401(k) · DOL Form 5500 · 2023
Wex Inc. 401(k) Plan
Data updated 2026-08-11
- $435M
- Total assets
- 5,041
- Participants
- 97th
- Percentile by assets
- $86,285
- Avg per participant
Official DOL plan name: Wex Inc. Employee Savings Plan · Sponsored by Wex Inc. · Maine · Information & Media
$435M in assets, 5,041 participants
Wex Inc.'s Wex Inc. Employee Savings Plan reported $435M in total assets and 5,041 participants in its 2023 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 127,072 plans)
- #2,676 in Information & Media (2,818 peers)
Coverage in Maine
Wex Inc. Employee Savings Plan covers 5,041 participants in Maine, 11x the typical Maine plan (state average ~472 per filing). Assets: $435M.
- $435M
- total plan assets (2023 EOY)
- 5,041
- covered participants
- 97th
- percentile by assets (of 127,072 plans)
- $86,285
- avg assets per participant
What changed between DOL Form 5500 filings
plan year 2022 → plan year 2023
- Wex Inc. Employee Savings Plan reported net income rose from -$43M in the plan year 2022 filing to $89M in the plan year 2023 filing.
- Wex Inc. Employee Savings Plan end-of-year assets rose from $346M in the plan year 2022 filing to $435M in the plan year 2023 filing.
- Wex Inc. Employee Savings Plan reported participants rose from 4,901 in the plan year 2022 filing to 5,041 in the plan year 2023 filing.
Participants vs Maine filers
In Maine, the average filing covers about 472 participants across 561 plans. Wex Inc. Employee Savings Plan reports 5,041 participants - 11x that state average ($435M EOY assets).
Maine filing particulars
| Total Assets (Beginning of Year) | $346M |
|---|---|
| Net Assets (End of Year) | $435M |
| Net Income | $89M |
| Employer EIN | 010526993 |
| Plan Effective Date | 2005-02-23 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wex Inc.)
| 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
- Td 401(k) Retirement Plan $4.9B · 30,094
- Unum Group 401(k) Retirement Plan $2.2B · 9,604
- Idexx Retirement and Incentive Savings Plan $1.0B · 6,594
- Hannaford Bros. Co. 401(k) Plan $986M · 29,370
- L.L. Bean 401(k) Retirement Savings Plan $721M · 7,173
Scale composition for Wex Inc. Employee Savings Plan
Wex Inc. Employee Savings Plan reports $435M in end-of-year assets across 5,041 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.005% of 93,925,755 covered participants) - about $86,285 per participant (62% of the national average assets-per-participant) . Net income for plan year 2023 was $89M.
This plan identity (EIN 010526993, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $346M to $522M (+51.0%) while covered participants moved from 4,901 to 5,608 . Single-year sparse filers cannot show that trail.
| Plan year | Participants | EOY assets | Filing |
|---|---|---|---|
| 2022 | 4,901 | $346M | Open filing |
| 2023 | 5,041 | $435M | This page |
| 2024 · index core | 5,608 | $522M | Open filing |
The same sponsor also keeps 1 other index-core plan on PlainRetire:
- Wex Inc. Employee Savings Plan (401(k), $522M, 5,608 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.
- Ulta Salon Cosmetics & Fragrance 401(k) Retirement Plan (IL) $435M · 58,144
- Akima, LLC 401(k) Plan (VA) $435M · 6,550
- Valaris Savings Plan (TX) $435M · 1,428
- Tufts Medical Center Physicians Organization, Inc. 401(a) Retirement Plan (MA) $435M · 821
Frequently Asked Questions
How did Wex Inc. Employee Savings Plan assets move in 2023? ▼
How have Wex Inc. plan assets changed over time? ▼
Where does Wex Inc. Employee Savings Plan rank by assets among Form 5500 filers? ▼
Which 401(k) plans are similar in size to Wex Inc. Employee Savings Plan? ▼
Next read for Wex Inc. Employee Savings Plan
Filing takeaways
Ways to act on Wex Inc. Employee Savings Plan's numbers.
- By total assets, Wex Inc. Employee Savings Plan ranks in the top 5% of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Maine. Compare plans
- Wex Inc.'s sponsor-wide assets have grown 51.0% since 2022 across 3 plan years on file. More Information & Media plans