Plan Snapshot
- Plan Sponsor: Highmark Health
- Sponsor EIN: 453674900
- Sponsor Address: 120 FIFTH AVENUE, PITTSBURGH, PA, 15222
- Plan Type: DB
- Total Participants: 12,825
- Total Assets: $3.1B
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 12,825 | $3.1B | $0 | $0 |
| 2023 | 13,758 | $3.3B | $0 | $0 |
| 2022 | 14,720 | $3.2B | $0 | $0 |
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 |
|---|---|---|---|---|
| ALIGHT SOLUTIONS LLC | Recordkeeper | $2,294,442 | $4,010 | $2,298,452 |
| THE BANK OF NEW YORK MELLON | Other Service Provider | $1,463,186 | — | $1,463,186 |
| PACIFIC INVESTMENT MANAGEMENT | Other Service Provider | $1,136,172 | — | $1,136,172 |
| BARROW, HANLEY, MEWHINNEY | Other Service Provider | $1,068,757 | — | $1,068,757 |
| NISA INVESTMENT ADVISORS | Other Service Provider | $969,676 | — | $969,676 |
| MERCER (US), INC. | Other Service Provider | $648,150 | — | $648,150 |
| THE SILCHESTER INTERNATIONAL | Other Service Provider | $553,170 | — | $553,170 |
| DIAMOND HILL CAPITAL MGMT | Other Service Provider | $277,183 | — | $277,183 |
| WALTER SCOTT & PARTNERS LTD | Other Service Provider | $261,835 | — | $261,835 |
| NEPC, LLC | Recordkeeper | $199,898 | — | $199,898 |
| WELLINGTON MANAGEMENT COMPANY | Other Service Provider | $118,516 | — | $118,516 |
| NEWTON INVESTMENT MANAGEMENT | Other Service Provider | $99,271 | — | $99,271 |
| HOOD RIVER CAPITAL MANAGEMENT | Other Service Provider | $85,962 | — | $85,962 |
| REED SMITH LLP | Other Service Provider | $78,951 | — | $78,951 |
| CHARTWELL INVEST PARTNERS LC | Other Service Provider | $67,558 | — | $67,558 |
| FEDERATED INVESTORS | Other Service Provider | $63,619 | — | $63,619 |
| SCHAFER CULLEN | Other Service Provider | $63,552 | — | $63,552 |
| J.P. MORGAN INVESTMENT | Recordkeeper | $57,433 | — | $57,433 |
| DODGE & COX | Other Service Provider | $24,179 | — | $24,179 |
| BAKER TILLY US, LLP | Other Service Provider | $19,700 | — | $19,700 |
| JOHN HANCOCK | Recordkeeper | $13,001 | — | $13,001 |
| HIGHROADS, INC | Other Service Provider | $5,150 | — | $5,150 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ALIGHT SOLUTIONS LLC — Recordkeeper
- NEPC, LLC — Recordkeeper
- J.P. MORGAN INVESTMENT — Recordkeeper
- JOHN HANCOCK — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $9,573,371
- Estimated Expense Ratio: 0.308% of plan assets
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 | $15,527,450 | $5,051,931 | $16,526 | $19,700 | — |
| 2023 | $13,566,817 | $5,078,375 | — | — | — |
| 2022 | $17,702,816 | $5,528,148 | $3,735,979 | — | $1,808,081 |