2023 Form 5500 filing — Northwestern Mutual Health Care Benefits Plan For Retirees
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241009155348NAL0009375059001) for Northwestern Mutual Health Care Benefits Plan For Retirees, reported by Northwestern Mutual Life Ins.Co. under EIN 39-0509570 and plan number 516. It reports 2,340 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241009155348NAL0009375059001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Northwestern Mutual Life Ins.Co.
- EIN
- 39-0509570
- Plan number
- 516
- Location
- Milwaukee, WI
- Participants
- 2,340
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $69,788,121
- Total liabilities (EOY)
- $3,966,683
- Net assets (EOY)
- $65,821,438
- Employer contributions
- $2,856,121
- Participant contributions
- $2,863,839
- Total income / additions
- $10,313,679
- Benefits paid
- $17,261,537
- Administrative expenses
- $761,595
- Total expenses
- $18,023,132
- Net increase / (decrease)
- -$7,709,453
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Umr, Inc. | CLAIMS PROCESSOR | $219,791 | not reported in the loaded dataset |
| Quantum Health | NONE | $159,283 | not reported in the loaded dataset |
| Nm Investment Mgmt Co | SUB OF SPONSOR; INV MGR | $106,918 | not reported in the loaded dataset |
| Health Strategies Group | NONE | $75,000 | not reported in the loaded dataset |
| Cvs Caremark | NONE | $52,048 | not reported in the loaded dataset |
| Benefitfocus | NONE | $42,012 | not reported in the loaded dataset |
| Delta Dental Of Wisconsin | THIRD PARTY ADMIN | $17,874 | not reported in the loaded dataset |
| Benefit Concepts Cobra Admin | NONE | $2,503 | not reported in the loaded dataset |
| Wageworks Hra Admin | NONE | $156 | not reported in the loaded dataset |
| Alight | CLAIMS ADMINISTRATOR | $0 | $0 |