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Form 5500 · Employee benefit plan · CHARLOTTE, NC

NUCOR CORPORATION

The filing calls this plan NUCOR CORPORATION GROUP LIFE & HEALTH INSURANCE PLAN FOR ALL EMPLOYEES.

NUCOR CORPORATION of CHARLOTTE, NC is a 24,034-participant manufacturing employer whose group benefits are disclosed in its annual Form 5500 filing. Its broker of record is MERCER HEALTH & BENEFITS LLC. Coverage is written through LIFE INSURANCE COMPANY OF NORTH AMERICA and 1 other carrier. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2024

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 13-1860817 · plan 502 · plan year 2024, filed Oct 14, 2025

Get an email when this employer files a new Form 5500, and again about four months before its plan renews.

1,311 other employer plans in North Carolina have policy years ending in December. See the full list on the renewal calendar, or ask for it in Claude or ChatGPT.

How this plan is funded

Self-funded as reported

The filing reports benefits paid from the plan's own money, and no medical insurance contract on Schedule A.

A stop-loss policy appears on a Form 5500 only when the plan itself is the beneficiary, or the premiums are paid from plan money. Many employers buy stop-loss and never report it here. So a plan with no stop-loss on its filing may still have it.

All participants at the start of the year
24,034
Active at start of year
24,034
Active at end of year
24,159
Disclosed commissions
$121,225
Typical renewal
January 1

Benefits declared on this filing

Healthdeclared, not on Schedule A
Dentaldeclared, not on Schedule A
Visioninsured — EYEMED VISION CARE21,210 of 24,034 participants (88%)
Lifeinsured — LIFE INSURANCE COMPANY OF NORTH AMERICA28,676 of 24,034 participants
Disabilityinsured — LIFE INSURANCE COMPANY OF NORTH AMERICA23,018 of 24,034 participants (96%)

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 3 insured contracts covering vision, life and disability; the largest, with LIFE INSURANCE COMPANY OF NORTH AMERICA, covers 23,018 people.

The filing declares life, disability, health and dental. Health and dental appear with no insured contract on Schedule A. That coverage may be self-funded, or placed with a carrier that is not on this filing.

Reported premium across the insured contracts is $45,360,443, with $121,225 in disclosed broker commissions — about 0.3% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

MERCER HEALTH & BENEFITS LLC is the broker of record on 2 of the 3 contracts; the rest name a different broker or none.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
LIFE INSURANCE COMPANY OF NORTH AMERICALife28,676Jan 1, 2025$19,911,039$71,225
LIFE INSURANCE COMPANY OF NORTH AMERICADisability23,018Jan 1, 2025$23,038,771$50,000
EYEMED VISION CAREVision21,210Jan 1, 2025$2,410,633$0

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
NUCOR CORPORATION
EIN 13-1860817
OPTUMRX, INC
Claims processing · EIN 33-0441200
$164,331,721
paid directly by the plan
ANTHEM INSURANCE COMPANIES, INC.
Claims processing · Contract administrator · Recordkeeping and information management · EIN 35-0781558
$7,995,408
paid directly by the plan
CIGNA HEALTH AND LIFE INSURANCE CO
Claims processing · Contract administrator · Recordkeeping and information management · EIN 59-1031071
$3,978,963
paid directly by the plan
BLUE CROSS BLUE SHIELD OF TX
Contract administrator · EIN 36-1236610
$1,969,922
paid directly by the plan
BLUE ADVANTAGE ADMINISTRATORS OF AR
Claims processing · Contract administrator · Recordkeeping and information management · EIN 31-1440175
$1,715,753
paid directly by the plan
BLUE CROSS BLUE SHIELD OF AL
Contract administrator · EIN 63-0103830
$1,468,072
paid directly by the plan
AETNA LIFE INSURANCE COMPANY
Contract administrator · EIN 06-6033492
$843,047
paid directly by the plan
BLUE CROSS BLUE SHIELD OF NEBRASKA
Contract administrator · EIN 47-0095156
$696,059
paid directly by the plan
BLUE CROSS BLUE SHIELD OF SC
Claims processing · Contract administrator · EIN 57-0287419
$347,020
paid directly by the plan
WAGEWORKS
Contract administrator · EIN 94-3351864
$144,098
paid directly by the plan
INSPIRA FINANCIAL
Contract administrator · EIN 91-1774434
$100,878
paid directly by the plan

The plan administrator is from line 3a of the main form. The service providers are named on Schedule C of this filing. We publish company names only.

Reported to OSHA

Reported to OSHA for 2025: 5,320 employees, 31 recordable cases, 433 days away from work.

EmployeesThe company's own average for the year
5,320
Hours worked
11,872,754
Recordable cases
31
Days away from work
433
Establishments filed under this EIN
13

Source: OSHA Injury Tracking Application establishment data, 2025.

Money the plan held and paid out

Plan assets at year end
$68,613,274
Paid out in benefits
$460,872,868
Independent accountantEIN 56-1434747
GREERWALKER LLP
Accountant's opinion (Schedule H, line 3a)
Unmodified

Sourced from U.S. DOL EFAST2 Form 5500 · Schedule H

These are the plan's own figures from Schedule H, the financial statement it files. They are not the premium on Schedule A.

Other plans filed by this employer

How this plan compares

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Renewal calendar

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