Defined Benefit (Pension) · DOL Form 5500 · 2023

Wellmark, Inc. Pension Plan

Data updated 2026-08-25

$297M
Total assets Near avg plan size
1,474
Participants Near avg headcount
96th
Percentile by assets National rank
$201,678
Avg per participant Above avg balance/head
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Official DOL plan name: Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. · Sponsored by Wellmark, Inc. · Iowa · Finance & Insurance

$297M in assets, 1,474 participants

Wellmark, Inc.'s Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported $297M in total assets and 1,474 participants in its 2023 DOL Form 5500 filing, ranking in the 96th 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.

  • #8,298 in Finance & Insurance (8,869 peers)

Coverage in Iowa

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. covers 1,474 participants in Iowa, 2.4x the typical Iowa plan (state average ~609 per filing). Assets: $297M.

#8,298
in Finance & Insurance (8,869 peers)
+3.6%
assets growth YoY
3.0×
vs typical plan assets (national mean)

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s outsized position by total assets

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. vs every filed plan by assets

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

$297,274,074 Top 4% higher than 96% 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

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. lands in the large band (1,474 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported net income rose from -$94M in the plan year 2022 filing to $10M in the plan year 2023 filing.
  • Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported participants fell from 1,641 in the plan year 2022 filing to 1,474 in the plan year 2023 filing.
  • Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. end-of-year assets rose from $287M in the plan year 2022 filing to $297M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 352772844 · Wellmark, Inc. PY 2023 · Defined Benefit (Pension)

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. · $297M · 1,474 · 96th

  • BOY $297M
  • BOY 1,474
  • BOY 96th
  • BOY Defined Benefit (Pension)
  • BOY near Jack in the Box Inc. Retirement Plan
  • BOY ind #8298

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 →

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. in the asset neighbourhood

Employers & Operating Engineers Local 520 Pension FundEmployers & Operating Engine…$298MNon-Contributory Retirement Program for Certain Employees of Wellmark, Inc.Non-Contributory Retirement …$297MJack in the Box Inc. Retirement PlanJack in the Box Inc. Retirem…$297MAllegheny Technologies Incorporated Pension PlanAllegheny Technologies Incor…$297MRetirement Plan for Employees of Mutual of America Life Insurance CoRetirement Plan for Employee…$297M
End-of-year total assets ($M) among Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Iowa filing particulars

Total Assets (Beginning of Year)$287M
Net Assets (End of Year)$297M
Net Income$10M
Employer EIN352772844
Plan Effective Date1955-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellmark, Inc.)

Sponsor-wide plan assets over time

All Wellmark, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$235M 18.17480968384108% vs 2022
2024 filing year
$220M$240M$260M$280M$300M$320M 202220232024 $287M $235M ▼ -18.2%
Year Plans Participants Total Assets
2022 1 1,641 $287M
2023 1 1,474 $297M
2024 1 1,486 $235M

Nearby Defined Benefit (Pension) Plans in Iowa

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants Scatter plot of 6 data points. 050001000015000 00.511.522.5 Total assets ($B) Participants Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc., Total assets ($B): 0.297274074 · Participants: 1474Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.Transamerica Pension Plan, Total assets ($B): 2.323730661 · Participants: 6519Transamerica Pension PlanPrincipal Cash Balance Plan, Total assets ($B): 1.699129128 · Participants: 12492Principal Cash Balance PlanMidamerican Energy Company Retirement Plan, Total assets ($B): 0.515952654 · Participants: 3002Midamerican Energy Company Retirement PlanEmployers Mutual Casualty Company Retirement Plan, Total assets ($B): 0.346674752 · Participants: 1835Employers Mutual Casualty Company Retirement PlanPension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust, Total assets ($B): 0.293488214 · Participants: 1164Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. vs. nearby Defined Benefit (Pension) plans in Iowa, assets vs. participants

Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Iowa, the nearest Defined Benefit (Pension) by assets is Jack in the Box Inc. Retirement Plan in CA ($297M); by covered participants it is Memorial Health System Employee Pension Plan in IL (1,475 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (1,474 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 Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. assets move in 2023?
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. edged up modestly - up 3.6% during 2023, from $287M to $297M. Reported net income was $10M.
How have Wellmark, Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wellmark, Inc.'s sponsor-wide assets declined 18.2%, from $287M to $235M.
Where does Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. rank by assets among Form 5500 filers?
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. ranks in the 96th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which Defined Benefit (Pension) plans are similar in size to Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by assets is Jack in the Box Inc. Retirement Plan in CA ($297M, 724 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Memorial Health System Employee Pension Plan in IL (1,475 participants, N/A in assets).