Premera 401(K) Savings Plan — Form 5500 plan (Premera)
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, Premera 401(K) Savings Plan is a benefit plan reported by Premera under EIN 91-1662324 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,714 participants and $600,774,479 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$600.8MPlan net assets, end of year$600,774,479
Participants4.7KCovered participants reported4,714
Assets / participant$127.4KComputed: assets ÷ participants$127,445 (computed)
Provider compensation$389.9K2 Schedule C provider row(s)$389,936
- Plan sponsor
- Premera
- EIN
- 91-1662324
- Plan number
- 002
- Plan type
- 2
- Location
- Mountlake Terrace, WA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,714 | H, C | 20240724154821NAL0020806896001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$600.8M total assets
Net assets$600.8MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $600,774,479
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $600,774,479
- Net assets (BOY)
- $505,230,057
Income & contributions
- Employer contributions
- $9,335,939
- Participant contributions
- $32,834,653
- Total contributions
- $45,070,422
- Total income / additions
- $135,069,954
Expenses & distributions
- Benefits paid
- $39,149,040
- Administrative expenses
- $374,945
- Total expenses
- $39,525,532
- Net increase / (decrease)
- $95,544,422
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
22%78%
Employer 22%Participant 78%
Total expenses ÷ net assets7%Computed ratio
Benefits paid ÷ total income29%Computed ratio
Provider comp. ÷ net assets0%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| The Vanguard Group, Inc. | NONE | $264,195 | $0 | 2023 |
| Vanguard Advisers Inc. | NONE | $125,741 | not reported in the loaded dataset | 2023 |