401(k) · DOL Form 5500 · 2024

Welllife Network Inc. 401(k) Plan

Data updated 2026-08-11

$41M
Total assets
2,405
Participants
82nd
Percentile by assets
$17,116
Avg per participant
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Official DOL plan name: 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. · Sponsored by Welllife Network Inc. · New York · Other Services

$41M in assets, 2,405 participants

Welllife Network Inc.'s 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. reported $41M in total assets and 2,405 participants in its 2024 DOL Form 5500 filing, ranking in the 82nd 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.

  • 82nd percentile by assets (of 123,622 plans)
  • #7,054 in Other Services (7,719 peers)

Coverage in New York

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. covers 2,405 participants in New York, 3.0x the typical New York plan (state average ~798 per filing). Assets: $41M.

$41M
total plan assets (2024 EOY)
2,405
covered participants
82nd
percentile by assets (of 123,622 plans)
$17,116
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. end-of-year assets rose from $37M in the plan year 2023 filing to $41M in the plan year 2024 filing.
  • 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. reported net income fell from $4M in the plan year 2023 filing to $4M in the plan year 2024 filing.
  • 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. reported participants rose from 2,350 in the plan year 2023 filing to 2,405 in the plan year 2024 filing.

See the national 2023→2024 release diff →

State
Industry

Participants vs New York filers

In New York, the average filing covers about 798 participants across 9,061 plans. 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. reports 2,405 participants - 3.0x that state average ($41M EOY assets).

New York filing particulars

Total Assets (Beginning of Year)$37M
Net Assets (End of Year)$41M
Net Income$4M
Employer EIN112542430
Plan Effective Date1989-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Welllife Network Inc.)

$20M$40M$60M$80M$100M 202220232024 $41.1M $79.5M ▲ +93.6%
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 3 4,905 $80M

Nearby 401(k) Plans in New York

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

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. vs. nearby 401(k) plans in New York, assets vs. participants

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. vs. nearby 401(k) plans in New York, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants 401(k) Profit Sharin…IBM 401(k) PlanMorgan Stanley 401(k…Pfizer Savings PlanThe Pepsico Savings …The Goldman Sachs 40…
401(k) Profit Sharing Plan for Employees of Welllife Network Inc. vs. nearby 401(k) plans in New York, assets vs. participants

Similar-Sized 401(k) Plans Nationally

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

Frequently Asked Questions

How did 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. assets move in 2024?
401(k) Profit Sharing Plan for Employees of Welllife Network Inc. grew at a solid clip - up 11.1% during 2024, from $37M to $41M. Reported net income was $4M.
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 Employees of Welllife Network Inc. rank by assets among Form 5500 filers?
401(k) Profit Sharing Plan for Employees of Welllife Network Inc. ranks in the 82nd 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 401(k) plans are similar in size to 401(k) Profit Sharing Plan for Employees of Welllife Network Inc.?
Among 401(k) plans in other states, the closest by assets is Kapnick and Company, Inc. Profit Sharing and Thrift Savings Plan and Trust in MI ($41M, 192 participants).

Next read for 401(k) Profit Sharing Plan for Employees…

Filing takeaways

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

  • By total assets, 401(k) Profit Sharing Plan for 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 401(k) plans in New York. Compare plans
  • Welllife Network Inc.'s sponsor-wide assets have grown 93.6% since 2022 across 3 plan years on file. More Other Services plans