Plan Ledger DOL Form 5500 · updated monthly

Lowes Companies, Inc.benefits

Lowes Welfare Plan · MOORESVILLE, NC · plan year 2024

Previously filed as Lowes Companies Inc. Same employer identification number; renames and acquisitions are why old benefits and 401(k) accounts get lost.

Broker compensation reported · 2024
$14,310,456

Lowes Companies, Inc.'s benefits plans covered 297,740 active participants in 2024, providing health · life · dental · vision · short-term disability · long-term disability · death benefits. Insurance premiums totaled $153,785,058. Insurance brokers and agents were paid $14,310,456 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 9.3% of premiums. That is $48 per covered person, in the bottom quarter of employer plans that report broker pay. Brokers were paid 4.7x the $3,073,730 reported for 2023.

Insurance contracts · 2024109
VISION SERVICE PLAN · vision$28.3M · 100,827 covered
VISION SERVICE PLAN · vision$28.0M · 100,069 covered
VISION SERVICE PLAN · vision$27.5M · 98,426 covered
VISION SERVICE PLAN · vision$24.3M · 97,168 covered
VISION SERVICE PLAN · vision$23.1M · 87,438 covered
VISION SERVICE PLAN · vision$4.0M · 17,255 covered
VISION SERVICE PLAN · vision$3.6M · 14,665 covered
MAGELLAN HEALTHCARE$3.6M · 370,729 covered
VISION SERVICE PLAN · vision$3.4M · 14,933 covered
VISION SERVICE PLAN · vision$3.3M · 16,245 covered
VISION SERVICE PLAN · vision$3.1M · 13,929 covered
MAGELLAN HEALTHCAREpremiums n/a · 297,740 covered
UNITED HEALTHCARE SERVICES, INC.premiums n/a · 9,256 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · healthpremiums n/a · 11,748 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 43,220 covered
GERBER LIFE INSURANCE COMPANYpremiums n/a
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC · health hmopremiums n/a · 770 covered
KAISER FOUNDATION HEALTH PLANS INC · health hmopremiums n/a · 2,263 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA · health hmopremiums n/a · 888 covered
KAISER FOUNDATION HEALTH PLAN INC. · health hmopremiums n/a · 4,550 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health hmopremiums n/a · 906 covered
KAISER FOUNDATION HEALTH PLAN OF NORTHWEST · health hmopremiums n/a · 479 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 107,920 covered
METLIFE LEGAL PLANSpremiums n/a · 10,669 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 11 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 21,855 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · hmopremiums n/a · 691 covered
KAISER FOUNDATION HEALTH PLAN OF HAWAII · health hmopremiums n/a · 819 covered
MAGELLAN HEALTHCAREpremiums n/a · 271,717 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · life stdpremiums n/a · 10,999 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 45,439 covered
GERBER LIFE INSURANCE COMPANYpremiums n/a
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC · health hmopremiums n/a · 863 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 2,420 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA · health hmopremiums n/a · 984 covered
KAISER FOUNDATION HEALTH PLAN INC. · health hmopremiums n/a · 4,627 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health hmopremiums n/a · 1,076 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health hmopremiums n/a · 508 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 228,019 covered
METLIFE LEGAL PLANSpremiums n/a · 11,729 covered
AETNA LIFE INSURANCE COMPANY · health dentalpremiums n/a · 14 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dentalpremiums n/a · 3,424 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · hmopremiums n/a · 900 covered
KAISER FOUNDATION HEALTH PLAN OF HAWAII · health hmopremiums n/a · 859 covered
MAGELLAN HEALTHCAREpremiums n/a · 283,303 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · life stdpremiums n/a · 11,188 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 40,616 covered
GERBER LIFE INSURANCE COMPANYpremiums n/a
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC · health hmopremiums n/a · 755 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 2,107 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA · health hmopremiums n/a · 899 covered
KAISER FOUNDATION HEALTH PLAN INC. · health hmopremiums n/a · 4,253 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health hmopremiums n/a · 969 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health hmopremiums n/a · 459 covered
METROPOLITAN LIFE INSURANCE COMPANY · lifepremiums n/a · 212,493 covered
METLIFE LEGAL PLANSpremiums n/a · 10,724 covered
AETNA LIFE INSURANCE COMPANY · health dentalpremiums n/a · 3 covered
CIGNA HEALTH AND LIFE INSURANCE COMPANY AND AFFILIATES · dental hmopremiums n/a · 3,702 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · hmopremiums n/a · 821 covered
KAISER FOUNDATION HEALTH PLAN OF HAWAII · health hmopremiums n/a · 770 covered
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC · health hmopremiums n/a · 777 covered
KAISER FOUNDATION HEALTH PLANS INC · health hmopremiums n/a · 2,554 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA · health hmopremiums n/a · 1,022 covered
KAISER FOUNDATION HEALTH PLAN INC. · health hmopremiums n/a · 4,855 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health hmopremiums n/a · 904 covered
KAISER FOUNDATION HEALTH PLAN OF NORTHWEST · health hmopremiums n/a · 441 covered
METROPOLITAN LIFE INSURANCE COMPANY · dentalpremiums n/a · 23,937 covered
HYATT LEGAL PLANSpremiums n/a · 11,993 covered
AETNA LIFE INSURANCE COMPANYpremiums n/a · 34 covered
KAISER FOUNDATION HEALTH PLAN OF HAWAII · health hmopremiums n/a · 892 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · healthpremiums n/a · 12,176 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 44,117 covered
CIGNA LIFE INSURANCE CO OF NEW YORKpremiums n/a · 10,284 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · stdpremiums n/a · 953 covered
LIFE INSURANCE COMPANYE OF NORTH AMERICA · ltdpremiums n/a · 63,200 covered
GERBER LIFE INSURANCE COMPANYpremiums n/a · 265,005 covered
KAISER FOUNDATION HEALTH PLAN OF THE MID-ATLANTIC · health hmopremiums n/a · 741 covered
KAISER FOUNDATION HEALTH PLAN INC · health hmopremiums n/a · 1,777 covered
KAISER FOUNDATION HEALTH PLAN OF GEORGIA · health hmopremiums n/a · 683 covered
KAISER FOUNDATION HEALTH PLAN INC. · health hmopremiums n/a · 3,401 covered
KAISER FOUNDATION HEALTH PLAN OF COLORADO · health hmopremiums n/a · 742 covered
KAISER FOUNDATION HEALTH PLAN OF THE NORTHWEST · health hmopremiums n/a · 397 covered
METLIFE LEGAL PLANSpremiums n/a · 12,335 covered
CURALINC HEALTHCAREpremiums n/a · 300,842 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 182,509 covered
HARTFORD LIFE AND ACCIDENT · lifepremiums n/a · 24,735 covered
KAISER FOUNDATION HEALTH PLAN OF WASHINGTON · hmopremiums n/a · 668 covered
KAISER FOUNDATION HEALTH PLAN, INC · health hmopremiums n/a · 758 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANY · life stdpremiums n/a · 10,466 covered
AMERICAN HERITAGE LIFE INSURANCE COMPANYpremiums n/a · 41,922 covered
LIFE INSURANCE COMPANY OF NORTH AMERICApremiums n/a · 545 covered
LIFE INSURANCE COMPANY OF NORTH AMERICA · ltdpremiums n/a · 65,762 covered
NATIONAL UNION FIRE INS. CO. OF PITTSBURGH, PApremiums n/a · 170,063 covered
Brokers & agents paid · 202417
MERCER HEALTH & BENFITS ADMIN$2,981,772 · incl $996,804 fees
STRATEGIC NON-MEDICAL SOLUTIONS LLC$1,369,822 · incl $627,465 fees
PACIFIC RESOURCES BENEFITS ADVISORS$1,103,519 · incl $627,477 fees
UNIVOPS INSURANCE SERVICES LLC$445,184 · incl $223,041 fees
MERCER HEALTH & BENEFITS ADMINISTRA$798,446 · incl $158,176 fees
MERCER HEALTH & BENEFITS ADMIN LLC$1,983,897 · incl $87,931 fees
ALIGHT HOLDING COMPANY$107,642 · incl $107,642 fees
MERCER HEALTH & BENEFITS ADMIN$3,048,466 · incl $713,182 fees
SRATEGIC NON-MEDICAL SOLUTIONS LLC$50,461 · incl $12,081 fees
MERCER H&B ADMINISTRATION$48,323 · incl $48,323 fees
DANIEL RICHARDSON$13,047
PACIFIC RESOURCES BENEFIT$421,015
AON CONSULTING$37,157 · incl $220 fees
MERCER H&B ADMINISTRATION, LLC$3,241 · incl $3,241 fees
UNIVOPS INSURANCE SERVICE$502,907
Also brokered by Mercer5
Caterpillar Inc. TX$5,319,156

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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 560578072 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.