401(k) · DOL Form 5500 · 2023

Wegmans Food Markets Inc. 401(k) Plan

Data updated 2026-08-25

$3.0B
Total assets Very large vs avg
41,071
Participants Very large workforce
100th
Percentile by assets National rank
$73,382
Avg per participant Below avg balance/head
PlainRetire home → About this data RSS: change history

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.

  • #8,389 in Retail Trade (8,414 peers)

Coverage in New York

The Wegmans Retirement Plans covers 41,071 participants in New York, 51x the typical New York plan (state average ~798 per filing). Assets: $3.0B.

#8,389
in Retail Trade (8,414 peers)
+7.0%
assets growth YoY
30×
vs typical plan assets (national mean)

The Wegmans Retirement Plans's outsized position by total assets

The Wegmans Retirement Plans vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$3,013,892,054 Highest reported value at or above every one of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

The Wegmans Retirement Plans's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. The Wegmans Retirement Plans is a mega filing (41,071 participants), the rightmost band on the breakdown.

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 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 161309424 · Wegmans Food Markets Inc. PY 2023 · 401(k)

The Wegmans Retirement Plans · $3.0B · 41,071 · 100th

  • IND $3.0B
  • EOY 41,071
  • 5500 100th
  • ASSETS 401(k)
  • PCT near Savings Plan for Employees of Ntca and Its Members
  • EIN ind #8389

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Retail Trade retirement plans → · Plans in New York →

The Wegmans Retirement Plans in the asset neighbourhood

Optumcare 401(k) Retirement PlanOptumcare 401(k) Retirement …$3.0BThe Wegmans Retirement Plans$3.0BSavings Plan for Employees of Ntca and Its MembersSavings Plan for Employees o…$3.0BAmeren Corporation Savings Investment PlanAmeren Corporation Savings I…$3.0BU.S. Associate Savings Plan$3.0B
End-of-year total assets ($B) among The Wegmans Retirement Plans and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

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.)

Sponsor-wide plan assets over time

All Wegmans Food Markets Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$3.4B 20.765379618969607% vs 2022
2024 filing year
$2.6B$2.8B$3B$3.2B$3.4B$3.6B 202220232024 $2.82B $3.4B ▲ +20.6%
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 Scatter plot of 6 data points. 050000100000150000 020406080 Total assets ($B) Participants The Wegmans Retirement Plans, Total assets ($B): 3.013892054 · Participants: 41071The Wegmans Retirement PlansIBM 401 (K) Plus Plan, Total assets ($B): 57.428456306 · Participants: 54912IBM 401 (K) Plus PlanPfizer Savings Plan, Total assets ($B): 19.56134085 · Participants: 30033Pfizer Savings PlanMorgan Stanley 401(k) Plan, Total assets ($B): 19.235068266 · Participants: 55363Morgan Stanley 401(k) PlanThe Pepsico Savings Plan, Total assets ($B): 13.651296 · Participants: 133597The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 11.428659742 · Participants: 24866The Goldman Sachs 401(k) Plan
The Wegmans Retirement Plans vs. nearby 401(k) plans in New York, assets vs. participants

Scale composition for The Wegmans Retirement Plans

The Wegmans Retirement Plans reports $3.0B in end-of-year assets across 41,071 participants (0.024% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.044% of 93,925,755 covered participants) - about $73,382 per participant (53% 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:

The Wegmans Retirement Plans's out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Savings Plan for Employees of Ntca and Its Members in VA ($3.0B); by covered participants it is Thermo Fisher Scientific Inc. 401(k) Retirement Plan in PA (41,102 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($3.0B here).

Similar participant headcount

Nearest other-state filings by covered participants (41,071 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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 127,072 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).
Which 401(k) plans cover a similar participant headcount to The Wegmans Retirement Plans? ▼
Among 401(k) plans in other states, the closest by covered participants is Thermo Fisher Scientific Inc. 401(k) Retirement Plan in PA (41,102 participants, $7.5B in assets).