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  2. PENNEY OPCO, LLC
Sponsor portfolio

PENNEY OPCO, LLC

EIN 85-3718114-Retail Trade-Latest filing 2024
Plans
4
Retirement
1
$2.18B assets
Welfare
3
$11.1M premiums
Participants
135,005
BENEFITS DEPARTMENT, 6501 LEGACY DRIVE, SUITE B100 - PLANO, TX 75024972-431-1000
Plans on this EIN
4 filings
#006ESOP-$2.18B - 61,998 part#501Fully Insured-$11.1M - 51,553 lives#519Self Funded-0 lives#554Self Funded-0 lives

Benefits portfolio analytics

3 plans / $11.1M premiums / 51,553 covered lives

Coverage by line

Premium dollars by benefit type (bundled lines overlap)

  • Life$3.6M
  • Other$2.4M
  • Long-term disability$2.2M
  • Vision$1.4M
  • Health$927K
  • Prescription drug$927K
  • +2 more
Total $11.1M8 rows

Carrier market share

Premium dollars by Schedule A carrier

Multi-vendor
58%top
  • LIFE INSURANCE COMPANY OF NORTH AMERICA58%
  • VISION SERVICE PLAN13%
  • CIGNA HEALTH AND LIFE INSURANCE COMPANY10%
  • TRIPLE S SALUD, INC.8%
  • AETNA LIFE INSURANCE COMPANY7%
  • +2 more
Total $11.1M7 slices

Broker market share

Schedule A broker compensation

Split broker
92%top
  • WILLIS TOWERS WATSON US LLC92%
  • TEMPO HOLDINGS COMPANY LLC8%
Total $637K2 slices

Plan deep-dives

Per-plan teasers. The full analytics (fees vs peers, audit grade, trajectory, counterparties) live on each plan detail page.
Retirement#006

J. C. PENNEY CORPORATION, INC. SAFE HARBOR 401(K) SAVINGS PLAN

ESOP

Assets$2.18B
Participants61,998
Inside the deep dive
Fees vs peersAudit gradeAsset trajectoryContributionsSch C providers
Open plan deep dive
Welfare#501

J. C. PENNEY CORPORATION, INC. HEALTH & WELFARE BENEFITS PLAN

Fully Insured - LIFE INSURANCE COMPANY OF NORTH AMERICA

Premiums$11.1M
Covered lives51,553
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#519

PENNEY OPCO LLC SEVERANCE PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive
Welfare#554

PENNEY OPCO LLC TEXAS WORKER INJURY PLAN

Self Funded

Premiums$0
Covered lives0
Inside the deep dive
Premium breakdownCarriersBrokersCoverage stats
Open plan deep dive

Retirement plans1

Plan #NameTypeAssetsParticipantsLatest year
006J. C. PENNEY CORPORATION, INC. SAFE HARBOR 401(K) SAVINGS PLANESOP$2.18B61,9982024

Welfare plans3

Plan #NameFundingCarrierPremiumsCoveredLatest year
501J. C. PENNEY CORPORATION, INC. HEALTH & WELFARE BENEFITS PLANFully InsuredLIFE INSURANCE COMPANY OF NORTH AMERICA$11.1M51,5532024
519PENNEY OPCO LLC SEVERANCE PLANSelf Funded-$002024
554PENNEY OPCO LLC TEXAS WORKER INJURY PLANSelf Funded-$002024
Retirement plans
Welfare plans
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