Plan Ledger DOL Form 5500 · updated monthly

Wellpoint Care Network403(b)

WELLPOINT CARE NETWORK 403(B) RETIREMENT PLAN · MILWAUKEE, WI · plan year 2024

Reported admin expense ratio · 2024
0.40%

Peer grade: B · admin costs + employer contributions vs same-size plans · how grading works

Wellpoint Care Network reported $105,632 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,286 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.36% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 691st-largest of 1,936 plans among Wisconsin employers on file, and the 3,003rd of 11,911 in health care & social assistance. In 2024, employees put in $1.35 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$26,936,984
Participants with balances534
Active participants324
Employer contributions$1,064,538
Employee contributions$1,439,910
Employer contribution per active participant$3,286
Average account balance$50,444
Benefits paid to participants$3,920,387
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$26.9M · 534 accts · $1.1M emplr
2023$25.3M · 544 accts · $964K emplr
2022$23.0M · 498 accts · $810K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$105,632
Total administrative$105,632
Employer contributions to the Wellpoint Care Network plan · 2024
Employer contribution per active participant$3,286
Median for plans this size$2,416
2024$3,286 per active participant
2023$2,879 per active participant
2022$2,656 per active participant

Wellpoint Care Network's 2024 employer contribution ran above the $2,416 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$105,632 · 0.40%
2023$96,136 · 0.40%
2022$91,178 · 0.36%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin

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Source: U.S. Department of Labor, Form 5500 series, EIN 391338354 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.