2023 Form 5500 filing — Macys, Inc. 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 20250415104912NAL0001386819001) for Macys, Inc. Welfare Benefits Plan, reported by Macy'S, Inc. under EIN 13-3324058 and plan number 941. It reports 86,023 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20250415104912NAL0001386819001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Macy'S, Inc.
- EIN
- 13-3324058
- Plan number
- 941
- Location
- Springdale, OH
- Participants
- 86,023
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $12,081,982
- Total liabilities (EOY)
- $17,510,826
- Net assets (EOY)
- -$5,428,844
- Employer contributions
- $192,209,984
- Participant contributions
- $127,877,211
- Total income / additions
- $320,345,146
- Benefits paid
- $315,246,564
- Administrative expenses
- $3,359,925
- Total expenses
- $318,606,489
- Net increase / (decrease)
- $1,738,657
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cigna | CONTRACT ADMINISTRATOR | $1,510,856 | $0 |
| Alight Solutions | CONSULTING | $676,423 | not reported in the loaded dataset |
| Compsych | CONTRACT ADMINISTRATOR | $613,783 | not reported in the loaded dataset |
| Ernst & Young | ACCOUNTING | $333,589 | not reported in the loaded dataset |
| Webster Bank | CONTRACT ADMINISTRATOR | $158,689 | not reported in the loaded dataset |
| Express Scripts | CONTRACT ADMINISTRATOR | $46,811 | not reported in the loaded dataset |
| Aetna | CONTRACT ADMINISTRATOR | $6,630 | not reported in the loaded dataset |
| Jp Morgan | TRUSTEE | $5,006 | not reported in the loaded dataset |
| Anthem | CONTRACT ADMINISTRATOR | $4,561 | not reported in the loaded dataset |
| United Healthcare Services, Inc. | CONTRACT ADMINISTRATOR | $3,578 | not reported in the loaded dataset |