2023 Form 5500 filing — Highmark Retiree Welfare Benefits Plan
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 20241010105217NAL0009927187001) for Highmark Retiree Welfare Benefits Plan, reported by Highmark Inc. under EIN 23-1294723 and plan number 516. It reports 5,882 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010105217NAL0009927187001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Highmark Inc.
- EIN
- 23-1294723
- Plan number
- 516
- Location
- Pittsburgh, PA
- Participants
- 5,882
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $266,333,932
- Total liabilities (EOY)
- $290,909
- Net assets (EOY)
- $266,043,023
- Employer contributions
- $1,918,689
- Participant contributions
- $4,104,455
- Total income / additions
- $36,968,201
- Benefits paid
- $27,145,706
- Administrative expenses
- $4,356,643
- Total expenses
- $31,502,349
- Net increase / (decrease)
- $5,465,852
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Highmark Inc. | PLAN SPONSOR | $1,357,907 | $198,840 |
| Diamond Hill | NONE | $263,101 | $0 |
| Mercer Trust Co. | NONE | $225,200 | $0 |
| United Concordia Companies, Inc. | SUBSIDIARY OF PLAN | $112,657 | $0 |
| Bny Mellon Bank | NONE | $108,986 | $0 |
| Barrow Hanley | NONE | $99,773 | $0 |
| Shenkman | NONE | $59,811 | $0 |
| Reed Smith | NONE | $50,338 | $0 |
| Baker Tilly Us, Llp | NONE | $27,880 | $0 |
| Nepc, LLC | NONE | $13,553 | $0 |