The Prudential Welfare Benefits Plan — Form 5500 plan (The Prudential Insurance Company Of America)
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, The Prudential Welfare Benefits Plan is a benefit plan reported by The Prudential Insurance Company Of America under EIN 22-1211670 and plan number 501. The latest loaded filing year is 2023. The filing reports 35,945 participants and $128,562,167 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- The Prudential Insurance Company Of America
- EIN
- 22-1211670
- Plan number
- 501
- Plan type
- 2
- Location
- Newark, NJ
- Latest filing year
- 2023
- Participants
- 35,945
- End-of-year plan assets
- $128,562,167
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 35,945 | H, C | 20241011123627NAL0021865409001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $128,562,167
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $128,562,167
- Net assets (BOY)
- $133,309,248
Income & contributions
- Employer contributions
- $227,732,589
- Participant contributions
- $85,215,827
- Total contributions
- $312,948,416
- Total income / additions
- $326,237,061
Expenses & distributions
- Benefits paid
- $318,808,042
- Administrative expenses
- $12,176,100
- Total expenses
- $330,984,142
- Net increase / (decrease)
- -$4,747,081
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Webtpa | NONE | $8,999,459 | not reported in the loaded dataset | 2023 |
| Optumrx | NONE | $1,932,051 | not reported in the loaded dataset | 2023 |
| Connecticut General Life Ins Co | NONE | $287,578 | $0 | 2023 |
| Prudential Trust Company | TRUSTEE/ AFFILIATE | $100,584 | $0 | 2023 |
| Prudential Trust Company | TRUSTEE/ AFFILIATE | $32,258 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for The Prudential Insurance Company Of America
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Newark, NJ
- Webtpa — Schedule C compensation
- Optumrx — Schedule C compensation
- Connecticut General Life Ins Co — Schedule C compensation
- Prudential Trust Company — Schedule C compensation