2023 Form 5500 filing — 3m Retiree Welfare Benefit 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 20241014163129NAL0015299491001) for 3m Retiree Welfare Benefit Plan, reported by 3m Company under EIN 41-0417775 and plan number 522. It reports 40,403 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014163129NAL0015299491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- 3m Company
- EIN
- 41-0417775
- Plan number
- 522
- Location
- St. Paul, MN
- Participants
- 40,403
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $173,301,287
- Total liabilities (EOY)
- $14,035,645
- Net assets (EOY)
- $159,265,642
- Employer contributions
- $5,251,145
- Total income / additions
- $25,544,638
- Benefits paid
- $120,724,462
- Administrative expenses
- $2,507,770
- Total expenses
- $123,232,232
- Net increase / (decrease)
- -$97,687,594
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,706,682 | not reported in the loaded dataset |
| Northern Trust Investments | NONE | $249,458 | $0 |
| Western Asset Management Company | NONE | $114,865 | not reported in the loaded dataset |
| Bank Of New York Mellon | NONE | $98,763 | $0 |
| Cliftonlarsonallen Llp | NONE | $66,890 | not reported in the loaded dataset |
| Kmpg Llp | NONE | $49,336 | not reported in the loaded dataset |
| 3m Company | PLAN SPONSOR | $40,862 | $52 |
| Plante & Moran, Pllc | NONE | $37,260 | not reported in the loaded dataset |
| Nepc, LLC | NONE | $31,300 | not reported in the loaded dataset |
| Steven Douglas Associates LLC | NONE | $31,121 | not reported in the loaded dataset |
| Aon Consulting Inc | NONE | $30,625 | not reported in the loaded dataset |
| Seyfarth Shaw Llp | NONE | $23,911 | not reported in the loaded dataset |
| Hr Advantage Inc | NONE | $19,673 | not reported in the loaded dataset |