Northwestern Mutual Health Care Benefits Plan For Retirees — Form 5500 plan (Northwestern Mutual Life Ins.Co.)

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, Northwestern Mutual Health Care Benefits Plan For Retirees is a benefit plan reported by Northwestern Mutual Life Ins.Co. under EIN 39-0509570 and plan number 516. The latest loaded filing year is 2023. The filing reports 2,340 participants and $69,788,121 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Northwestern Mutual Life Ins.Co.
EIN
39-0509570
Plan number
516
Plan type
2
Location
Milwaukee, WI
Latest filing year
2023
Participants
2,340
End-of-year plan assets
$69,788,121

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20232,340H, C20241009155348NAL0009375059001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$69,788,121
Total liabilities (EOY)
$3,966,683
Net assets (EOY)
$65,821,438
Net assets (BOY)
$73,530,891

Income & contributions

Employer contributions
$2,856,121
Participant contributions
$2,863,839
Total contributions
$5,719,960
Total income / additions
$10,313,679

Expenses & distributions

Benefits paid
$17,261,537
Administrative expenses
$761,595
Total expenses
$18,023,132
Net increase / (decrease)
-$7,709,453

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Umr, Inc.CLAIMS PROCESSOR$219,791not reported in the loaded dataset2023
Quantum HealthNONE$159,283not reported in the loaded dataset2023
Nm Investment Mgmt CoSUB OF SPONSOR; INV MGR$106,918not reported in the loaded dataset2023
Health Strategies GroupNONE$75,000not reported in the loaded dataset2023
Cvs CaremarkNONE$52,048not reported in the loaded dataset2023
BenefitfocusNONE$42,012not reported in the loaded dataset2023
Delta Dental Of WisconsinTHIRD PARTY ADMIN$17,874not reported in the loaded dataset2023
Benefit Concepts Cobra AdminNONE$2,503not reported in the loaded dataset2023
Wageworks Hra AdminNONE$156not reported in the loaded dataset2023
AlightCLAIMS ADMINISTRATOR$0$02023

Related Form 5500 pages