Wellmark, Inc. 401(k) Plan: Login, Facts & Contact Information

Wellmark, Inc. 401(k) Plan Facts

Plan name
WELLMARK, INC. SAVINGS AND INVESTMENT PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WELLMARK, INC.
Participants
2,339 (1,930 active employees)
Former employees with a balance
379
Plan assets
$467,942,435 at Dec 31, 2024
Average account balance
$203,012 across 2,305 accounts
Employer contributions
$10,684,856 in plan year 2024 (30% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Jan 1, 1985
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2024 (Jan 1, 2024 – Dec 31, 2024), filed Sep 11, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $36.2 million went into the plan in contributions, $10.7 million of it from the employer (30%).
  • $41.7 million was paid out to participants.
  • Investment and other income added $63.5 million.
  • Administrative expenses were $211,649, about $92 per account.

How the Wellmark, Inc. 401(k) changed, 20192024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20192,302$311.9 million$6.31 million$21.1 million
20202,283$370.0 million$6.46 million$27.2 million
20212,211$405.9 million$6.66 million$47.7 million
20222,260$332.8 million$8.39 million$34.1 million
20232,266$410.2 million$9.38 million$23.7 million
20242,339$467.9 million$10.7 million$41.7 million

Wellmark, Inc. 401(k) Contact Information

Phone
515-376-4500
Mailing address
1331 GRAND AVENUE, DES MOINES IA 503092901
Plan sponsor
WELLMARK, INC.
Employer identification number (EIN)
42-0318333
Plan number
002

Questions about the Wellmark, Inc. 401(k)

Does Wellmark, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $10.7 million, 30% of all contributions.

Does the Wellmark, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Wellmark, Inc 401(k) plan?

2,339 participants at the start of plan year 2024, 1,930 of them active employees, and 379 former employees who still had money in the plan.

What is the average 401(k) balance at Wellmark, Inc?

About $203,012 per account: $467.9 million in plan assets across 2,305 accounts with a balance at the end of plan year 2024.

Who manages the Wellmark, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Wellmark, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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