Welllife Network 401(k) match, vesting and fees
What Welllife Network's 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mutual of America Investment Corp | Schedule C ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 263 defined-contribution plans in other services with 1,000 to 4,999 participants.
| Welllife Network: employer contribution per participant | $275 | |
| Peer median | $1,431 |
| Welllife Network: average balance | $18,805 | |
| Peer median | $42,646 |
| Welllife Network: admin expenses ÷ assets | 0.05% | |
| Peer median | 0.23% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $28.9M at the end of plan year 2021 to $41.2M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 3,291 | $41.2M | $601K | $275 | 0.05% | Not published | Form 5500 ↗ |
| 2023 | 3,022 | $37M | $538K | $274 | 0.07% | Not published | Form 5500 ↗ |
| 2022 | 2,905 | $32.7M | $407K | $217 | 0.03% | Not published | Form 5500 ↗ |
| 2021 | 2,710 | $28.9M | $417K | $229 | 0.07% | Not published | Form 5500 ↗ |
Other Welllife Network plans (1)
Each plan files its own Form 5500. Figures are from each plan's latest filing.
Tax Deferred Annuity Plan for Employees of Welllife Network Inc.
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Mutual of America Investment Corp | Schedule C ↗ |
| Independent auditor | Bdo USA, P.C. | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
| Late participant contributions | Reported on the filing | Schedule H ↗ |
Common questions
Does Welllife Network match 401(k) contributions?
The match terms for the 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. have not been published from its filing yet. The plan year 2024 filing reports $601K in employer contributions, about $275 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the Welllife Network 401(k) match vested?
The vesting schedule for the 401(k) Profit Sharing Plan for Employees of Welllife Network Inc. is not in the data published so far. Your Summary Plan Description states it.
Who manages the Welllife Network 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Mutual of America Investment Corp. The plan administrator is Welllife Network Inc..
I left Welllife Network. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (Welllife Network Inc., (718) 559-0573) or the recordkeeper, Mutual of America Investment Corp. The Welllife Network old 401(k) page lists the contacts from every plan filing. Find an old Welllife Network 401(k)
Data from the public Form 5500 annual reports Welllife Network filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with Welllife Network. Not financial advice. Report a correction · Methodology