401(k) · DOL Form 5500 · 2024

Wex Inc. 401(k) Plan

Data updated 2026-08-11

$522M
Total assets
5,608
Participants
97th
Percentile by assets
$93,028
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Wex Inc. Employee Savings Plan · Sponsored by Wex Inc. · Maine · Information & Media

$522M in assets, 5,608 participants

Wex Inc.'s Wex Inc. Employee Savings Plan reported $522M in total assets and 5,608 participants in its 2024 DOL Form 5500 filing, ranking in the 97th 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.

  • 97th percentile by assets (of 123,622 plans)
  • #2,685 in Information & Media (2,822 peers)

Coverage in Maine

Wex Inc. Employee Savings Plan covers 5,608 participants in Maine, 12x the typical Maine plan (state average ~472 per filing). Assets: $522M.

$522M
total plan assets (2024 EOY)
5,608
covered participants
97th
percentile by assets (of 123,622 plans)
$93,028
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wex Inc. Employee Savings Plan end-of-year assets rose from $435M in the plan year 2023 filing to $522M in the plan year 2024 filing.
  • Wex Inc. Employee Savings Plan reported participants rose from 5,041 in the plan year 2023 filing to 5,608 in the plan year 2024 filing.
  • Wex Inc. Employee Savings Plan reported net income fell from $89M in the plan year 2023 filing to $87M in the plan year 2024 filing.

See the national 2023→2024 release diff →

State

Participants vs Maine filers

In Maine, the average filing covers about 472 participants across 561 plans. Wex Inc. Employee Savings Plan reports 5,608 participants - 12x that state average ($522M EOY assets).

Maine filing particulars

Total Assets (Beginning of Year)$435M
Net Assets (End of Year)$522M
Net Income$87M
Employer EIN010526993
Plan Effective Date2005-02-23
Filing StatusFILING RECEIVED

Sponsor Plan History (Wex Inc.)

$300M$400M$500M$600M 202220232024 $346M $522M ▲ +51.0%
Total plan assets by year, all Wex Inc. plans on file
Year Plans Participants Total Assets
2022 1 4,901 $346M
2023 1 5,041 $435M
2024 1 5,608 $522M

Nearby 401(k) Plans in Maine

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

Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants Scatter plot of 6 data points. 010000200003000040000 02468 Total assets ($B) Participants Wex Inc. Employee Sa…Td 401(k) Retirement…Unum Group 401(k) Re…Idexx Retirement and…Hannaford Bros. Co. …Ahold Delhaize USA S…
Wex Inc. Employee Savings Plan vs. nearby 401(k) plans in Maine, assets vs. participants

Scale composition for Wex Inc. Employee Savings Plan

Wex Inc. Employee Savings Plan reports $522M in end-of-year assets across 5,608 participants (0.004% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.006% of 93,925,755 covered participants) - about $93,028 per participant (67% of the national average assets-per-participant) . Net income for plan year 2024 was $87M.

This plan identity (EIN 010526993, plan #001) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $346M to $522M (+51.0%) while covered participants moved from 4,901 to 5,608 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 4,901 $346M Open filing
2023 5,041 $435M Open filing
2024 · index core 5,608 $522M This page

Similar-Sized 401(k) Plans Nationally

401(k) plans in other states closest to Wex Inc. Employee Savings Plan by total assets, not by location.

Frequently Asked Questions

How did Wex Inc. Employee Savings Plan assets move in 2024?
Wex Inc. Employee Savings Plan grew sharply - up 19.9% during 2024, from $435M to $522M. Reported net income was $87M.
How have Wex Inc. plan assets changed over time?
Across 3 plan years on file (2022-2024), Wex Inc.'s sponsor-wide assets grew 51.0%, from $346M to $522M.
Where does Wex Inc. Employee Savings Plan rank by assets among Form 5500 filers?
Wex Inc. Employee Savings Plan ranks in the 97th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Wex Inc. Employee Savings Plan?
Among 401(k) plans in other states, the closest by assets is Milbank Retirement Savings Plan in NY ($521M, 999 participants).

Next read for Wex Inc. Employee Savings Plan

Filing takeaways

Ways to act on Wex Inc. Employee Savings Plan's numbers.