401(k) · DOL Form 5500 · 2024

Welllife Network Inc. 401(k) Plan

Data updated 2026-08-25

$41M
Total assets Below avg plan size
2,405
Participants Above avg headcount
82nd
Percentile by assets National rank
$17,116
Avg per participant Low balance/head
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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.

  • #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.

#7,054
in Other Services (7,719 peers)
+11.1%
assets growth YoY
0.4×
vs typical plan assets (national mean)

401(k) Profit Sharing Plan for Employees of Welllife Network Inc.'s outsized position by total assets

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. vs every filed plan by assets

End-of-year total assets · plan year 2024 · DOL Form 5500

$41,163,834 Top 18% higher than 82% of 123,620 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 2024

401(k) Profit Sharing Plan for Employees of Welllife Network 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. 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. lands in the large band (2,405 participants).

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 →

EBSA filing schedule strip

Filing strip 112542430 · Welllife Network Inc. PY 2024 · 401(k)

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. · $41M · 2,405 · 82nd

  • BOY $41M
  • SCH 2,405
  • EBSA 82nd
  • PART 401(k)
  • TYPE near Kapnick and Company, Inc. Profit Sharing and Thrift Savings Plan and Trust
  • NET ind #7054

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 Other Services retirement plans → · Plans in New York →

401(k) Profit Sharing Plan for Employees of Welllife Network Inc. in the asset neighbourhood

Costa Farms, LLC 401(k) Plan$41MJazz Basketball Investors LLC 401(k) PlanJazz Basketball Investors LL…$41MMars Hill University Defined Contribution Retirement PlanMars Hill University Defined…$41M401(k) Profit Sharing Plan for Employees of Welllife Network Inc.401(k) Profit Sharing Plan f…$41MKapnick and Company, Inc. Profit Sharing and Thrift Savings Plan and TrustKapnick and Company, Inc. Pr…$41M
End-of-year total assets ($M) among 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

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.)

Sponsor-wide plan assets over time

All Welllife Network Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$80M 93.6355451460713% vs 2022
2024 filing year
$20M$40M$60M$80M$100M 202220232024 $41.1M $79.5M ▲ +93.6%
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 Scatter plot of 6 data points. -50000050000100000150000 -20020406080 Total assets ($B) Participants 401(k) Profit Sharing Plan for Employees of Welllife Network Inc., Total assets ($B): 0.041163834 · Participants: 2405401(k) Profit Sharing Plan for Employees of Welllife Network Inc.IBM 401(k) Plan, Total assets ($B): 60.39355615 · Participants: 52674IBM 401(k) PlanMorgan Stanley 401(k) Plan, Total assets ($B): 22.180692974 · Participants: 53860Morgan Stanley 401(k) PlanPfizer Savings Plan, Total assets ($B): 21.9871528 · Participants: 33309Pfizer Savings PlanThe Pepsico Savings Plan, Total assets ($B): 14.9369507 · Participants: 137398The Pepsico Savings PlanThe Goldman Sachs 401(k) Plan, Total assets ($B): 12.807939404 · Participants: 23227The Goldman Sachs 401(k) Plan
401(k) Profit Sharing Plan for Employees of Welllife Network Inc. vs. nearby 401(k) plans in New York, assets vs. participants
Compare 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. side-by-side with 3 peers →

401(k) Profit Sharing Plan for Employees of Welllife Network Inc.'s out-of-state 401(k) peers by assets and headcount

Outside New York, the nearest 401(k) by assets is Kapnick and Company, Inc. Profit Sharing and Thrift Savings Plan and Trust in MI ($41M); by covered participants it is Cortland Holdings, LLC 401(k) Plan in GA (2,404 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (2,405 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

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).
Which 401(k) plans cover a similar participant headcount to 401(k) Profit Sharing Plan for Employees of Welllife Network Inc.? ▼
Among 401(k) plans in other states, the closest by covered participants is Cortland Holdings, LLC 401(k) Plan in GA (2,404 participants, $57M in assets).

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.