2023 Form 5500 filing — Procter & Gamble 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 20250117113934NAL0050780194001) for Procter & Gamble Retiree Welfare Benefits Plan, reported by The Procter & Gamble Company under EIN 31-0411980 and plan number 557. It reports 19,664 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250117113934NAL0050780194001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Procter & Gamble Company
- EIN
- 31-0411980
- Plan number
- 557
- Location
- Cincinnati, OH
- Participants
- 19,664
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,290,768
- Total liabilities (EOY)
- $2,639,745
- Net assets (EOY)
- $9,651,023
- Employer contributions
- $7,568,800
- Participant contributions
- $48,188,609
- Total income / additions
- $161,333,062
- Benefits paid
- $176,309,607
- Administrative expenses
- $4,629,752
- Total expenses
- $180,939,359
- Net increase / (decrease)
- -$19,606,297
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| United Healthcare Insurance Company | NONE | $2,902,326 | not reported in the loaded dataset |
| Cigna Health & Life Insurance Co. | NONE | $561,195 | $0 |
| Metropolitan Life Insurance Company | NONE | $400,518 | not reported in the loaded dataset |
| Best Doctors | NONE | $111,586 | not reported in the loaded dataset |