401(k) · DOL Form 5500 · 2022

Wellmark, Inc. 401(k) Plan

Data updated 2026-08-11

$333M
Total assets
1,832
Participants
97th
Percentile by assets
$181,644
Avg per participant
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Official DOL plan name: Wellmark, Inc. Savings and Investment Plan · Sponsored by Wellmark, Inc. · Iowa · Finance & Insurance

$333M in assets, 1,832 participants

Wellmark, Inc.'s Wellmark, Inc. Savings and Investment Plan reported $333M in total assets and 1,832 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)
  • #8,781 in Finance & Insurance (9,261 peers)

Coverage in Iowa

Wellmark, Inc. Savings and Investment Plan covers 1,832 participants in Iowa, 3.0x the typical Iowa plan (state average ~609 per filing). Assets: $333M.

$333M
total plan assets (2022 EOY)
1,832
covered participants
97th
percentile by assets (of 139,126 plans)
$181,644
avg assets per participant

The plan reported a net loss of $73M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

State

Participants vs Iowa filers

In Iowa, the average filing covers about 609 participants across 1,246 plans. Wellmark, Inc. Savings and Investment Plan reports 1,832 participants - 3.0x that state average ($333M EOY assets).

Iowa filing particulars

Total Assets (Beginning of Year)$406M
Net Assets (End of Year)$333M
Net Income-$73M
Employer EIN420318333
Plan Effective Date1985-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellmark, Inc.)

$300M$350M$400M$450M$500M 202220232024 $333M $468M ▲ +40.6%
Total plan assets by year, all Wellmark, Inc. plans on file
Year Plans Participants Total Assets
2022 1 1,832 $333M
2023 1 1,868 $410M
2024 1 1,944 $468M

Nearby 401(k) Plans in Iowa

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

Wellmark, Inc. Savings and Investment Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Wellmark, Inc. Savings and Investment Plan vs. nearby 401(k) plans in Iowa, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 01234 Total assets ($B) Participants Wellmark, Inc. Savin…The Principal Select…Iowa Health System S…The Hy-Vee and Affil…The Rsm US LLP Retir…Transamerica 401(k) …
Wellmark, Inc. Savings and Investment Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did Wellmark, Inc. Savings and Investment Plan assets move in 2022?
Wellmark, Inc. Savings and Investment Plan declined sharply - down 18.0% during 2022, from $406M to $333M. Reported net income was -$73M.
How have Wellmark, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wellmark, Inc.'s sponsor-wide assets grew 40.6%, from $333M to $468M.
Where does Wellmark, Inc. Savings and Investment Plan rank by assets among Form 5500 filers?
Wellmark, Inc. Savings and Investment 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 Wellmark, Inc. Savings and Investment Plan?
Among 401(k) plans in other states, the closest by assets is Nch Healthcare System, Inc. 401(k) Plan in FL ($333M, 4,085 participants).

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Filing takeaways

Ways to act on Wellmark, Inc. Savings and Investment Plan's numbers.