No brokers reported on this filing.
| Provider | Services | Address | Compensation |
|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY EIN 42-0127290 TRUSTEE, CONTRACT ADMIN | Participant loan processing; Contract Administrator; Direct payment from the plan; Recordkeeping fees Service code 13 | — | $824K |
| BDO USA, LLP EIN 13-5381590 N/A | Accounting (including auditing) Service code 10 | — | $56K |
| MAGNA INTERNATIONAL, INC. EIN 98-0095901 PARENT COMPANY | Legal; Other fees Service code 29 | — | $12K |
| MORNINGSTAR INVESMENT MGMT, LLC. | Investment advisory (participants); Consulting fees Service code 26 | — | $0 |
| MORNINGSTAR INVESTMENT MGMT, LLC. EIN 36-2923857 N/A | Consulting fees; Investment advisory (participants) Service code 26 | — | $0 |
| WILSHIRE ASSOCIATES INCORPORATED EIN 95-2755361 N/A | Investment advisory (plan); Other investment fees and expenses Service code 27 | — | $0 |
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 20,732 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 3,186 | Vested but not currently using benefits. |
| Beneficiaries receiving benefits | 52 | Spouses or dependents with eligibility independent of the participant. |
| Total participants (= "Plan participants" tile) | 23,970 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Life insurance | NORTHWESTERN MUTUAL LIFE INSURANCE CO. | 5 | $1K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 5 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.