2023 Form 5500 filing — Bae Systems Employees' Savings And Investment Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240827142043NAL0021899986001) for Bae Systems Employees' Savings And Investment Plan, reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 003. It reports 49,546 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240827142043NAL0021899986001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bae Systems, Inc.
- EIN
- 22-3537950
- Plan number
- 003
- Location
- Falls Church, VA
- Participants
- 49,546
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $9,406,287,325
- Total liabilities (EOY)
- $11,056,900
- Net assets (EOY)
- $9,395,230,425
- Employer contributions
- $174,654,064
- Participant contributions
- $330,588,884
- Total income / additions
- $2,025,456,268
- Benefits paid
- $849,310,219
- Administrative expenses
- $5,574,233
- Total expenses
- $854,884,452
- Net increase / (decrease)
- $1,170,571,816
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Financial Advisors LLC | NONE | $4,018,534 | not reported in the loaded dataset |
| Dodge & Cox | NONE | $2,380,019 | $0 |
| Alight Solutions LLC | NONE | $595,386 | $0 |
| Groom Law Group | NONE | $454,654 | not reported in the loaded dataset |
| The Northern Trust Company | NONE | $285,782 | $0 |
| Empower Retirement | NONE | $100,055 | $0 |
| Blackrock Investments, Inc. | NONE | $95,234 | not reported in the loaded dataset |
| Deloite & Touche Llp | NONE | $87,828 | not reported in the loaded dataset |
| Pershing LLC | NONE | $0 | $40,371 |
| Peggy Edge Cpa | NONE | $31,225 | not reported in the loaded dataset |
| Alight Financial Solutions LLC | NONE | $0 | $26,298 |