 6%; with 50% employer match about $89,934 at 4% or $59,956 at 6%; with 100% employer match about $67,451 at 4% or $44,967 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-752$55,751,504$4,057,841$5,396iApproximate average salary by contribution assumption: employee only about $134,902 at 4% or $89,934 at 6%; with 50% employer match about $89,934 at 4% or $59,956 at 6%; with 100% employer match about $67,451 at 4% or $44,967 at 6%.
20201714$51,146,856$4,180,210$5,855iApproximate average salary by contribution assumption: employee only about $146,366 at 4% or $97,577 at 6%; with 50% employer match about $97,577 at 4% or $65,052 at 6%; with 100% employer match about $73,183 at 4% or $48,789 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-714$51,146,856$4,180,210$5,855iApproximate average salary by contribution assumption: employee only about $146,366 at 4% or $97,577 at 6%; with 50% employer match about $97,577 at 4% or $65,052 at 6%; with 100% employer match about $73,183 at 4% or $48,789 at 6%.
20191670$38,818,768$4,905,543$7,322iApproximate average salary by contribution assumption: employee only about $183,043 at 4% or $122,028 at 6%; with 50% employer match about $122,028 at 4% or $81,352 at 6%; with 100% employer match about $91,521 at 4% or $61,014 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-670$38,818,768$4,905,543$7,322iApproximate average salary by contribution assumption: employee only about $183,043 at 4% or $122,028 at 6%; with 50% employer match about $122,028 at 4% or $81,352 at 6%; with 100% employer match about $91,521 at 4% or $61,014 at 6%.
20181554$31,757,622$2,474,713$4,467iApproximate average salary by contribution assumption: employee only about $111,675 at 4% or $74,450 at 6%; with 50% employer match about $74,450 at 4% or $49,633 at 6%; with 100% employer match about $55,837 at 4% or $37,225 at 6%.
Wells Concrete Products Company Profit Sharing 401(K) and Laborers Union Supplemental Retirement Plan-554$31,757,622$2,474,713$4,467iApproximate average salary by contribution assumption: employee only about $111,675 at 4% or $74,450 at 6%; with 50% employer match about $74,450 at 4% or $49,633 at 6%; with 100% employer match about $55,837 at 4% or $37,225 at 6%.