Defined Benefit (Pension) · DOL Form 5500 · 2024
Wellmark, Inc. Pension Plan
Data updated 2026-08-25
- $235M
- Total assets Near avg plan size
- 1,486
- Participants Near avg headcount
- 95th
- Percentile by assets National rank
- $157,998
- Avg per participant Above avg balance/head
Official DOL plan name: Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. · Sponsored by Wellmark, Inc. · Iowa · Finance & Insurance
$235M in assets, 1,486 participants
Wellmark, Inc.'s Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported $235M in total assets and 1,486 participants in its 2024 DOL Form 5500 filing, ranking in the 95th 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.
- #7,847 in Finance & Insurance (8,549 peers)
Coverage in Iowa
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. covers 1,486 participants in Iowa, 2.4x the typical Iowa plan (state average ~609 per filing). Assets: $235M.
- #7,847
- in Finance & Insurance (8,549 peers)
- -21.0%
- assets change YoY
- 2.4×
- vs typical plan assets (national mean)
The plan reported a net loss of $62M for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s outsized position by total assets
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$234,784,929 Top 5% higher than 95% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
Non-Contributory Retirement Program for Certain Employees of Wellmark, 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. Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. lands in the large band (1,486 participants).
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported net income fell from $10M in the plan year 2023 filing to -$62M in the plan year 2024 filing.
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. end-of-year assets fell from $297M in the plan year 2023 filing to $235M in the plan year 2024 filing.
- Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. reported participants rose from 1,474 in the plan year 2023 filing to 1,486 in the plan year 2024 filing.
DOL schedule card
Filing strip 352772844 · Wellmark, Inc. PY 2024 · Defined Benefit (Pension)
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. · $235M · 1,486 · 95th
- VS-ST $235M
- VS-ST 1,486
- VS-ST 95th
- VS-ST Defined Benefit (Pension)
- VS-ST near Nc Farm Bureau Mutual Insurance Company Retirement Plan
- VS-ST ind #7847
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 Finance & Insurance retirement plans → · Plans in Iowa →
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc. in the asset neighbourhood
Iowa filing particulars
| Total Assets (Beginning of Year) | $297M |
|---|---|
| Net Assets (End of Year) | $235M |
| Net Income | -$62M |
| Employer EIN | 352772844 |
| Plan Effective Date | 1955-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Wellmark, Inc.)
Sponsor-wide plan assets over time
All Wellmark, Inc. plans reported in each filing year
- Latest sponsor-wide plan assets
- $235M 18.17480968384108% vs 2022
- 2024 filing year
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 1,641 | $287M |
| 2023 | 1 | 1,474 | $297M |
| 2024 | 1 | 1,486 | $235M |
Nearby Defined Benefit (Pension) Plans in Iowa
Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.
- Transamerica Pension Plan $2.2B · 7,170
- Principal Cash Balance Plan $1.5B · 11,945
- Midamerican Energy Company Retirement Plan $521M · 2,805
- Employers Mutual Casualty Company Retirement Plan $362M · 1,908
- Pension Plan of the Plumbers and Steamfitters Local Union No. 33 Retirement Trust $331M · 1,233
Non-Contributory Retirement Program for Certain Employees of Wellmark, Inc.'s out-of-state Defined Benefit (Pension) peers by assets and headcount
Outside Iowa, the nearest Defined Benefit (Pension) by assets is Nc Farm Bureau Mutual Insurance Company Retirement Plan in NC ($235M); by covered participants it is Pension Plan for Employees of American Water Works Company, Inc. & Its Designated Subsidiaries in NJ (1,488 participants). Same-state nearby plans are listed separately above.
Closest by plan assets
Nearest other-state filings by tot_assets_eoy ($235M here).
- Nc Farm Bureau Mutual Insurance Company Retirement Plan (NC) $235M · 1,326
- Mayer Brown LLP U.S.a. Cash Balance Pension Plan (IL) $235M · 298
- Leidos Biomedical Research, Inc. Retirement Plan (MD) $235M · 476
- Mcasf Local 725 Pension Plan (FL) $235M · 982
Similar participant headcount
Nearest other-state filings by covered participants (1,486 participants); asset peers above are excluded.
- Pension Plan for Employees of American Water Works Company, Inc. & Its Designated Subsidiaries (NJ) 1,488 · 2 off
- Defined Benefit Pension Plan of the Plumbers & Steamfitters Local 400 and Mechanical Contractors Association of North Central Wisconsin (WI) 1,484 · 2 off
- The Cooper Companies, Inc. Retirement Income Plan (CA) 1,493 · 7 off
- The Nemours Foundation Pension Plan (FL) 1,475 · 11 off
DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.