2023 Form 5500 filing — The Prudential 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 20241011123627NAL0021865409001) for The Prudential Welfare Benefits Plan, reported by The Prudential Insurance Company Of America under EIN 22-1211670 and plan number 501. It reports 35,945 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011123627NAL0021865409001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Prudential Insurance Company Of America
- EIN
- 22-1211670
- Plan number
- 501
- Location
- Newark, NJ
- Participants
- 35,945
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $128,562,167
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $128,562,167
- Employer contributions
- $227,732,589
- Participant contributions
- $85,215,827
- Total income / additions
- $326,237,061
- Benefits paid
- $318,808,042
- Administrative expenses
- $12,176,100
- Total expenses
- $330,984,142
- Net increase / (decrease)
- -$4,747,081
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Webtpa | NONE | $8,999,459 | not reported in the loaded dataset |
| Optumrx | NONE | $1,932,051 | not reported in the loaded dataset |
| Connecticut General Life Ins Co | NONE | $287,578 | $0 |
| Prudential Trust Company | TRUSTEE/ AFFILIATE | $100,584 | $0 |
| Prudential Trust Company | TRUSTEE/ AFFILIATE | $32,258 | $0 |