The Northwestern Mutual Employee Flexible Benefit Plan — 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, The Northwestern Mutual Employee Flexible Benefit Plan is a benefit plan reported by Northwestern Mutual Life Ins.Co. under EIN 39-0509570 and plan number 526. The latest loaded filing year is 2023. The filing reports 8,431 participants and $11,745,675 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
526
Plan type
2
Location
Milwaukee, WI
Latest filing year
2023
Participants
8,431
End-of-year plan assets
$11,745,675

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20238,431H, C20251006123447NAL0002057843001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$11,745,675
Total liabilities (EOY)
$9,789,903
Net assets (EOY)
$1,955,772
Net assets (BOY)
$1,816,925

Income & contributions

Employer contributions
$75,974,005
Participant contributions
$28,847,007
Total contributions
$104,821,012
Total income / additions
$105,931,605

Expenses & distributions

Benefits paid
$99,914,511
Administrative expenses
$5,878,247
Total expenses
$105,792,758
Net increase / (decrease)
$138,847

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
UmrCLAIMS PROCESSOR$1,924,096not reported in the loaded dataset2023
Quantum HealthNONE$1,322,315not reported in the loaded dataset2023
Benefitfocus IncNONE$308,089not reported in the loaded dataset2023
Cvs CaremarkNONE$283,276not reported in the loaded dataset2023
TeledocNONE$257,261not reported in the loaded dataset2023
EmpathiaNONE$255,392not reported in the loaded dataset2023
WageworksNONE$131,586not reported in the loaded dataset2023
Delta Dental Of WisconsinTHIRD PARTY ADMIN$130,756not reported in the loaded dataset2023
Health Strategies GroupNONE$75,000not reported in the loaded dataset2023
Benefit Concepts Cobra AdminNONE$32,853not reported in the loaded dataset2023
Nm Investment Mgmt CoSUB OF SPONSOR$14,899not reported in the loaded dataset2023

Related Form 5500 pages