3m Retiree Welfare Benefit 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 Retiree Welfare Benefit Plan is a benefit plan reported by 3m Company under EIN 41-0417775 and plan number 522. The latest loaded filing year is 2023. The filing reports 40,403 participants and $173,301,287 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- 3m Company
- EIN
- 41-0417775
- Plan number
- 522
- Plan type
- 2
- Location
- St. Paul, MN
- Latest filing year
- 2023
- Participants
- 40,403
- End-of-year plan assets
- $173,301,287
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 40,403 | H, C | 20241014163129NAL0015299491001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $173,301,287
- Total liabilities (EOY)
- $14,035,645
- Net assets (EOY)
- $159,265,642
- Net assets (BOY)
- $256,953,236
Income & contributions
- Employer contributions
- $5,251,145
- Total contributions
- $5,251,145
- Total income / additions
- $25,544,638
Expenses & distributions
- Benefits paid
- $120,724,462
- Administrative expenses
- $2,507,770
- Total expenses
- $123,232,232
- Net increase / (decrease)
- -$97,687,594
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $1,706,682 | not reported in the loaded dataset | 2023 |
| Northern Trust Investments | NONE | $249,458 | $0 | 2023 |
| Western Asset Management Company | NONE | $114,865 | not reported in the loaded dataset | 2023 |
| Bank Of New York Mellon | NONE | $98,763 | $0 | 2023 |
| Cliftonlarsonallen Llp | NONE | $66,890 | not reported in the loaded dataset | 2023 |
| Kmpg Llp | NONE | $49,336 | not reported in the loaded dataset | 2023 |
| 3m Company | PLAN SPONSOR | $40,862 | $52 | 2023 |
| Plante & Moran, Pllc | NONE | $37,260 | not reported in the loaded dataset | 2023 |
| Nepc, LLC | NONE | $31,300 | not reported in the loaded dataset | 2023 |
| Steven Douglas Associates LLC | NONE | $31,121 | not reported in the loaded dataset | 2023 |
| Aon Consulting Inc | NONE | $30,625 | not reported in the loaded dataset | 2023 |
| Seyfarth Shaw Llp | NONE | $23,911 | not reported in the loaded dataset | 2023 |
| Hr Advantage Inc | NONE | $19,673 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for 3m Company
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in St. Paul, MN
- Willis Towers Watson Us LLC — Schedule C compensation
- Northern Trust Investments — Schedule C compensation
- Western Asset Management Company — Schedule C compensation
- Bank Of New York Mellon — Schedule C compensation
- Cliftonlarsonallen Llp — Schedule C compensation
- Kmpg Llp — Schedule C compensation
- 3m Company — Schedule C compensation
- Plante & Moran, Pllc — Schedule C compensation
- Nepc, LLC — Schedule C compensation
- Steven Douglas Associates LLC — Schedule C compensation
- Aon Consulting Inc — Schedule C compensation
- Seyfarth Shaw Llp — Schedule C compensation
- Hr Advantage Inc — Schedule C compensation