# Nucor Corporation Health & Welfare Plan
Source: https://planprovider.pro/companies/nucor-corporation-131860817-502

> Nucor Corporation's Health & Welfare plan: 24,159 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Nucor Corporation

- **Sponsor EIN:** 131860817

- **Sponsor Address:** 1915 REXFORD ROAD, CHARLOTTE, NC, 28211

- **Plan Type:** Health & Welfare

- **Plan Number:** 502

- **Total Participants:** 24,159

- **Total Assets:** $68.6M

## 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|24,159|$68.6M|$330.6M|$93.0M|

| 2023|23,489|$59.3M|$288.4M|$97.9M|

| 2022|19,950|$54.0M|$255.6M|$86.3M|

## 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|

| OPTUMRX, INC|Other Service Provider|$164,331,721|$275,079|$164,606,800|

| ANTHEM INSURANCE COMPANIES, INC.|Other Service Provider|$7,995,408|—|$7,995,408|

| CIGNA HEALTH AND LIFE INSURANCE CO|Other Service Provider|$3,978,963|—|$3,978,963|

| BLUE CROSS BLUE SHIELD OF TX|Recordkeeper|$1,969,922|—|$1,969,922|

| BLUE ADVANTAGE ADMINISTRATORS OF AR|Recordkeeper|$1,715,753|—|$1,715,753|

| BLUE CROSS BLUE SHIELD OF AL|Recordkeeper|$1,468,072|—|$1,468,072|

| AETNA LIFE INSURANCE COMPANY|Recordkeeper|$843,047|—|$843,047|

| BLUE CROSS BLUE SHIELD OF NEBRASKA|Recordkeeper|$696,059|—|$696,059|

| BLUE CROSS BLUE SHIELD OF SC|Recordkeeper|$347,020|—|$347,020|

| WAGEWORKS|Recordkeeper|$144,098|—|$144,098|

| INSPIRA FINANCIAL|Recordkeeper|$100,878|—|$100,878|

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $183,866,020

- **Estimated Expense Ratio:** 267.974% 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|$14,038,816|—|$14,038,816|—|—|

| 2023|$13,850,668|—|$13,850,668|—|—|

| 2022|$12,339,470|—|—|—|$12,339,470|

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