Defined Benefit (Pension) · DOL Form 5500 · 2024

Wellmont Health System Pension Plan

Data updated 2026-08-25

$40M
Total assets Below avg plan size
192
Participants Below avg headcount
81st
Percentile by assets National rank
$206,890
Avg per participant Above avg balance/head
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Official DOL plan name: Wellmont Health System Defined Benefit Plan · Sponsored by Wellmont Health System · Tennessee · Healthcare & Social Assistance

$40M in assets, 192 participants

Wellmont Health System's Wellmont Health System Defined Benefit Plan reported $40M in total assets and 192 participants in its 2024 DOL Form 5500 filing, ranking in the 81st 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.

  • #14,211 in Healthcare & Social Assistance (16,916 peers)

Coverage in Tennessee

Wellmont Health System Defined Benefit Plan covers 192 participants in Tennessee, about 17% of the average Tennessee filer (state average ~1,126 per filing). Assets: $40M.

#14,211
in Healthcare & Social Assistance (16,916 peers)
-0.5%
assets change YoY
0.4×
vs typical plan assets (national mean)

The plan reported a net loss of $214K for the year, a single-year figure driven by markets and benefit payments, not a measure of plan health.

Wellmont Health System Defined Benefit Plan's outsized position by total assets

Wellmont Health System Defined Benefit Plan vs every filed plan by assets

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

$39,722,830 Top 19% higher than 81% 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

Wellmont Health System Defined Benefit Plan among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Wellmont Health System Defined Benefit Plan sits mid-pack in the medium band (192 participants).

What changed between DOL Form 5500 filings

plan year 2023 → plan year 2024

  • Wellmont Health System Defined Benefit Plan reported net income rose from -$1M in the plan year 2023 filing to -$214K in the plan year 2024 filing.
  • Wellmont Health System Defined Benefit Plan reported participants fell from 205 in the plan year 2023 filing to 192 in the plan year 2024 filing.
  • Wellmont Health System Defined Benefit Plan end-of-year assets fell from $40M in the plan year 2023 filing to $40M in the plan year 2024 filing.

See the national 2023→2024 release diff →

DOL schedule card

Filing strip 621636465 · Wellmont Health System PY 2024 · Defined Benefit (Pension)

Wellmont Health System Defined Benefit Plan · $40M · 192 · 81st

  • VS-ST $40M
  • BOY 192
  • SCH 81st
  • EBSA Defined Benefit (Pension)
  • PART near The Restated Noncontributory Retirement Plan for Cooperatives
  • TYPE ind #14211

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 Tennessee →

Wellmont Health System Defined Benefit Plan in the asset neighbourhood

Wellmont Health System Defined Benefit PlanWellmont Health System Defin…$40MThe Restated Noncontributory Retirement Plan for CooperativesThe Restated Noncontributory…$40MRoofers Local No. 241 Pension FundRoofers Local No. 241 Pensio…$40MBelco Community Credit Union Cash Balance Defined Benefit Plan and TrustBelco Community Credit Union…$40MSchulte Roth & Zabel LLP Partners' Cash Balance PlanSchulte Roth & Zabel LLP Par…$40M
End-of-year total assets ($M) among Wellmont Health System Defined Benefit Plan and nearest nationwide Defined Benefit (Pension) peers. Source: DOL Form 5500 plan year 2024.

Tennessee filing particulars

Total Assets (Beginning of Year)$40M
Net Assets (End of Year)$40M
Net Income-$214K
Employer EIN621636465
Plan Effective Date1982-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Wellmont Health System)

Sponsor-wide plan assets over time

All Wellmont Health System plans reported in each filing year

Latest sponsor-wide plan assets
$40M 4.042642807807918% vs 2022
2024 filing year
$39M$40M$41M$42M 202220232024 $41.4M $39.7M ▼ -4.1%
Year Plans Participants Total Assets
2022 1 228 $41M
2023 1 205 $40M
2024 1 192 $40M

Nearby Defined Benefit (Pension) Plans in Tennessee

Peer Defined Benefit (Pension) plans, same state, same plan type, ranked by total assets.

Wellmont Health System Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants Scatter plot of 6 data points. -50000050000100000150000 -100102030 Total assets ($B) Participants Wellmont Health System Defined Benefit Plan, Total assets ($B): 0.03972283 · Participants: 192Wellmont Health System Defined Benefit PlanFedex Corporation Employees' Pension Plan, Total assets ($B): 26.858555454 · Participants: 125941Fedex Corporation Employees' Pension PlanRetirement Plan of International Paper Company, Total assets ($B): 8.18942151 · Participants: 20795Retirement Plan of International Paper CompanyPace Industry Union-Management Pension Fund, Total assets ($B): 2.839667916 · Participants: 3134Pace Industry Union-Management Pension FundPension Plan for Employees at Ornl, Total assets ($B): 2.400126032 · Participants: 6357Pension Plan for Employees at OrnlRetirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee, Total assets ($B): 1.97251328 · Participants: 2516Retirement Program Plan for Employees of Consolidated Nuclear Security, LLC at the U.S. Department of Energy at Oak Ridge, Tennessee
Wellmont Health System Defined Benefit Plan vs. nearby Defined Benefit (Pension) plans in Tennessee, assets vs. participants

Wellmont Health System Defined Benefit Plan's out-of-state Defined Benefit (Pension) peers by assets and headcount

Outside Tennessee, the nearest Defined Benefit (Pension) by assets is The Restated Noncontributory Retirement Plan for Cooperatives in IA ($40M); by covered participants it is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (192 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 Wellmont Health System Defined Benefit Plan assets move in 2024?
Wellmont Health System Defined Benefit Plan held essentially flat - down 0.5% during 2024, from $40M to $40M. Reported net income was -$214K.
How have Wellmont Health System plan assets changed over time?
Across 3 plan years on file (2022-2024), Wellmont Health System's sponsor-wide assets declined 4.0%, from $41M to $40M.
Where does Wellmont Health System Defined Benefit Plan rank by assets among Form 5500 filers?
Wellmont Health System Defined Benefit Plan ranks in the 81st 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 Defined Benefit (Pension) plans are similar in size to Wellmont Health System Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by assets is The Restated Noncontributory Retirement Plan for Cooperatives in IA ($40M, 139 participants).
Which Defined Benefit (Pension) plans cover a similar participant headcount to Wellmont Health System Defined Benefit Plan?
Among Defined Benefit (Pension) plans in other states, the closest by covered participants is Horne Brothers Construction, Inc. Cash Balance Pension Plan in NC (192 participants, $5M in assets).