Plan5500

The Wells Group, LLC — Form 5500 filings & benefit plans

Form 5500 plan sponsor summary

According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, The Wells Group, LLC (EIN 61-0710998) is a plan sponsor located in West Liberty, KY with 2 reported benefit plan(s) in the loaded dataset. The latest loaded Form 5500 filing year is 2023.

Company overview (based on loaded 2023 public filings)

EIN
61-0710998
Location
West Liberty, KY
Loaded plans
2
Latest filing year
2023

This is a company / sponsor profile — aggregate totals across all of this employer's loaded plans. Open an individual plan below for its own full financial statement.

What stands out for The Wells Group, LLC

  • 2 loaded plans hold $13.3M in reported assets.
  • The largest, The Wells Group, LLC Profit Sharing Plan, holds 100% of this company's reported plan assets.
  • Plans cover 559 reported participants.
  • 1 of 2 plans report full financial statements.
  • 1 report Schedule C provider compensation.
Aggregate financials · 2023

Reported financial aggregate

Total reported net assets$13.3MSummed across loaded plans$13,292,431
Total reported assets$13.3M$13,292,431
Total reported participants559
Total reported liabilities$0

Reported net position

Reported assets = net assets + liabilities (summed)$13.3M total assets
Net assets$13.3MLiabilities$0
Contributions & income
Employer contributions$3M
Participant contributionsNot reported
Total income / additions$4.7M
Expenses & distributions
Benefits paid / distributions$491.1K
Total expenses$510.1K
Net increase / (decrease)$4.2M

Data coverage

Plans with financial statements1 / 2 (50%)
Plans with provider compensation1 / 2 (50%)

Totals sum the latest loaded 2023 public Form 5500 filing per plan for this company's plans — one filing per plan, so multiple years are never double-counted. Figures are reported values from loaded Schedule H / I (and Schedule C for provider compensation); fields a plan did not report are treated as missing, not zero. These are not audited or official totals.

Computed from loaded plans

Portfolio comparison

Largest plan share of assets100%The Wells Group, LLC Profit Sharing Plan
Participants per plan280Average across loaded plans
Loaded plans2
Ranked by reported assets

Largest loaded plans

Bars show each plan's reported end-of-year assets relative to the largest.

  1. 1
    The Wells Group, LLC Profit Sharing Plan$13.3M
    Plan #002 · 289 participants · 2023
  2. 2
    The Wells Group, LLC Premium Only Plannot reported in the loaded dataset
    Plan #502 · 270 participants · 2023

All loaded plans by assets → · By participants → · With financial statements → · With provider compensation →

EFAST2 filings

Latest loaded filings

Most recent loaded Form 5500 filings for The Wells Group, LLC. Open one for its full reported snapshot.

  1. 2023
    The Wells Group, LLC Profit Sharing Plan289 participants · 2Sch HSch C
    View filing →
  2. 2023
    The Wells Group, LLC Premium Only Plan270 participants · 2No schedules
    View filing →

What to inspect next

Frequently asked questions

How many benefit plans does The Wells Group, LLC report on Form 5500?
The Wells Group, LLC (EIN 61-0710998) reports 2 benefit plan(s) in the loaded Form 5500 dataset.
What is the EIN for The Wells Group, LLC?
The Employer Identification Number (EIN) reported for The Wells Group, LLC is 61-0710998.
What is the latest Form 5500 filing year for The Wells Group, LLC?
The latest loaded Form 5500 filing year for The Wells Group, LLC is 2023.

Related Form 5500 pages