401(k) · DOL Form 5500 · 2023

Wellabe Services Company 401(k) Plan

Data updated 2026-08-11

$149M
Total assets: 398
Participants: 93rd
Percentile by assets: $374,645
Avg per participant

Official DOL plan name: Wellabe 401(k) Savings Plan · Sponsored by Wellabe Services Company · Iowa · Finance & Insurance

$149M in assets, 398 participants

Wellabe Services Company's Wellabe 401(k) Savings Plan reported $149M in total assets and 398 participants in its 2023 DOL Form 5500 filing, ranking in the 93rd 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.

93rd percentile by assets (of 127,072 plans)
#7,970 in Finance & Insurance (8,869 peers)

Where Wellabe 401(k) Savings Plan sits by assets

Wellabe 401(k) Savings Plan sits in the top 10% of all filed plans by assets, $149M for 398 participants (~$374,645/participant), up 12.4% in 2023.

$149M
total plan assets (2023 EOY): 398
covered participants: 93rd
percentile by assets (of 127,072 plans): $374,645
avg assets per participant

Where Wellabe 401(k) Savings Plan sits by total assets

Wellabe 401(k) Savings Plan vs every filed plan by assets

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

$149,108,702 Top 7% higher than 93% of 127,068 filed plans

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

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

Wellabe 401(k) Savings Plan reported net income rose from -$35M in the plan year 2022 filing to $16M in the plan year 2023 filing.
Wellabe 401(k) Savings Plan end-of-year assets rose from $133M in the plan year 2022 filing to $149M in the plan year 2023 filing.
Wellabe 401(k) Savings Plan reported participants rose from 392 in the plan year 2022 filing to 398 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Iowa

Industry

Finance & Insurance

Wellabe 401(k) Savings Plan vs the 2023 asset distribution

By assets, Wellabe 401(k) Savings Plan outranks 93% of the 127,072 plans that filed a Form 5500 for the 2023 plan year, and holds roughly 1.5x the national average plan size of $100M (721 average participants).

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)	$133M
Net Assets (End of Year)	$149M
Net Income	$16M
Employer EIN	571176393
Plan Effective Date	1959-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Wellabe Services Company)

Total plan assets by year, all Wellabe Services Company plans on file

Year	Plans	Participants	Total Assets
2022	1	392	$133M
2023	1	398	$149M
2024	1	424	$163M

Nearby 401(k) Plans in Iowa

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

Wellabe 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants

The Principal Select Savings Plan $4.1B · 12,827
Iowa Health System Section 401(k) Retirement Savings Plan $3.0B · 28,959
The Hy-Vee and Affiliates 401(k) Plan $2.9B · 56,181
The Rsm US LLP Retirement Plan $2.9B · 14,720
Transamerica 401(k) Retirement Savings Plan $2.4B · 6,999

Compare Wellabe 401(k) Savings Plan side-by-side with 3 peers →

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wellabe 401(k) Savings Plan by total assets, not by location.

Staffmark Group, LLC 401(k) Plan (OH) $149M · 1,933
Tra-Minw, P.S. 401(k) Profit Sharing Plan and Trust (WA) $149M · 428
Saft America Inc. Savings and Retirement Plan (FL) $149M · 803
Point B, Inc.& Affiliated Employers 401(k) Plan (WA) $149M · 967

Frequently Asked Questions

How did Wellabe 401(k) Savings Plan assets move in 2023? ▼

Wellabe 401(k) Savings Plan grew at a solid clip - up 12.4% during 2023, from $133M to $149M. Reported net income was $16M.

How have Wellabe Services Company plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Wellabe Services Company's sponsor-wide assets grew 22.5%, from $133M to $163M.

Where does Wellabe 401(k) Savings Plan rank by assets among Form 5500 filers? ▼

Wellabe 401(k) Savings Plan ranks in the 93rd percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 10% of all filed plans by assets).

Which 401(k) plans are similar in size to Wellabe 401(k) Savings Plan? ▼

Among 401(k) plans in other states, the closest by assets is Staffmark Group, LLC 401(k) Plan in OH ($149M, 1,933 participants).

Next read for Wellabe 401(k) Savings Plan

Scale reading

Ways to act on Wellabe 401(k) Savings Plan's numbers.

By total assets, Wellabe 401(k) Savings Plan ranks in the top 10% of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar 401(k) plans in Iowa. Compare plans
Wellabe Services Company's sponsor-wide assets have grown 22.5% since 2022 across 3 plan years on file. More Finance & Insurance plans

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 571176393.