3m Voluntary Investment Plan And Employee Stock Ownership Plan — Form 5500 plan (3m Company)

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 Voluntary Investment Plan And Employee Stock Ownership Plan is a benefit plan reported by 3m Company under EIN 41-0417775 and plan number 333. The latest loaded filing year is 2023. The filing reports 55,591 participants and $12,046,615,880 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
3m Company
EIN
41-0417775
Plan number
333
Plan type
2
Location
St. Paul, MN
Latest filing year
2023
Participants
55,591
End-of-year plan assets
$12,046,615,880

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202355,591H, C20241014163248NAL0027868097001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$12,046,615,880
Total liabilities (EOY)
$2,454,589
Net assets (EOY)
$12,044,161,291
Net assets (BOY)
$11,138,527,656

Income & contributions

Employer contributions
$220,001,972
Participant contributions
$352,321,538
Total contributions
$607,418,509
Total income / additions
$2,279,760,236

Expenses & distributions

Benefits paid
$1,365,283,097
Administrative expenses
$6,208,603
Total expenses
$1,373,987,096
Net increase / (decrease)
$905,773,140

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Great West Trust Company (Empower)NONE$1,644,593not reported in the loaded dataset2023
Blackrock Institutional Trust CoNONE$1,437,600$02023
Pgim, Inc.NONE$788,076not reported in the loaded dataset2023
Doubleline Capital LpNONE$777,279$02023
Pacific Investment Management CoNONE$537,809$02023
State Street Bank And TrustNONE$429,068not reported in the loaded dataset2023
The Bank Of New York MellonNONE$266,106$02023
3m CompanyPLAN SPONSOR$252,700$6502023
Newport Trust CompanyNONE$190,407not reported in the loaded dataset2023
Cliftonlarsonallen LlpNONE$144,025not reported in the loaded dataset2023
Nepc, LLCNONE$119,781not reported in the loaded dataset2023
Hr Advantage IncNONE$66,421not reported in the loaded dataset2023
Plante & Moran, PllcNONE$52,792not reported in the loaded dataset2023
Charles Schwab & Co., Inc.NONE$24,147$12,7982023
Mercer (Us) Inc.NONE$18,797not reported in the loaded dataset2023
Curcio Webb LLCNONE$14,749not reported in the loaded dataset2023
Tempo Holding Company, LLCNONE$11,145not reported in the loaded dataset2023
Backstop Solutions Group, LLCNONE$10,457not reported in the loaded dataset2023
Seyfarth Shaw LlpNONE$8,655not reported in the loaded dataset2023
Factset Research Systems Inc.NONE$6,533not reported in the loaded dataset2023
Bloomberg FinanceNONE$5,517not reported in the loaded dataset2023
Deloitte Consulting LlpNONE$5,405not reported in the loaded dataset2023

Related Form 5500 pages