401(k) · DOL Form 5500 · 2023

Wegmans Food Markets Inc. 401(k) Plan

Data updated 2026-08-06

$3.0B
Total assets
41,071
Participants
100th
Percentile by assets
$73,382
Avg per participant
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Official DOL plan name: The Wegmans Retirement Plans · Sponsored by Wegmans Food Markets Inc. · New York · Retail Trade

$3.0B in assets, 41,071 participants

Wegmans Food Markets Inc.'s The Wegmans Retirement Plans reported $3.0B in total assets and 41,071 participants in its 2023 DOL Form 5500 filing, ranking in the 100th 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.

  • 100th percentile by assets (of 126,618 plans)
  • #8,348 in Retail Trade (8,373 peers)

Coverage in New York

The Wegmans Retirement Plans covers 41,071 participants in New York, 52x the typical New York plan (state average ~795 per filing). Assets: $3.0B.

$3.0B
total plan assets (2023 EOY)
41,071
covered participants
100th
percentile by assets (of 126,618 plans)
$73,382
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • The Wegmans Retirement Plans reported net income fell from $326M in the plan year 2022 filing to $198M in the plan year 2023 filing.
  • The Wegmans Retirement Plans end-of-year assets rose from $2.8B in the plan year 2022 filing to $3.0B in the plan year 2023 filing.
  • The Wegmans Retirement Plans reported participants rose from 39,720 in the plan year 2022 filing to 41,071 in the plan year 2023 filing.

See the national 2023→2024 release diff →

State
New York
Industry
Retail Trade

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. The Wegmans Retirement Plans reports 41,071 participants - 52x that state average ($3.0B EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$2.8B
Net Assets (End of Year)$3.0B
Net Income$198M
Employer EIN161309424
Plan Effective Date1953-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wegmans Food Markets Inc.)

$2.6B$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.82B $3.4B ▲ +20.6%
Total plan assets by year, all Wegmans Food Markets Inc. plans on file
Year Plans Participants Total Assets
2022 1 39,720 $2.8B
2023 1 41,071 $3.0B
2024 1 42,027 $3.4B

Nearby 401(k) Plans in New York

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

The Wegmans Retirement Plans vs. nearby 401(k) plans in New York, assets vs. participants

The Wegmans Retirement Plans vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. 050000100000150000 020406080 Total assets ($B) Participants The Wegmans Retireme…IBM 401 (K) Plus PlanPfizer Savings PlanMorgan Stanley 401(k…The Pepsico Savings …The Goldman Sachs 40…
The Wegmans Retirement Plans vs. nearby 401(k) plans in New York, assets vs. participants
Compare The Wegmans Retirement Plans side-by-side with 3 peers →

Scale composition for The Wegmans Retirement Plans

The Wegmans Retirement Plans reports $3.0B in end-of-year assets across 41,071 participants (0.026% of the $11.6T held by all Form 5500 filers in the national rollup , and 0.046% of 89,805,449 covered participants) - about $73,382 per participant (54% of the national average assets-per-participant) . Net income for plan year 2023 was $198M.

This plan identity (EIN 161309424, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $2.8B to $3.4B (+20.8%) while covered participants moved from 39,720 to 42,027 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 39,720 $2.8B Open filing
2023 41,071 $3.0B This page
2024 · index core 42,027 $3.4B Open filing

The same sponsor also keeps 1 other index-core plan on PlainRetire:

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to The Wegmans Retirement Plans by total assets, not by location.

Frequently Asked Questions

How did The Wegmans Retirement Plans assets move in 2023? ▼
The Wegmans Retirement Plans grew at a solid clip - up 7.0% during 2023, from $2.8B to $3.0B. Reported net income was $198M.
How have Wegmans Food Markets Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wegmans Food Markets Inc.'s sponsor-wide assets grew 20.8%, from $2.8B to $3.4B.
Where does The Wegmans Retirement Plans rank by assets among Form 5500 filers? ▼
The Wegmans Retirement Plans ranks in the 100th percentile by end-of-year assets among 126,618 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to The Wegmans Retirement Plans? ▼
Among 401(k) plans in other states, the closest by assets is Savings Plan for Employees of Ntca and Its Members in VA ($3.0B, 22,270 participants).

Next read for The Wegmans Retirement Plans

Filing takeaways

Ways to act on The Wegmans Retirement Plans's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 161309424.

Read our methodology - how this data is sourced, computed, and verified.

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