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

Wex Inc. 401(k) Plan Facts

Plan name
WEX INC. EMPLOYEE SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
WEX INC.
Participants
6,331 (5,083 active employees)
Former employees with a balance
804
Plan assets
$521,700,153 at Dec 31, 2024
Average account balance
$111,785 across 4,667 accounts
Employer contributions
$21,380,871 in plan year 2024 (33% of all contributions)
Recordkeeper
Merrill Lynch, Pierce, Fenner And S
Plan year
Jan 1, 2024 – Dec 31, 2024
Plan established
Feb 23, 2005
✓ 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 Oct 14, 2025. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2024

  • $64.7 million went into the plan in contributions, $21.4 million of it from the employer (33%).
  • $40.0 million was paid out to participants.
  • Investment and other income added $62.3 million.
  • Administrative expenses were $267,876, about $57 per account.

How the Wex Inc. 401(k) changed, 2019–2024

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20193,346$452.3 million$9.61 million$15.3 million
20204,768$322.0 million$13.5 million$22.4 million
20214,916$388.6 million$15.1 million$25.2 million
20225,515$345.5 million$16.8 million$21.2 million
20235,810$435.0 million$18.2 million$32.0 million
20246,331$521.7 million$21.4 million$40.0 million

Wex Inc. 401(k) Contact Information

Phone
207-773-8171
Mailing address
1 HANCOCK ST, PORTLAND ME 04101
Plan sponsor
WEX INC.
Employer identification number (EIN)
01-0526993
Plan number
001

Questions about the Wex Inc. 401(k)

Does Wex Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2024 the employer contributed $21.4 million, 33% of all contributions.

Does the Wex Inc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

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

6,331 participants at the start of plan year 2024, 5,083 of them active employees, and 804 former employees who still had money in the plan.

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

About $111,785 per account: $521.7 million in plan assets across 4,667 accounts with a balance at the end of plan year 2024.

Who manages the Wex Inc 401(k) accounts?

Merrill Benefits OnLine (listed on the filing as MERRILL LYNCH, PIERCE, FENNER AND S) is the plan's recordkeeper, which is where participants log in to see their balance.

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

Your account stays with Merrill Benefits OnLine 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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