Optumcare Management, Llc 401(k) Plan (terminated 2023): Login, Facts & Contact Information

Plan terminated

This plan was terminated. Its final Form 5500 covers plan year 2023, when $1.12 billion was transferred out of the plan. Assets moved to the OPTUMCARE 401(K) RETIREMENT PLAN (sponsored by PROHEALTH PHYSICIANS, P.C.). If you had an account, your balance was transferred or paid out; Beagle can help you find where it went.

See the OPTUMCARE 401(K) RETIREMENT PLAN

Optumcare Management, Llc 401(k) Plan Facts (plan year 2023)

Plan name
OPTUMCARE MANAGEMENT, LLC 401(K) RETIREMENT SAVINGS PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
OPTUMCARE MANAGEMENT, LLC
Participants
14,289
Former employees with a balance
0
Recordkeeper
Fidelity Investments Instl Ops Co
Plan year
Jan 1, 2023 – Feb 28, 2023
Plan established
Jan 4, 1989
Employer contributions Automatic enrollment Default investment for undecided participants Participants choose their own investments Self-directed brokerage window Profit sharing Company stock (ESOP)

Source: Form 5500 for plan year 2023 (Jan 1, 2023 – Feb 28, 2023), filed Dec 11, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2023

  • $23.4 million was paid out to participants.
  • Investment and other income added $42.6 million.

How the Optumcare Management, Llc 401(k) changed, 20122023

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
20124,472$218.4 million$2.93 million$10.1 million
201916,484$843.2 million$28.6 million$65.4 million
202018,098$938.3 million$23.1 million$77.7 million
202119,848$1.34 billion$14.3 million$109.4 million
202213,078$1.10 billion$13.0 million$92.2 million
2023 (final)14,289$0$23.4 million

Optumcare Management, Llc 401(k) Contact Information

Phone
952-936-1300
Mailing address
9900 BREN ROAD EAST MN008-R120, MINNETONKA MN 55343
Plan sponsor
OPTUMCARE MANAGEMENT, LLC
Plan administrator
UNITEDHEALTH GROUP EMPLOYEE BENEFITS PLANS ADMINISTRATIVE COMMITTEE
Employer identification number (EIN)
95-4509662
Plan number
003

Questions about the Optumcare Management, Llc 401(k)

Is the Optumcare Management, Llc 401(k) plan still active?

No. The plan's final Form 5500 was filed for plan year 2023. Its assets were transferred to the OPTUMCARE 401(K) RETIREMENT PLAN.

Does Optumcare Management, Llc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement.

Does the Optumcare Management, Llc 401(k) have automatic enrollment?

No. The plan does not report automatic enrollment; employees enroll themselves.

How many people are in the Optumcare Management, Llc 401(k) plan?

14,289 participants at the start of plan year 2023.

Who manages the Optumcare Management, Llc 401(k) accounts?

Fidelity NetBenefits (listed on the filing as FIDELITY INVESTMENTS INSTL OPS CO) is the plan's recordkeeper, which is where participants log in to see their balance.

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