Plan Snapshot
- Plan Sponsor: Highmark Companies, INC.
- Sponsor EIN: 832145497
- Sponsor Address: 8720 EAGLE CREEK PKWY, SAVAGE, MN, 55378
- Plan Type: DC
- Total Participants: 124
- Total Assets: $11.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 124 | $11.4M | $698,550 | $633,257 |
| 2023 | 118 | $8.6M | $511,801 | $547,522 |
| 2022 | 129 | $5.6M | $511,671 | $349,030 |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| CUMMINGS, KEEGAN & CO., PLLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $5,023 | — | $5,023 | — | — |
| 2023 | $7,514 | — | $7,514 | — | — |
| 2022 | — | — | — | — | — |