401(k) · DOL Form 5500 · 2023

Welia Health 401(k) Plan

Data updated 2026-08-25

$18M
Total assets Small plan by assets
560
Participants Below avg headcount
70th
Percentile by assets National rank
$31,258
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Welia Health 401(k) Retirement Savings Plan · Sponsored by Welia Health · Minnesota · Healthcare & Social Assistance

$18M in assets, 560 participants

Welia Health's Welia Health 401(k) Retirement Savings Plan reported $18M in total assets and 560 participants in its 2023 DOL Form 5500 filing, ranking in the 70th 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.

  • #13,238 in Healthcare & Social Assistance (17,684 peers)

Coverage in Minnesota

Welia Health 401(k) Retirement Savings Plan covers 560 participants in Minnesota, about 50% of the average Minnesota filer (state average ~1,126 per filing). Assets: $18M.

#13,238
in Healthcare & Social Assistance (17,684 peers)
+84.5%
assets growth YoY

Welia Health 401(k) Retirement Savings Plan's outsized position by total assets

Welia Health 401(k) Retirement Savings Plan vs every filed plan by assets

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

$17,504,384 Top 30% higher than 70% 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

Welia Health 401(k) Retirement Savings Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Welia Health 401(k) Retirement Savings Plan sits mid-pack in the medium band (560 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Welia Health 401(k) Retirement Savings Plan end-of-year assets rose from $9M in the plan year 2022 filing to $18M in the plan year 2023 filing.
  • Welia Health 401(k) Retirement Savings Plan reported net income rose from $5M in the plan year 2022 filing to $8M in the plan year 2023 filing.
  • Welia Health 401(k) Retirement Savings Plan reported participants fell from 576 in the plan year 2022 filing to 560 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 845163224 · Welia Health PY 2023 · 401(k)

Welia Health 401(k) Retirement Savings Plan · $18M · 560 · 70th

  • PART $18M
  • TYPE 560
  • NET 70th
  • BOOK 401(k)
  • VS-ST near Red Dot Corporation 401(k) Plan
  • BOY ind #13238

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 Healthcare & Social Assistance retirement plans → · Plans in Minnesota →

Welia Health 401(k) Retirement Savings Plan in the asset neighbourhood

United Workers Pension Fund$18MTransonic Systems Inc. Retirement Savings PlanTransonic Systems Inc. Retir…$18MWelia Health 401(k) Retirement Savings PlanWelia Health 401(k) Retireme…$18MRed Dot Corporation 401(k) PlanRed Dot Corporation 401(k) P…$18MWestmoreland Electric Services 401(k) Profit Sharing PlanWestmoreland Electric Servic…$18M
End-of-year total assets ($M) among Welia Health 401(k) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$9M
Net Assets (End of Year)$18M
Net Income$8M
Employer EIN845163224
Plan Effective Date2021-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welia Health)

Sponsor-wide plan assets over time

All Welia Health plans reported in each filing year

Latest sponsor-wide plan assets
$27M 180.69156912419012% vs 2022
2024 filing year
$0M$10M$20M$30M 202220232024 $9.49M $26.6M ▲ +180.6%
Year Plans Participants Total Assets
2022 1 576 $9M
2023 1 560 $18M
2024 1 576 $27M

Nearby 401(k) Plans in Minnesota

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

Welia Health 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Welia Health 401(k) Retirement Savings Plan, Total assets ($B): 0.017504384 · Participants: 560Welia Health 401(k) Retirement Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Welia Health 401(k) Retirement Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Welia Health 401(k) Retirement Savings Plan side-by-side with 3 peers →

Welia Health 401(k) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Red Dot Corporation 401(k) Plan in WA ($18M); by covered participants it is Spl, Inc. 401(k) Profit Sharing Plan in TX (560 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($18M here).

Similar participant headcount

Nearest other-state filings by covered participants (560 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 Welia Health 401(k) Retirement Savings Plan assets move in 2023? ▼
Welia Health 401(k) Retirement Savings Plan surged - up 84.5% during 2023, from $9M to $18M. Reported net income was $8M.
How have Welia Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Welia Health's sponsor-wide assets grew 180.7%, from $9M to $27M.
Which 401(k) plans are similar in size to Welia Health 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Red Dot Corporation 401(k) Plan in WA ($18M, 354 participants).
Which 401(k) plans cover a similar participant headcount to Welia Health 401(k) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Spl, Inc. 401(k) Profit Sharing Plan in TX (560 participants, $15M in assets).

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 845163224.

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.