Defined Benefit (Pension) · DOL Form 5500 · 2023

Wellmont Health System Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
205
Participants Below avg headcount
83rd
Percentile by assets National rank
$194,812
Avg per participant Above avg balance/head
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Official DOL plan name: Wellmont Health System Defined Benefit Plan · Sponsored by Wellmont Health System · Tennessee · Healthcare & Social Assistance

$40M in assets, 205 participants

Wellmont Health System's Wellmont Health System Defined Benefit Plan reported $40M in total assets and 205 participants in its 2023 DOL Form 5500 filing, ranking in the 83rd 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.

  • #15,125 in Healthcare & Social Assistance (17,684 peers)

Coverage in Tennessee

Wellmont Health System Defined Benefit Plan covers 205 participants in Tennessee, about 18% of the average Tennessee filer (state average ~1,126 per filing). Assets: $40M.

#15,125
in Healthcare & Social Assistance (17,684 peers)
-3.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $1M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wellmont Health System Defined Benefit Plan's outsized position by total assets

Wellmont Health System Defined Benefit Plan vs every filed plan by assets

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

$39,936,562 Top 17% higher than 83% 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

Wellmont Health System Defined Benefit 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. Wellmont Health System Defined Benefit Plan sits mid-pack in the medium band (205 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Wellmont Health System Defined Benefit Plan reported net income rose from -$2M in the plan year 2022 filing to -$1M in the plan year 2023 filing.
  • Wellmont Health System Defined Benefit Plan reported participants fell from 228 in the plan year 2022 filing to 205 in the plan year 2023 filing.
  • Wellmont Health System Defined Benefit Plan end-of-year assets fell from $41M in the plan year 2022 filing to $40M in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 621636465 · Wellmont Health System PY 2023 · Defined Benefit (Pension)

Wellmont Health System Defined Benefit Plan · $40M · 205 · 83rd

  • PCT $40M
  • PCT 205
  • PCT 83rd
  • PCT Defined Benefit (Pension)
  • PCT near Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust
  • PCT ind #15125

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 Tennessee →

Wellmont Health System Defined Benefit Plan in the asset neighbourhood

Jamaica Bearings Co., Inc. Pension TrustJamaica Bearings Co., Inc. P…$40MPension Plan of Stein Seal CompanyPension Plan of Stein Seal C…$40MWellmont Health System Defined Benefit PlanWellmont Health System Defin…$40MCyprus Federal Credit Union Cash Balance Defined Benefit Plan and TrustCyprus Federal Credit Union …$40MAlstom Employees Retirement PlanAlstom Employees Retirement …$40M
End-of-year total assets ($M) among Wellmont Health System Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2023.

Tennessee filing particulars

Total Assets (Beginning of Year)$41M
Net Assets (End of Year)$40M
Net Income-$1M
Employer EIN621636465
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellmont Health System)

Sponsor-wide plan assets over time

All Wellmont Health System plans reported in each filing year

Latest sponsor-wide plan assets
$40M 4.042642807807918% vs 2022
2024 filing year
$39M$40M$41M$42M 202220232024 $41.4M $39.7M ▼ -4.1%
Year Plans Participants Total Assets
2022 1 228 $41M
2023 1 205 $40M
2024 1 192 $40M

Nearby Defined Benefit (Pension) Plans in Tennessee

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

Wellmont Health System Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Wellmont Health System Defined Benefit Plan, Total assets ($B): 0.039936562 · Participants: 205Wellmont Health System Defined Benefit PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Wellmont Health System Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Wellmont Health System Defined Benefit Plan side-by-side with 3 peers →

Wellmont Health System Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust in UT ($40M); by covered participants it is Sheet Metal, Air, Rail & Transportation Association Local No. 33 Youngstown District Pension Fund in OH (205 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (205 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 Wellmont Health System Defined Benefit Plan assets move in 2023? ▼
Wellmont Health System Defined Benefit Plan edged down modestly - down 3.5% during 2023, from $41M to $40M. Reported net income was -$1M.
How have Wellmont Health System plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Wellmont Health System's sponsor-wide assets declined 4.0%, from $41M to $40M.
Where does Wellmont Health System Defined Benefit Plan rank by assets among Form 5500 filers? ▼
Wellmont Health System Defined Benefit Plan ranks in the 83rd 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 Defined Benefit (Pension) plans are similar in size to Wellmont Health System Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by assets is Cyprus Federal Credit Union Cash Balance Defined Benefit Plan and Trust in UT ($40M, 379 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wellmont Health System Defined Benefit Plan? ▼
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Sheet Metal, Air, Rail & Transportation Association Local No. 33 Youngstown District Pension Fund in OH (205 participants, $77M 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 621636465.

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.