401(k) · DOL Form 5500 · 2023

Carewell Health 401(k) Plan

Data updated 2026-08-25

$9M
Total assets Small plan by assets
727
Participants Near avg headcount
57th
Percentile by assets National rank
$13,028
Avg per participant Low balance/head
PlainRetire home → About this data RSS: change history

Official DOL plan name: Carewell Health 401(k) Plan · Sponsored by Carewell Health · New Jersey · Healthcare & Social Assistance

$9M in assets, 727 participants

Carewell Health's Carewell Health 401(k) Plan reported $9M in total assets and 727 participants in its 2023 DOL Form 5500 filing, ranking in the 57th 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.

  • #11,146 in Healthcare & Social Assistance (17,684 peers)

Carewell Health multi-year trail

Carewell Health's plans moved +44.1% in assets from 2022 to 2023; this filing shows Carewell Health 401(k) Plan at $9M / 727 participants.

#11,146
in Healthcare & Social Assistance (17,684 peers)
+44.1%
assets growth YoY

Carewell Health 401(k) Plan's mid-pack asset rank among Healthcare & Social Assistance and all filers

Carewell Health 401(k) Plan vs every filed plan by assets

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

$9,471,090 Top 43% higher than 57% 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

Carewell Health 401(k) 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. Carewell Health 401(k) Plan sits mid-pack in the medium band (727 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Carewell Health 401(k) Plan reported net income fell from $7M in the plan year 2022 filing to $3M in the plan year 2023 filing.
  • Carewell Health 401(k) Plan end-of-year assets rose from $7M in the plan year 2022 filing to $9M in the plan year 2023 filing.
  • Carewell Health 401(k) Plan reported participants fell from 786 in the plan year 2022 filing to 727 in the plan year 2023 filing.

See the national 2022→2023 release diff →

DOL schedule card

Filing strip 854153331 · Carewell Health PY 2023 · 401(k)

Carewell Health 401(k) Plan · $9M · 727 · 57th

  • BOY $9M
  • SCH 727
  • EBSA 57th
  • PART 401(k)
  • TYPE near Daedong-USA, Inc. 401(k) Plan
  • NET ind #11146

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 New Jersey →

Carewell Health 401(k) Plan in the asset neighbourhood

Carewell Health 401(k) Plan$9MDaedong-USA, Inc. 401(k) Plan$9MHighbar 401(k) Plan$9MCurtis Green and Clay Green 401(k) PlanCurtis Green and Clay Green …$9MSchmitt * Flex Retirement Savings PlanSchmitt * Flex Retirement Sa…$9M
End-of-year total assets ($M) among Carewell Health 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Carewell Health multi-year asset trail

Sponsor-wide plan assets over time

All Carewell Health plans reported in each filing year

Latest sponsor-wide plan assets
$9M 44.099069108471745% vs 2022
2023 filing year
$6M$7M$8M$9M$10M 20222023 $6.57M $9.47M ▲ +44.1%
Year Plans Participants Total Assets
2022 1 786 $7M
2023 1 727 $9M

Carewell Health filing trail (2023)

Total Assets (Beginning of Year)$7M
Net Assets (End of Year)$9M
Net Income$3M
Employer EIN854153331
Plan Effective Date2022-01-01
Filing StatusFILING RECEIVED

Nearby 401(k) Plans in New Jersey

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

Carewell Health 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000200000 -1001020304050 Total assets ($B) Participants Carewell Health 401(k) Plan, Total assets ($B): 0.00947109 · Participants: 727Carewell Health 401(k) PlanJPMorgan Chase 401(k) Savings Plan, Total assets ($B): 44.552237022 · Participants: 176610JPMorgan Chase 401(k) Savings PlanVerizon Savings Plan for Management Employees, Total assets ($B): 27.825640157 · Participants: 78072Verizon Savings Plan for Management EmployeesJohnson and Johnson Savings Plan, Total assets ($B): 22.177853595 · Participants: 41291Johnson and Johnson Savings PlanErnst & Young Retirement Savings Plan, Total assets ($B): 15.543526764 · Participants: 59346Ernst & Young Retirement Savings PlanMerck US Savings Plan, Total assets ($B): 13.424416176 · Participants: 26850Merck US Savings Plan
Carewell Health 401(k) Plan vs. nearby 401(k) plans in New Jersey, assets vs. participants
Compare Carewell Health 401(k) Plan side-by-side with 3 peers →

Carewell Health 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside New Jersey, the nearest 401(k) by assets is Daedong-USA, Inc. 401(k) Plan in NC ($9M); by covered participants it is Pape-Dawson Consulting Engineers, LLC. Employee 401(k) Plan in TX (727 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($9M here).

Similar participant headcount

Nearest other-state filings by covered participants (727 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 Carewell Health 401(k) Plan assets move in 2023? ▼
Carewell Health 401(k) Plan surged - up 44.1% during 2023, from $7M to $9M. Reported net income was $3M.
How have Carewell Health plan assets changed over time? ▼
Across 2 plan years on file (2022-2023), Carewell Health's sponsor-wide assets grew 44.1%, from $7M to $9M.
Which 401(k) plans are similar in size to Carewell Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is Daedong-USA, Inc. 401(k) Plan in NC ($9M, 161 participants).
Which 401(k) plans cover a similar participant headcount to Carewell Health 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Pape-Dawson Consulting Engineers, LLC. Employee 401(k) Plan in TX (727 participants, $103M 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 854153331.

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.