Assets by plan
Share of aggregate retirement assets
Sponsor portfolioTH
PHILIPS NORTH AMERICA LLC
EIN 13-3429115ManufacturingLatest filing 2024
Plans
7
Retirement
3
$6.85B assets
Welfare
4
$42.9M premiums
Participants
66,083
Retirement portfolio analytics
3 plans aggregated / $6.85B assets / 30,794 participantsParticipants by plan
Active + retired + deferred vested
Benefits portfolio analytics
4 plans / $42.9M premiums / 18,496 covered livesCoverage by line
Premium dollars by benefit type (bundled lines overlap)
- Health$22.2M
- Other$13.3M
- Life$10.4M
- Long-term disability$4.0M
- Vision$2.8M
- Prescription drug$382K
- +2 more
Carrier market share
Premium dollars by Schedule A carrier
36%top
- KAISER FOUNDATION HEALTH PLAN INC36%
- PRUDENTIAL INSURANCE COMPANY OF AMERICA22%
- LIFE INSURANCE COMPANY OF NORTH AMERICA14%
- GEISINGER HEALTH PLAN14%
- VISION SERVICE PLAN6%
- +3 more
Broker market share
Schedule A broker compensation
70%top
- EDGEWOOD PARTNERS INSURANCE CENTER70%
- MANNING JERRY17%
- LTCI PARTNERS LLC7%
- BSC AGENCY LLC3%
- BUSINESSOLVER.COM, INC.2%
- +3 more
Plan deep-dives
Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.Retirement#005
PHILIPS NORTH AMERICA 401(K) PLAN
401k
Assets$6.37B
Participants27,842
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#007
PHILIPS NORTH AMERICA PENSION PLAN
CashBalance
Assets$476.6M
Participants2,894
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Retirement#004
PHILIPS NORTH AMERICA 401(K) PLAN FOR PUERTO RICO EMPLOYEES
401k
Assets$5.5M
Participants58
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501
PHILIPS NORTH AMERICA GROUP WELFARE BENEFIT PLAN
Fully Insured - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$42.7M
Covered lives17,064
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#502
PHILIPS NORTH AMERICA WELFARE BENEFIT PLAN FOR RETIREES
Mixed - PRUDENTIAL INSURANCE COMPANY OF AMERICA
Premiums$205K
Covered lives1,432
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#503
PHILIPS NORTH AMERICA SEVERANCE PLAN
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#504
PHILIPS NORTH AMERICA SEVERANCE PLAN FOR EXECUTIVES
Self Funded
Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Retirement plans3
| Plan # | Name | Type | Assets | Participants | Latest year | |
|---|---|---|---|---|---|---|
| 005 | PHILIPS NORTH AMERICA 401(K) PLAN | 401k | $6.37B | 27,842 | 2024 | |
| 007 | PHILIPS NORTH AMERICA PENSION PLAN | CashBalance | $476.6M | 2,894 | 2024 | |
| 004 | PHILIPS NORTH AMERICA 401(K) PLAN FOR PUERTO RICO EMPLOYEES | 401k | $5.5M | 58 | 2024 |
Welfare plans4
| Plan # | Name | Funding | Carrier | Premiums | Covered | Latest year | |
|---|---|---|---|---|---|---|---|
| 501 | PHILIPS NORTH AMERICA GROUP WELFARE BENEFIT PLAN | Fully Insured | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $42.7M | 17,064 | 2024 | |
| 502 | PHILIPS NORTH AMERICA WELFARE BENEFIT PLAN FOR RETIREES | Mixed | PRUDENTIAL INSURANCE COMPANY OF AMERICA | $205K | 1,432 | 2024 | |
| 503 | PHILIPS NORTH AMERICA SEVERANCE PLAN | Self Funded | - | $0 | 0 | 2024 | |
| 504 | PHILIPS NORTH AMERICA SEVERANCE PLAN FOR EXECUTIVES | Self Funded | - | $0 | 0 | 2024 |
Retirement plans
Welfare plans