401(k) · DOL Form 5500 · 2022

Wex Inc. 401(k) Plan

Data updated 2026-08-11

$346M
Total assets
4,901
Participants
97th
Percentile by assets
$70,501
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Wex Inc. Employee Savings Plan · Sponsored by Wex Inc. · Maine · Information & Media

$346M in assets, 4,901 participants

Wex Inc.'s Wex Inc. Employee Savings Plan reported $346M in total assets and 4,901 participants in its 2022 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 97th percentile by assets (of 139,126 plans)
  • #2,761 in Information & Media (2,911 peers)

Coverage in Maine

Wex Inc. Employee Savings Plan covers 4,901 participants in Maine, 10x the typical Maine plan (state average ~472 per filing). Assets: $346M.

$346M
total plan assets (2022 EOY)
4,901
covered participants
97th
percentile by assets (of 139,126 plans)
$70,501
avg assets per participant

The plan reported a net loss of $43M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Wex Inc. Employee Savings Plan reports 4,901 participants - 10x that state average ($346M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$389M
Net Assets (End of Year)$346M
Net Income-$43M
Employer EIN010526993
Plan Effective Date2005-02-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Wex Inc.)

$300M$400M$500M$600M 202220232024 $346M $522M ▲ +51.0%
Total plan assets by year, all Wex Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,901 $346M
2023 1 5,041 $435M
2024 1 5,608 $522M

Nearby 401(k) Plans in Maine

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 012345 Total assets ($B) Participants Wex Inc. Employee Sa…Td 401(k) Retirement…Unum Group 401(k) Re…Idexx Retirement and…Hannaford Bros. Co.,…The Cianbro Team Equ…
Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wex Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wex Inc. Employee Savings Plan assets move in 2022?
Wex Inc. Employee Savings Plan pulled back noticeably - down 11.1% during 2022, from $389M to $346M. Reported net income was -$43M.
How have Wex Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wex Inc.'s sponsor-wide assets grew 51.0%, from $346M to $522M.
Where does Wex Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Wex Inc. Employee Savings Plan ranks in the 97th percentile by end-of-year assets among 139,126 plans that reported assets for plan year 2022 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Wex Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Thompson Hine LLP Retirement Plan in OH ($345M, 727 participants).

Next read for Wex Inc. Employee Savings Plan

Filing takeaways

Ways to act on Wex Inc. Employee Savings Plan's numbers.