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Original filing (PDF)20251010122924NAL0004601107001
THE WELLS COMPANIES
Form 5500
FILING_RECEIVED
WELLS CONCRETE PRODUCTS COMPANY PROFIT SHARING 401(K) AND LABORERS UNION SUPPLEMENTAL RETIREMENT PLAN
401(k) retirement plan
Active participants
2,296
Accounts w/ balance
2,348
Plan assets (EOY)
$108.0M
Net assets (EOY)
$108.0M
How this plan invests
This plan
2 pooled trusts
Schedule D
32 securities
funds · stocks · CUSIPs
Holdings are itemized directly on this plan's Schedule of Assets, below.
Plan health score (directional)
100
/ 100
Grade A
Top-tier plan health
Directional indicator computed from public Form 5500 data — compliance, concentration, cost, vendor stack and participation. Not a fiduciary tool.
Compliance & disclosures
100
Concentration risk
100
Total plan cost
100
Vendor stack
100
Participation health
100
Helping the score
- Below-peer total fees (7 bps vs 10 bps peer median).
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for THE WELLS COMPANIES.
Plan sponsor
Name
THE WELLS COMPANIES
EIN
27-2789430
Address
P.O.BOX 656 · ALBANY, MN · 56307
Phone
(507) 553-3138
Industry
Manufacturingsee all
Plan administrator
Same as plan sponsor.
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-10-10
Pension benefit codes
2F · ERISA section 404(c)
2G · Total participant-directed accounts
2J · 401(k) feature
2S · Automatic enrollment
2T · Default investment account (QDIA)
2E · Profit-sharing
3D · Pre-approved plan (master / prototype / VS)
Audit & trust (Schedule H)
Auditor
EIDE BAILLY LLP
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
1 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | 04-2647786 | — | RECORDKEEPER | $75K | — |
Investments
32 direct securities · 2 pooled funds· $111.0M(100% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Uncategorized
$108.1M
32 holdings
Common Collective Trust
$2.9M
2 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund Mutual fund N/A | — | — | — | $12.1M | 11.2% | |
| T. Rowe Retirement 2040 Fund Mutual fund N/A | — | — | — | $9.0M | 8.3% | |
| T. Rowe Retirement 2030 Fund Mutual fund N/A | — | — | — | $8.3M | 7.7% | |
| Harbor Capital Appreciation Institutional Fund Mutual fund N/A | — | — | — | $8.1M | 7.5% | |
| T. Rowe Retirement 2050 Fund Mutual fund N/A | — | — | — | $6.4M | 5.9% | |
| T. Rowe Retirement 2035 Fund Mutual fund N/A | — | — | — | $6.4M | 5.9% | |
| American Funds Washington Mutual Investors Fund Mutual fund N/A | — | — | — | $5.7M | 5.3% | |
| T. Rowe Retirement 2045 Fund Mutual fund N/A | — | — | — | $5.6M | 5.2% | |
| T. Rowe Retirement 2020 Fund Mutual fund N/A | — | — | — | $5.2M | 4.8% | |
| T. Rowe Retirement 2055 Fund Mutual fund N/A | — | — | — | $4.2M | 3.9% | |
| Federated Hermes Total Return Bond Fund Institutional Mutual fund N/A | — | — | — | $4.1M | 3.8% | |
| Fidelity Mid Cap Index Fund Mutual fund N/A | — | — | — | $3.9M | 3.6% | |
| T. Rowe Retirement 2025 Fund Mutual fund N/A | — | — | — | $3.5M | 3.3% | |
| T. Rowe Retirement 2060 Fund Mutual fund N/A | — | — | — | $3.2M | 3.0% | |
| American Funds New Perspective Fund Class R6 Mutual fund N/A | — | — | — | $3.1M | 2.9% | |
| Fidelity Managed Income Portfolio II Common collective trust fund N/A | — | — | — | $2.9M | 2.7% | |
| MIP CL 2 FIDELITY MANAGEMENT TRUST COMPANY · EIN 04-3022712 / PN 024 | Common Collective Trust | — | — | $2.9M | 2.7% | |
| Notes receivable from participants Maturing 2025 - 2034 at interest rates of 2.75% - 9.50% - | — | — | — | $2.6M | 2.4% | |
| American Funds EuroPacific Growth Fund Class R6 Mutual fund N/A | — | — | — | $2.2M | 2.1% | |
| Baron Asset Fund Institutional Class Mutual fund N/A | — | — | — | $1.9M | 1.8% | |
| Victory Sycamore Small Company Opportunity Fund Mutual fund N/A | — | — | — | $1.9M | 1.7% | |
| T. Rowe Retirement 2065 Fund Mutual fund N/A | — | — | — | $1.5M | 1.4% | |
| MFS Value Fund Class R4 Mutual fund N/A | — | — | — | $1.2M | 1.1% | |
| Invesco Developing Markets Fund Class Y Mutual fund N/A | — | — | — | $910K | 0.8% | |
| Fidelity Small Cap Index Fund Mutual fund N/A | — | — | — | $829K | 0.8% | |
| Wasatch Small Cap Growth Fund Investor Class Mutual fund N/A | — | — | — | $818K | 0.8% | |
| T. Rowe Retirement 2005 Fund Mutual fund N/A | — | — | — | $592K | 0.5% | |
| Fidelity International Index Fund Mutual fund N/A | — | — | — | $569K | 0.5% | |
| Fidelity U.S. Bond Index Fund Mutual fund N/A | — | — | — | $446K | 0.4% | |
| T. Rowe Retirement 2010 Fund Mutual fund N/A | — | — | — | $323K | 0.3% | |
| Victory Established Value Fund Y Mutual fund N/A | — | — | — | $279K | 0.3% | |
| T. Rowe Retirement 2015 Fund Mutual fund N/A | — | — | — | $57K | <0.1% | |
| Lessor, or Similar Party Par, or Maturity Value Cost Value * Fidelity Government Money Market Fund Money market mutual fund N/A | — | — | — | $21K | <0.1% | |
| PUTNAM STABLE VALUE PUTNAM FIDUCIARY TRUST COMPANY · EIN 04-3159710 / PN 202 | Common Collective Trust | — | — | $0 | <0.1% |