401(k) · DOL Form 5500 · 2023

Wellabe Services Company 401(k) Plan

Data updated 2026-08-25

$149M
Total assets Near avg plan size
398
Participants Below avg headcount
93rd
Percentile by assets National rank
$374,645
Avg per participant High balance/head
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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.

  • #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.

#7,970
in Finance & Insurance (8,869 peers)
+12.4%
assets growth YoY
1.5×
vs typical plan assets (national mean)

Wellabe 401(k) Savings Plan's outsized position 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

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

Wellabe 401(k) 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. Wellabe 401(k) Savings Plan sits mid-pack in the medium band (398 participants).

What changed between DOL Form 5500 filings

plan year 2022 → 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 →

Form 5500 schedule snapshot

Filing strip 571176393 · Wellabe Services Company PY 2023 · 401(k)

Wellabe 401(k) Savings Plan · $149M · 398 · 93rd

  • NET $149M
  • NET 398
  • NET 93rd
  • NET 401(k)
  • NET near Staffmark Group, LLC 401(k) Plan
  • NET ind #7970

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 Finance & Insurance retirement plans → · Plans in Iowa →

Wellabe 401(k) Savings Plan in the asset neighbourhood

Saft America Inc. Savings and Retirement PlanSaft America Inc. Savings an…$149MPoint B, Inc.& Affiliated Employers 401(k) PlanPoint B, Inc.& Affiliated Em…$149MTra-Minw, P.S. 401(k) Profit Sharing Plan and TrustTra-Minw, P.S. 401(k) Profit…$149MWellabe 401(k) Savings Plan$149MStaffmark Group, LLC 401(k) PlanStaffmark Group, LLC 401(k) …$149M
End-of-year total assets ($M) among Wellabe 401(k) Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Scale-class filing particulars (2023)

Total Assets (Beginning of Year)$133M
Net Assets (End of Year)$149M
Net Income$16M
Employer EIN571176393
Plan Effective Date1959-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellabe Services Company)

Sponsor-wide plan assets over time

All Wellabe Services Company plans reported in each filing year

Latest sponsor-wide plan assets
$163M 22.477470914872264% vs 2022
2024 filing year
$120M$130M$140M$150M$160M$170M 202220232024 $133M $163M ▲ +22.5%
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 Scatter plot of 6 data points. -200000200004000060000 -1012345 Total assets ($B) Participants Wellabe 401(k) Savings Plan, Total assets ($B): 0.149108702 · Participants: 398Wellabe 401(k) Savings PlanThe Principal Select Savings Plan, Total assets ($B): 4.134174305 · Participants: 12827The Principal Select Savings PlanIowa Health System Section 401(k) Retirement Savings Plan, Total assets ($B): 2.955731563 · Participants: 28959Iowa Health System Section 401(k) Retirement Savings PlanThe Hy-Vee and Affiliates 401(k) Plan, Total assets ($B): 2.941182172 · Participants: 56181The Hy-Vee and Affiliates 401(k) PlanThe Rsm US LLP Retirement Plan, Total assets ($B): 2.890404508 · Participants: 14720The Rsm US LLP Retirement PlanTransamerica 401(k) Retirement Savings Plan, Total assets ($B): 2.425600114 · Participants: 6999Transamerica 401(k) Retirement Savings Plan
Wellabe 401(k) Savings Plan vs. nearby 401(k) plans in Iowa, assets vs. participants
Compare Wellabe 401(k) Savings Plan side-by-side with 3 peers →

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

Outside Iowa, the nearest 401(k) by assets is Staffmark Group, LLC 401(k) Plan in OH ($149M); by covered participants it is Verbal Beginnings LLC 401(k) Plan in MD (398 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (398 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 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).
Which 401(k) plans cover a similar participant headcount to Wellabe 401(k) Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Verbal Beginnings LLC 401(k) Plan in MD (398 participants, $3M 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 571176393.

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.