401(k)
2022 plan-year 401(k) DOL Form 5500

Wesley Health Care Center, Inc. 401(k) Savings Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Wesley Health Care Center, Inc. · New York · Healthcare & Social Assistance

What the 2023 filing shows

Wesley Health Care Center, Inc. 401(k) Savings Plan holds $10M for 300 participants — about $33,208 per participant, down 24.0% over the 2022 plan year.

$10M
total plan assets (2022 EOY)
300
covered participants
$33,208
avg assets per participant
-24.0%
assets change YoY

The plan reported a net loss of $3M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$10M
Participants
300
State
Industry
Healthcare & Social Assistance

What the Filing Says About Wesley Health Care Center, Inc. 401(k) Savings Plan

Wesley Health Care Center, Inc. 401(k) Savings Plan is a 401(k) retirement plan sponsored by Wesley Health Care Center, Inc., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $10M in total end-of-year assets and covers 300 participants across the Healthcare & Social Assistance industry. The sponsor's EIN on file with the U.S. Department of Labor is 222467092, and the plan has been effective since 1980-04-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $13M at the beginning of 2022 to $10M at year-end — a decline of 24.0%. Net assets (after liabilities) closed the year at $10M, with reported net income of $-3,153,958 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$13M
Total Assets (End of Year)$10M
Net Assets (End of Year)$10M
Net Income$-3,153,958
Plan Type401(k)
Employer EIN222467092
Plan Effective Date1980-04-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wesley Health Care Center, Inc.)

Year Plans Participants Total Assets
2022 1 300 $10M
2023 1 411 $11M
2024 1 461 $12M

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Frequently Asked Questions

How much money is in the Wesley Health Care Center, Inc. 401(k) Savings Plan?
As of the 2022 Form 5500 filing, Wesley Health Care Center, Inc. 401(k) Savings Plan holds $10M in total assets with 300 participants. It is sponsored by Wesley Health Care Center, Inc..
What type of plan is Wesley Health Care Center, Inc. 401(k) Savings Plan?
Wesley Health Care Center, Inc. 401(k) Savings Plan is a 401(k) plan. It has been effective since 1980-04-01. The plan is filed with the U.S. Department of Labor under EIN 222467092.
Who sponsors the Wesley Health Care Center, Inc. 401(k) Savings Plan?
Wesley Health Care Center, Inc. 401(k) Savings Plan is sponsored by Wesley Health Care Center, Inc., located in New York. The sponsor's EIN is 222467092 and the plan operates in the Healthcare & Social Assistance industry.
How did Wesley Health Care Center, Inc. 401(k) Savings Plan perform in 2022?
Wesley Health Care Center, Inc. 401(k) Savings Plan declined by 24.0% during 2022, moving from $13M to $10M in total assets. Net income was $-3,153,958.
Where can I find official filings for Wesley Health Care Center, Inc. 401(k) Savings Plan?
Official Form 5500 filings for Wesley Health Care Center, Inc. 401(k) Savings Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 222467092 or plan name at efast.dol.gov.
How does Wesley Health Care Center, Inc. 401(k) Savings Plan compare to other plans?
You can compare Wesley Health Care Center, Inc. 401(k) Savings Plan against other 401(k) plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 222467092.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.