Other · DOL Form 5500 · 2024

Welllife Network Inc. Retirement Plan

Data updated 2026-08-25

$29M
Total assets Below avg plan size
2,331
Participants Above avg headcount
77th
Percentile by assets National rank
$12,385
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

$29M in assets, 2,331 participants

Welllife Network Inc.'s 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported $29M in total assets and 2,331 participants in its 2024 DOL Form 5500 filing, ranking in the 77th 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.

  • #6,800 in Other Services (7,719 peers)

Coverage in New York

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. covers 2,331 participants in New York, 2.9x the typical New York plan (state average ~798 per filing). Assets: $29M.

#6,800
in Other Services (7,719 peers)
-9.6%
assets change YoY
0.3×
vs typical plan assets (national mean)

The plan reported a net loss of $3M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

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 2024 · DOL Form 5500

$28,869,813 Top 23% higher than 77% of 123,620 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 2024

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.'s large-plan peer group by participant headcount

Plan-year 2024 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 (2,331 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported net income fell from $4M in the plan year 2023 filing to -$3M in the plan year 2024 filing.
  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. end-of-year assets fell from $37M in the plan year 2023 filing to $29M in the plan year 2024 filing.
  • 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reported participants fell from 2,350 in the plan year 2023 filing to 2,331 in the plan year 2024 filing.

See the national 2023→2024 release diff →

Form 5500 schedule snapshot

Filing strip 112542430 · Welllife Network Inc. PY 2024 · Other

401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. · $29M · 2,331 · 77th

  • BOY $29M
  • SCH 2,331
  • EBSA 77th
  • PART Other
  • TYPE near USA Hockey, Inc. 403(b) Plan
  • NET ind #6800

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

Lifecenter Northwest 403(b) Retirement PlanLifecenter Northwest 403(b) …$29MThe Forman School, Inc. 403(b) Retirement PlanThe Forman School, Inc. 403(…$29M401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$29MUSA Hockey, Inc. 403(b) Plan$29MKootenai Clinic 403(b) Plan$29M
End-of-year total assets ($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 2024.

New York filing particulars

Total Assets (Beginning of Year)$32M
Net Assets (End of Year)$29M
Net Income-$3M
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. 01000020000300004000050000 -5051015 Total assets ($B) Participants 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc., Total assets ($B): 0.028869813 · Participants: 2331401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.Northwell Health 403(b) Plan, Total assets ($B): 10.919546292 · Participants: 44511Northwell Health 403(b) PlanThe Mount Sinai Medical Center 403(b) Retirement Plan, Total assets ($B): 9.49390479 · Participants: 46826The Mount Sinai Medical Center 403(b) Retirement PlanUniversity of Rochester Retirement Program, Total assets ($B): 8.002376506 · Participants: 30335University of Rochester Retirement ProgramMemorial Sloan Kettering Cancer Center Retirement Savings Plan, Total assets ($B): 6.449166101 · Participants: 22606Memorial Sloan Kettering Cancer Center Retirement Savings PlanRetirement Plan for Officers of Columbia University, Total assets ($B): 5.643469898 · Participants: 14399Retirement 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 USA Hockey, Inc. 403(b) Plan in CO ($29M); by covered participants it is Southern Methodist University Retirement Plan in TX (2,323 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($29M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,331 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. 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 2024?
401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. pulled back noticeably - down 9.6% during 2024, from $32M to $29M. Reported net income was -$3M.
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 77th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (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 USA Hockey, Inc. 403(b) Plan in CO ($29M, 140 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 Southern Methodist University Retirement Plan in TX (2,323 participants, $1.1B in assets).