Plan5500

3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan — Form 5500 plan (3m Employees Benefits Trust Association)

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, 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan is a benefit plan reported by 3m Employees Benefits Trust Association under EIN 41-1414203 and plan number 545. The latest loaded filing year is 2023. The filing reports 22,104 participants and $5,646,120 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$4.4MPlan net assets, end of year$4,396,777
Participants22.1KCovered participants reported22,104
Assets / participant$255Computed: assets ÷ participants$255 (computed)
Provider compensation$95.5K2 Schedule C provider row(s)$95,548
Plan sponsor
3m Employees Benefits Trust Association
EIN
41-1414203
Plan number
545
Plan type
2
Location
St. Paul, MN
Latest filing year
2023
How to read this plan profile
  • Net assets = total assets minus total liabilities, end of year (Schedule H/I).
  • Assets / participant is computed (assets ÷ reported participants) — a ratio, not a filed figure.
  • Schedule chips (Sch H / I / C) show which schedules each filing includes.
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • Figures are reported as filed, in whole dollars; verify against the official DOL/EBSA record before relying on them.
EFAST2 filings

Form 5500 filing history

Each loaded annual filing for this plan. Open one for its full reported snapshot.

  1. 2023
    22,104 participants · 2Sch HSch C
    View filing →
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$5.6M total assets
Net assets$4.4MLiabilities$1.2M
Money in vs. money out
Total income / additions$14.2M
Total expenses$14M
Benefits paid / distributions$13.9M
Contributions
EmployerNot reported
Participant$13.9M
Full reported line items

Net assets

Total assets (EOY)
$5,646,120
Total liabilities (EOY)
$1,249,343
Net assets (EOY)
$4,396,777
Net assets (BOY)
$4,211,070

Income & contributions

Participant contributions
$13,914,203
Total contributions
$13,914,203
Total income / additions
$14,184,503

Expenses & distributions

Benefits paid
$13,901,999
Administrative expenses
$96,797
Total expenses
$13,998,796
Net increase / (decrease)
$185,707
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Total expenses ÷ net assets318%Computed ratio
Benefits paid ÷ total income98%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Schedule C

Service provider compensation

Reported direct + indirect compensation per provider, ranked. Bars show relative scale.

  1. 1
    Willis Towers Watson Us LLC$80.4K
    NONE · Direct $80.4K
  2. 2
    Cliftonlarsonallen Llp$15.1K
    NONE · Direct $15.1K

What to inspect next

Frequently asked questions

Who sponsors the 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan?
3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan is reported as sponsored by 3m Employees Benefits Trust Association (EIN 41-1414203, plan number 545) in public Form 5500 filings.
What is the most recent Form 5500 filing year for 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan?
The latest Form 5500 filing year loaded for 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan is 2023.
How many participants does 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan report?
3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan reports 22,104 participants in its latest loaded Form 5500 filing.
What are the reported plan assets for 3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan?
3m Employees Family Monthly Income Benefit And Optional Life Insurance Plan reports $5,646,120 in end-of-year plan assets in its latest loaded Form 5500 filing.
Form 5500 terms, in plain English
Form 5500
The annual report most U.S. employee benefit plans file with the Department of Labor through the EFAST2 system. It documents the plan sponsor, participants, finances, and service-provider compensation.
Schedule H
The financial statement for larger plans (generally 100+ participants): assets, liabilities, net assets, income, expenses, and the net change.
Schedule I
The condensed financial statement for smaller plans, covering the same kinds of figures in less detail.
Schedule C
Reports compensation paid to the plan’s service providers — both direct and indirect.
Net assets
Total assets minus total liabilities at the end of the year — what the plan holds for participants.
Employer / participant contributions
Money contributed to the plan by the employer and by participants during the year.

Figures are reported as filed and may contain errors or omissions. Verify against the official DOL/EBSA record before relying on any value.

Related Form 5500 pages