401k Record

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WEX 401(k)

Recordkeeping fees per participant · WEX Inc. Employee Savings Plan · plan year 2024

$52.70

Higher than 54% of the 1,697 plans $250M to 1B that report it.

Source

= $245,947 / 4,667
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081354NAL0001104627001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081354NAL0001104627001, received 2025-10-14

10th: $11.56median $49.9890th: $89.63

Percentiles compare this plan with the Schedule H plans $250M to 1B in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-10-14.

Cost and contributions

Administrative expenses excluding investment management, per participant

$57.40

10th: $18.52median $67.2190th: $147.71

Higher than 40% of the 2,324 plans $250M to 1B that report it.

Source

= $267,876 / 4,667
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081354NAL0001104627001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081354NAL0001104627001, received 2025-10-14

Administrative expenses per participant

$57.40

10th: $27.95median $88.2590th: $203.68

Higher than 26% of the 2,405 plans $250M to 1B that report it.

Source

= $267,876 / 4,667
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081354NAL0001104627001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081354NAL0001104627001, received 2025-10-14

Administrative expenses as a share of assets

0.051%

10th: 0.018%median 0.073%90th: 0.183%

Higher than 34% of the 2,407 plans $250M to 1B that report it.

Source

= $267,876 / $521,700,153
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081354NAL0001104627001, received 2025-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081354NAL0001104627001, received 2025-10-14

Employer contributions per participant

$4,581

10th: $1,169median $3,07390th: $8,346

Higher than 69% of the 2,457 plans $250M to 1B that report it.

Source

= $21,380,871 / 4,667
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081354NAL0001104627001, received 2025-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081354NAL0001104627001, received 2025-10-14

Employer share of total contributions

33.0%

10th: 17.5%median 31.1%90th: 48.7%

Higher than 57% of the 2,459 plans $250M to 1B that report it.

Source

= $21,380,871 / $64,699,799
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081354NAL0001104627001, received 2025-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081354NAL0001104627001, received 2025-10-14

Plan terms, as stated in WEX Inc.'s SEC filings

Employer match

“The Company matches 100 percent of each employee’s contributions up to a maximum of 6 percent of each employee’s eligible compensation.”

Form 10-K filed 2026-02-13, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Vesting

“All contributions vest immediately.”

Form 10-K filed 2026-02-13, for the year ended 2025-12-31 · benefits note, 10-K benefits note · source document

Terms quoted from the filing for the year ended 2025-12-31. Figures cover plan year 2024. The plan document governs.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251014081354NAL0001104627001, received 2025-10-14

Full record, WEX Inc. Employee Savings Plan

FieldValueSource
Plan sponsorWEX INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251014081354NAL0001104627001, received 2025-10-14
Plan nameWEX INC. EMPLOYEE SAVINGS PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251014081354NAL0001104627001, received 2025-10-14
Sponsor EIN / plan number01-0526993 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251014081354NAL0001104627001, received 2025-10-14
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251014081354NAL0001104627001, received 2025-10-14
Sponsor locationPORTLAND, MEForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251014081354NAL0001104627001, received 2025-10-14
Industry (business code)518210, InformationForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251014081354NAL0001104627001, received 2025-10-14
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251014081354NAL0001104627001, received 2025-10-14
Filing received2025-10-14Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251014081354NAL0001104627001, received 2025-10-14
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251014081354NAL0001104627001, received 2025-10-14
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251014081354NAL0001104627001, received 2025-10-14
Participants, beginning of year6,331Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251014081354NAL0001104627001, received 2025-10-14
Active participants5,083Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251014081354NAL0001104627001, received 2025-10-14
Participants, end of year5,901Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251014081354NAL0001104627001, received 2025-10-14
Participants with an account balance4,667Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251014081354NAL0001104627001, received 2025-10-14
Total assets, beginning of year$434,962,299Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251014081354NAL0001104627001, received 2025-10-14
Total assets, end of year$521,700,153Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251014081354NAL0001104627001, received 2025-10-14
Net assets, end of year$521,700,153Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251014081354NAL0001104627001, received 2025-10-14
Total income$127,035,253Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251014081354NAL0001104627001, received 2025-10-14
Net income$86,737,854Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251014081354NAL0001104627001, received 2025-10-14
Employer contributions$21,380,871Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251014081354NAL0001104627001, received 2025-10-14
Participant contributions$34,916,101Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251014081354NAL0001104627001, received 2025-10-14
Other contributions (incl. rollovers)$8,402,827Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251014081354NAL0001104627001, received 2025-10-14
Total contributions$64,699,799Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251014081354NAL0001104627001, received 2025-10-14
Benefit payments$40,013,904Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251014081354NAL0001104627001, received 2025-10-14
Total expenses (incl. benefit payments)$40,297,399Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251014081354NAL0001104627001, received 2025-10-14
Total administrative expenses$267,876Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251014081354NAL0001104627001, received 2025-10-14
Recordkeeping fees$245,947Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251014081354NAL0001104627001, received 2025-10-14
IQPA audit fees$21,929Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251014081354NAL0001104627001, received 2025-10-14
Administrative expenses excluding investment management$267,876derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251014081354NAL0001104627001, received 2025-10-14
Held in common/collective trusts$231,423,589Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251014081354NAL0001104627001, received 2025-10-14
Held in mutual funds$284,308,090Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251014081354NAL0001104627001, received 2025-10-14
Independent auditorCARON & BLETZER, PLLCSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251014081354NAL0001104627001, received 2025-10-14

Position = column in the DOL layout for form year 2024. Filing 20251014081354NAL0001104627001, received 2025-10-14.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
MERRILL LYNCH, PIERCE, FENNER AND SrecordkeeperRECORDKEEPER 15 Recordkeeping and information management; 52 Investment management fees paid indirectly by plan; 62 Float revenue; 72 Other investment fees and expenses $245,947yes
VERRILL DANA LLPOTHER 70 Consulting fees $21,930no

Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20251014081354NAL0001104627001, received 2025-10-14.

What changed since the 2023 plan year

Figure20232024Change
Total assets$434,962,299$521,700,15319.9%
Participants with a balance4,5834,6671.8%
Administrative expenses$243,117$267,87610.2%
Recordkeeping fees per participant$52.76$52.70-0.1%
Employer contributions$18,226,464$21,380,87117.3%

Prior filing 20241011093333NAL0021598321001, received 2024-10-11; the plan years are contiguous.

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Sponsor name as filed: WEX INC.; SEC registrant: WEX Inc. (CIK 1309108, matched by EIN; display name from the Form 10-K cover).