Allete And Affiliated Companies Welfare Benefits Plan — Form 5500 plan (Allete, Inc.)
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, Allete And Affiliated Companies Welfare Benefits Plan is a benefit plan reported by Allete, Inc. under EIN 41-0418150 and plan number 599. The latest loaded filing year is 2023. The filing reports 2,331 participants and $181,474,196 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Allete, Inc.
- EIN
- 41-0418150
- Plan number
- 599
- Plan type
- 2
- Location
- Duluth, MN
- Latest filing year
- 2023
- Participants
- 2,331
- End-of-year plan assets
- $181,474,196
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,331 | H, C | 20241015173551NAL0029270945003 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $181,474,196
- Total liabilities (EOY)
- $80,315
- Net assets (EOY)
- $181,393,881
- Net assets (BOY)
- $170,904,692
Income & contributions
- Employer contributions
- $6,889,134
- Participant contributions
- $6,399,727
- Total contributions
- $13,288,861
- Total income / additions
- $35,779,170
Expenses & distributions
- Benefits paid
- $18,734,633
- Administrative expenses
- $6,555,348
- Total expenses
- $25,289,981
- Net increase / (decrease)
- $10,489,189
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Medicare Blue R/X | DATA PROCESSING PROVIDER | $3,389,760 | not reported in the loaded dataset | 2023 |
| Comprehensive Care Services | MULTIPLE SERVICE PROVIDER | $835,208 | not reported in the loaded dataset | 2023 |
| United Healthcare Services, Inc. | CLAIMS PROCESSOR | $777,795 | not reported in the loaded dataset | 2023 |
| Sunlife Insurance Company | STOP LOSS | $158,805 | not reported in the loaded dataset | 2023 |
| Blue Cross Blue Shield | MULTIPLE SERVICE PROVIDER | $113,489 | not reported in the loaded dataset | 2023 |
| Lockton Companies LLC | BROKER | $97,077 | not reported in the loaded dataset | 2023 |
| Delta Dental Of Mn | DATA PROCESSING PROVIDER | $85,246 | not reported in the loaded dataset | 2023 |
| Bind Benefits, Dba Surest | CLAIMS PROCESSOR | $69,878 | not reported in the loaded dataset | 2023 |
| Reilly, Penner & Benton Llp | INDEPENDENT AUDITOR | $37,312 | not reported in the loaded dataset | 2023 |
| Us Bank, N.A. | TRUSTEE | $18,896 | not reported in the loaded dataset | 2023 |
| North Shore Bank Of Commerce | TRUSTEE | $10,433 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Allete, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Duluth, MN
- Medicare Blue R/X — Schedule C compensation
- Comprehensive Care Services — Schedule C compensation
- United Healthcare Services, Inc. — Schedule C compensation
- Sunlife Insurance Company — Schedule C compensation
- Blue Cross Blue Shield — Schedule C compensation
- Lockton Companies LLC — Schedule C compensation
- Delta Dental Of Mn — Schedule C compensation
- Bind Benefits, Dba Surest — Schedule C compensation
- Reilly, Penner & Benton Llp — Schedule C compensation
- Us Bank, N.A. — Schedule C compensation
- North Shore Bank Of Commerce — Schedule C compensation