Defined Benefit (Pension) · DOL Form 5500 · 2023

Wellmont Health System Pension Plan

Data updated 2026-08-11

$40M
Total assets
205
Participants
83rd
Percentile by assets
$194,812
Avg per participant
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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.

  • 83rd percentile by assets (of 127,072 plans)
  • #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.

$40M
total plan assets (2023 EOY)
205
covered participants
83rd
percentile by assets (of 127,072 plans)
$194,812
avg assets per participant

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.

Where Wellmont Health System Defined Benefit Plan sits 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 $2,010,000,000 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

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 →

State
Tennessee
Industry
Healthcare & Social Assistance

Participants vs Tennessee filers

In Tennessee, the average filing covers about 1,126 participants across 2,384 plans. Wellmont Health System Defined Benefit Plan reports 205 participants - about 18% of that state average ($40M EOY assets).

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)

$39M$40M$41M$42M 202220232024 $41.4M $39.7M ▼ -4.1%
Total plan assets by year, all Wellmont Health System plans on file
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 ($B) Participants Wellmont Health Syst…, Total assets ($B): 0.039936562 · Participants: 205Wellmont Health Syst…Fedex Corporation Em…, Total assets ($B): 26.580798454 · Participants: 139031Fedex Corporation Em…Retirement Plan of I…, Total assets ($B): 8.836549756 · Participants: 20164Retirement Plan of I…Pace Industry Union-…, Total assets ($B): 2.707920528 · Participants: 3192Pace Industry Union-…Pension Plan for Emp…, Total assets ($B): 2.456364769 · Participants: 5801Pension Plan for Emp…Retirement Program P…, Total assets ($B): 2.074583545 · Participants: 2710Retirement Program P…
Wellmont Health System Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants
Compare Wellmont Health System Defined Benefit P… side-by-side with 3 peers →

Similar-Sized Defined Benefit (Pension) Plans Nationally

Defined Benefit (Pension) plans in other states closest to Wellmont Health System Defined Benefit Plan by total assets, not by location.

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).

Next read for Wellmont Health System Defined Benefit P…

Filing takeaways

Ways to act on Wellmont Health System Defined Benefit Plan's numbers.

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.