How big is WEL-Co Diamond Tool Corporation's plan?

WEL-Co Diamond Tool Corporation's plan reported $517K in assets and 13 participants for 2024.

Original filing (PDF)20251202085532NAL0011840497001

WEL-Co Diamond Tool Corporation

Name: WEL-Co Diamond Tool Corporation — WEL-Co Diamond, Form 5500 (2024)
Creator: WEL-Co Diamond Tool Corporation
License: https://www.usa.gov/government-works

Form 5500-SF

FILING_RECEIVED

WEL-Co Diamond Tool Corp. Profit Sharing Plan

Defined-contribution retirement plan · WEL-Co Diamond Tool Corporation's WEL-Co Diamond Tool Corp. Profit Sharing Plan held $517K in plan assets for 13 participants in 2024.

Active participants

Accounts w/ balance

Plan assets (EOY)

$517K

Net assets (EOY)

$517K

People on this filing

Paul Welch signed WEL-Co Diamond Tool Corporation's 2024 Form 5500 as plan administrator.

Paul Welch — Plan Administrator — Form 5500 signer

Get verified email & phone for these signers

Signer names are public record from the Form 5500 e-signature.

Plan identifiers

WEL-Co Diamond Tool Corporation's EIN is 04-2580470.

EIN 04-2580470

Plan number 001

Plan year 2024

ACK ID 20251202085532NAL0011840497001

Official Form 5500 document

Download the official 2024 Form 5500 (PDF) for WEL-Co Diamond Tool Corporation from the U.S. Department of Labor's EFAST2 system.

Download the official 2024 Form 5500 (PDF)

Plan features

WEL-Co Diamond Tool Corporation's plan includes profit-sharing, ERISA 404(c) participant direction, a default investment (QDIA).

Decision-maker contacts

One unlock reveals every key decision-maker — plan signer, CFO, HR & Benefits — with verified email + LinkedIn for WEL-CO DIAMOND TOOL CORPORATION.

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Plan health score

Top-tier plan health

Directional indicator from public Form 5500 data — compliance & integrity, total plan cost, participant health and vendor stack, benchmarked against same-size peers. Not a fiduciary tool. Based on 70% of scoring inputs for this filing.

Compliance & integrity

100

Total plan cost

n/a

Plan health

Vendor & structure

100

Helping the score

Cost not scored — no comparable Schedule H expense data for this cohort.
High account-holder ratio — balance-holders per active participant in the top 15% of peers (89th percentile).

Plan sponsor

Name

WEL-CO DIAMOND TOOL CORPORATION

EIN

all filings

Address

390 ROBERTS RD · OLDSMAR, FL · 346771767

Phone

(813) 854-2638

Industry

Manufacturing

Plan administrator