Highmark Retiree Welfare Benefits Plan — Form 5500 plan (Highmark Inc.)
Plain-English plan 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, Highmark Retiree Welfare Benefits Plan is a benefit plan reported by Highmark Inc. under EIN 23-1294723 and plan number 516. The latest loaded filing year is 2023. The filing reports 5,882 participants and $266,333,932 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Highmark Inc.
- EIN
- 23-1294723
- Plan number
- 516
- Plan type
- 2
- Location
- Pittsburgh, PA
- Latest filing year
- 2023
- Participants
- 5,882
- End-of-year plan assets
- $266,333,932
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 5,882 | H, C | 20241010105217NAL0009927187001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $266,333,932
- Total liabilities (EOY)
- $290,909
- Net assets (EOY)
- $266,043,023
- Net assets (BOY)
- $260,577,171
Income & contributions
- Employer contributions
- $1,918,689
- Participant contributions
- $4,104,455
- Total contributions
- $6,023,144
- Total income / additions
- $36,968,201
Expenses & distributions
- Benefits paid
- $27,145,706
- Administrative expenses
- $4,356,643
- Total expenses
- $31,502,349
- Net increase / (decrease)
- $5,465,852
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Highmark Inc. | PLAN SPONSOR | $1,357,907 | $198,840 | 2023 |
| Diamond Hill | NONE | $263,101 | $0 | 2023 |
| Mercer Trust Co. | NONE | $225,200 | $0 | 2023 |
| United Concordia Companies, Inc. | SUBSIDIARY OF PLAN | $112,657 | $0 | 2023 |
| Bny Mellon Bank | NONE | $108,986 | $0 | 2023 |
| Barrow Hanley | NONE | $99,773 | $0 | 2023 |
| Shenkman | NONE | $59,811 | $0 | 2023 |
| Reed Smith | NONE | $50,338 | $0 | 2023 |
| Baker Tilly Us, Llp | NONE | $27,880 | $0 | 2023 |
| Nepc, LLC | NONE | $13,553 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Highmark Inc.
- 2023 Form 5500 filing
- Form 5500 filings in PA
- 401(k) and benefit plan filings in Pittsburgh, PA
- Highmark Inc. — Schedule C compensation
- Diamond Hill — Schedule C compensation
- Mercer Trust Co. — Schedule C compensation
- United Concordia Companies, Inc. — Schedule C compensation
- Bny Mellon Bank — Schedule C compensation
- Barrow Hanley — Schedule C compensation
- Shenkman — Schedule C compensation
- Reed Smith — Schedule C compensation
- Baker Tilly Us, Llp — Schedule C compensation
- Nepc, LLC — Schedule C compensation