401(k) · DOL Form 5500 · 2023

Wellspan Health 401(k) Plan

Data updated 2026-08-25

$2.3B
Total assets Very large vs avg
21,201
Participants Very large workforce
99th
Percentile by assets National rank
$106,568
Avg per participant Below avg balance/head
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Official DOL plan name: Wellspan 403(b) Retirement Savings Plan · Sponsored by Wellspan Health · Pennsylvania · Healthcare & Social Assistance

$2.3B in assets, 21,201 participants

Wellspan Health's Wellspan 403(b) Retirement Savings Plan reported $2.3B in total assets and 21,201 participants in its 2023 DOL Form 5500 filing, ranking in the 99th 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.

  • #17,598 in Healthcare & Social Assistance (17,684 peers)

Coverage in Pennsylvania

Wellspan 403(b) Retirement Savings Plan covers 21,201 participants in Pennsylvania, 26x the typical Pennsylvania plan (state average ~822 per filing). Assets: $2.3B.

#17,598
in Healthcare & Social Assistance (17,684 peers)
+23.3%
assets growth YoY
23×
vs typical plan assets (national mean)

Wellspan 403(b) Retirement Savings Plan's outsized position by total assets

Wellspan 403(b) Retirement Savings Plan vs every filed plan by assets

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

$2,259,337,691 Top 1% higher than 99% 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

Wellspan 403(b) Retirement Savings Plan's mega-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wellspan 403(b) Retirement Savings Plan is a mega filing (21,201 participants), the rightmost band on the breakdown.

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wellspan 403(b) Retirement Savings Plan reported net income rose from -$243M in the plan year 2022 filing to $427M in the plan year 2023 filing.
  • Wellspan 403(b) Retirement Savings Plan end-of-year assets rose from $1.8B in the plan year 2022 filing to $2.3B in the plan year 2023 filing.
  • Wellspan 403(b) Retirement Savings Plan reported participants fell from 24,053 in the plan year 2022 filing to 21,201 in the plan year 2023 filing.

See the national 2022→2023 release diff →

Form 5500 schedule snapshot

Filing strip 222517863 · Wellspan Health PY 2023 · 401(k)

Wellspan 403(b) Retirement Savings Plan · $2.3B · 21,201 · 99th

  • NET $2.3B
  • NET 21,201
  • NET 99th
  • NET 401(k)
  • NET near Gartner Inc. Savings and Investment Plan
  • NET ind #17598

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 Healthcare & Social Assistance retirement plans → · Plans in Pennsylvania →

Wellspan 403(b) Retirement Savings Plan in the asset neighbourhood

Union Pacific Corporation Thrift PlanUnion Pacific Corporation Th…$2.3BWellspan 403(b) Retirement Savings PlanWellspan 403(b) Retirement S…$2.3BGartner Inc. Savings and Investment PlanGartner Inc. Savings and Inv…$2.3BUnion Pacific Agreement Employee 401(k) Retirement Thrift PlanUnion Pacific Agreement Empl…$2.3BOld Dominion 401(k) Retirement PlanOld Dominion 401(k) Retireme…$2.3B
End-of-year total assets ($B) among Wellspan 403(b) Retirement Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Pennsylvania filing particulars

Total Assets (Beginning of Year)$1.8B
Net Assets (End of Year)$2.3B
Net Income$427M
Employer EIN222517863
Plan Effective Date2008-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellspan Health)

Sponsor-wide plan assets over time

All Wellspan Health plans reported in each filing year

Latest sponsor-wide plan assets
$2.7B 44.1934391508764% vs 2022
2024 filing year
$1.5B$2B$2.5B$3B 202220232024 $1.9B $2.73B ▲ +43.7%
Year Plans Participants Total Assets
2022 3 26,908 $1.9B
2023 3 24,068 $2.3B
2024 3 23,861 $2.7B

Nearby 401(k) Plans in Pennsylvania

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

Wellspan 403(b) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants Scatter plot of 6 data points. 020000400006000080000100000 05101520 Total assets ($B) Participants Wellspan 403(b) Retirement Savings Plan, Total assets ($B): 2.259337691 · Participants: 21201Wellspan 403(b) Retirement Savings PlanComcast Corporation Retirement - Investment Plan, Total assets ($B): 17.368669862 · Participants: 93136Comcast Corporation Retirement - Investment PlanCigna 401(k) Plan, Total assets ($B): 13.003870935 · Participants: 66760Cigna 401(k) PlanThe Vanguard Retirement and Savings Plan, Total assets ($B): 9.765617477 · Participants: 18200The Vanguard Retirement and Savings PlanThe PNC Financial Services Group, Inc. Incentive Savings Plan, Total assets ($B): 9.339762 · Participants: 61697The PNC Financial Services Group, Inc. Incentive Savings PlanThe Bank of New York Mellon Corporation 401(k) Savings Plan, Total assets ($B): 8.955655142 · Participants: 25184The Bank of New York Mellon Corporation 401(k) Savings Plan
Wellspan 403(b) Retirement Savings Plan vs. nearby 401(k) plans in Pennsylvania, assets vs. participants
Compare Wellspan 403(b) Retirement Savings Plan side-by-side with 3 peers →

Scale composition for Wellspan 403(b) Retirement Savings Plan

Wellspan 403(b) Retirement Savings Plan reports $2.3B in end-of-year assets across 21,201 participants (0.018% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.023% of 93,925,755 covered participants) - about $106,568 per participant (77% of the national average assets-per-participant) . Net income for plan year 2023 was $427M.

This plan identity (EIN 222517863, plan #005) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.8B to $2.6B (+44.2%) while covered participants moved from 24,053 to 21,551 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 24,053 $1.8B Open filing
2023 21,201 $2.3B This page
2024 · index core 21,551 $2.6B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Wellspan 403(b) Retirement Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Pennsylvania, the nearest 401(k) by assets is Gartner Inc. Savings and Investment Plan in CT ($2.3B); by covered participants it is Michaels Stores, Inc. Employees 401(k) Plan in TX (21,202 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($2.3B here).

Similar participant headcount

Nearest other-state filings by covered participants (21,201 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 Wellspan 403(b) Retirement Savings Plan assets move in 2023? ▼
Wellspan 403(b) Retirement Savings Plan grew sharply - up 23.3% during 2023, from $1.8B to $2.3B. Reported net income was $427M.
How have Wellspan Health plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wellspan Health's sponsor-wide assets grew 44.2%, from $1.9B to $2.7B.
Where does Wellspan 403(b) Retirement Savings Plan rank by assets among Form 5500 filers? ▼
Wellspan 403(b) Retirement Savings Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which 401(k) plans are similar in size to Wellspan 403(b) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Gartner Inc. Savings and Investment Plan in CT ($2.3B, 10,371 participants).
Which 401(k) plans cover a similar participant headcount to Wellspan 403(b) Retirement Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Michaels Stores, Inc. Employees 401(k) Plan in TX (21,202 participants, $307M 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 222517863.

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.