Other · DOL Form 5500 · 2024

Welllife Network Inc. Retirement Plan

Data updated 2026-07-24

$29M
Total assets: 2,331
Participants: 77th
Percentile by assets: $12,385
Avg per participant

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.

77th percentile by assets (of 116,472 plans)

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 ~795 per filing). Assets: $29M.

$29M
total plan assets (2024 EOY): 2,331
covered participants: 77th
percentile by assets (of 116,472 plans): $12,385
avg assets per participant

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. reported net income fell from $7M 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 $32M 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 2,500 in the plan year 2023 filing to 2,331 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

New York

Industry

Other Services

Participants vs New York filers

In New York, the average filing covers about 795 participants across 8,491 plans. 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. reports 2,331 participants - 2.9x that state average ($29M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)	$32M
Net Assets (End of Year)	$29M
Net Income	-$3M
Employer EIN	112542430
Plan Effective Date	1989-07-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Welllife Network Inc.)

Total plan assets by year, all Welllife Network Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	2,354	$41M
2023	3	5,019	$78M
2024	2	2,500	$38M

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

Northwell Health 403(b) Plan $10.9B · 44,511
The Mount Sinai Medical Center 403(b) Retirement Plan $9.5B · 46,826
Memorial Sloan Kettering Cancer Center Retirement Savings Plan $6.4B · 22,606
Retirement Plan for Officers of Columbia University $5.6B · 14,399
New York University Retirement Plan for Members of the Faculty, Professional Research Staff and Administration $5.4B · 10,678

Compare 401(k) Profit Sharing Plan for the Emplo… side-by-side with 3 peers →

Similar-Sized Other Plans Nationally

Other plans in other states closest to 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. by total assets, not by location.

USA Hockey, Inc. 403(b) Plan (CO) $29M · 140
Kootenai Clinic 403(b) Plan (ID) $29M · 170
Lifecenter Northwest 403(b) Retirement Plan (WA) $29M · 274
Los Angeles Lgbt Center 403(b) ERISA Plan (CA) $29M · 275

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 declined 6.6%, from $41M to $38M.

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 116,472 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).

Next read for 401(k) Profit Sharing Plan for the Emplo…

Filing takeaways

Ways to act on 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc.'s numbers.

By total assets, 401(k) Profit Sharing Plan for the Employees of Welllife Network Inc. ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar Other plans in New York. Compare plans
Welllife Network Inc.'s sponsor-wide assets have declined 6.6% since 2022 across 3 plan years on file. More Other Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 112542430.

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.