Other · DOL Form 5500 · 2023

Welllife Network Inc. Retirement Plan

Data updated 2026-08-25

$32M
Total assets Below avg plan size
2,500
Participants Above avg headcount
80th
Percentile by assets National rank
$12,776
Avg per participant Low balance/head
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Official DOL plan name: 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. · Sponsored by Welllife Network Inc. · New York · Other Services

$32M in assets, 2,500 participants

Welllife Network Inc.'s 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported $32M in total assets and 2,500 participants in its 2023 DOL Form 5500 filing, ranking in the 80th 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.

  • #7,086 in Other Services (7,857 peers)

Coverage in New York

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. covers 2,500 participants in New York, 3.1x the typical New York plan (state average ~798 per filing). Assets: $32M.

#7,086
in Other Services (7,857 peers)
+29.7%
assets growth YoY
0.3×
vs typical plan assets (national mean)

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.'s outsized position by total assets

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. vs every filed plan by assets

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

$31,938,770 Top 20% higher than 80% 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

401(k) Profit Sharing Plan for the Employees of Welllife Network 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. 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. lands in the large band (2,500 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported net income rose from $4M in the plan year 2022 filing to $7M in the plan year 2023 filing.
  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported participants rose from 2,176 in the plan year 2022 filing to 2,500 in the plan year 2023 filing.
  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. end-of-year assets fell from $33M in the plan year 2022 filing to $32M in the plan year 2023 filing.

See the national 2022→2023 release diff →

EBSA filing schedule strip

Filing strip 112542430 · Welllife Network Inc. PY 2023 · Other

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. · $32M · 2,500 · 80th

  • PHOTO $32M
  • PHOTO 2,500
  • PHOTO 80th
  • PHOTO Other
  • PHOTO near San Francisco Day School Defined Contribution Retirement Plan
  • PHOTO ind #7086

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 Other Services retirement plans → · Plans in New York →

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. in the asset neighbourhood

Childfund International, USA 403(b) Tax Deferred Annuity PlanChildfund International, USA…$32M401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$32MSan Francisco Day School Defined Contribution Retirement PlanSan Francisco Day School Def…$32MFrench International School 403(b) Retirement PlanFrench International School …$32MTrinity Washington University DC Retirement PlanTrinity Washington Universit…$32M
End-of-year total assets ($M) among 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. and nearest nationwide Other peers. Source: DOL Form 5500 plan year 2023.

New York filing particulars

Total Assets (Beginning of Year)$25M
Net Assets (End of Year)$32M
Net Income$7M
Employer EIN112542430
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welllife Network Inc.)

Sponsor-wide plan assets over time

All Welllife Network Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80M 93.6355451460713% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $41.1M $79.5M ▲ +93.6%
Year Plans Participants Total Assets
2022 2 2,354 $41M
2023 3 5,019 $78M
2024 3 4,905 $80M

Nearby Other Plans in New York

Peer Other plans, same state, same plan type, ranked by total assets.

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. vs. nearby Other plans in New York, assets vs. participants Scatter plot of 6 data points. 0200004000060000 -5051015 Total assets ($B) Participants 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc., Total assets ($B): 0.03193877 · Participants: 2500401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.Northwell Health 403(b) Plan, Total assets ($B): 9.888143307 · Participants: 48676Northwell Health 403(b) PlanThe Mount Sinai Medical Center 403(b) Retirement Plan, Total assets ($B): 8.498597037 · Participants: 30241The Mount Sinai Medical Center 403(b) Retirement PlanUniversity of Rochester Retirement Program, Total assets ($B): 7.214339559 · Participants: 28970University of Rochester Retirement ProgramMemorial Sloan Kettering Cancer Center Retirement Savings Plan, Total assets ($B): 5.59380214 · Participants: 22855Memorial Sloan Kettering Cancer Center Retirement Savings PlanRetirement Plan for Officers of Columbia University, Total assets ($B): 5.026291682 · Participants: 14407Retirement Plan for Officers of Columbia University
401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. vs. nearby Other plans in New York, assets vs. participants

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.'s out-of-state Other peers by assets and headcount

Outside New York, the nearest Other by assets is San Francisco Day School Defined Contribution Retirement Plan in CA ($32M); by covered participants it is Northbay Healthcare 403(b) Retirement Plan in CA (2,508 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,500 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 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. assets move in 2023?
401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. grew sharply - up 29.7% during 2023, from $25M to $32M. Reported net income was $7M.
How have Welllife Network Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Welllife Network Inc.'s sponsor-wide assets grew 93.6%, from $41M to $80M.
Where does 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. rank by assets among Form 5500 filers?
401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. ranks in the 80th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).
Which Other plans are similar in size to 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.?
Among Other plans in other states, the closest by assets is San Francisco Day School Defined Contribution Retirement Plan in CA ($32M, 155 participants).
Which Other plans cover a similar participant headcount to 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.?
Among Other plans in other states, the closest by covered participants is Northbay Healthcare 403(b) Retirement Plan in CA (2,508 participants, $454M in assets).