2023 Form 5500 filing — The Pnc Financial Services Group, Inc. Pension 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 20241010121127NAL0011445491001) for The Pnc Financial Services Group, Inc. Pension Plan, reported by The Pnc Financial Services Group, Inc. under EIN 25-1435979 and plan number 002. It reports 116,192 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241010121127NAL0011445491001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- The Pnc Financial Services Group, Inc.
- EIN
- 25-1435979
- Plan number
- 002
- Location
- Pittsburgh, PA
- Participants
- 116,192
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $5,637,150,000
- Total liabilities (EOY)
- $3,871,000
- Net assets (EOY)
- $5,633,279,000
- Total income / additions
- $594,936,000
- Benefits paid
- $326,635,000
- Administrative expenses
- $33,268,000
- Total expenses
- $359,903,000
- Net increase / (decrease)
- $235,033,000
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Solutions LLC | NONE | $5,038,232 | not reported in the loaded dataset |
| Aberdeen Asset Mgt., Inc. | NONE | $3,106,029 | $0 |
| Marathon Asset Management | NONE | $2,447,287 | $0 |
| Blackrock | NONE | $1,500,223 | not reported in the loaded dataset |
| Prudential Investment Mgt., Inc. | NONE | $1,470,350 | not reported in the loaded dataset |
| Pacific Investment Mgmt Co LLC | NONE | $1,113,385 | $0 |
| The Bank Of New York Mellon | NONE | $1,074,949 | $0 |
| Shenkman Capital Mgt | NONE | $1,074,369 | not reported in the loaded dataset |
| Centersquare Inv Mngmt Inc. | NONE | $969,213 | $0 |
| Aew Capital Management | NONE | $884,180 | not reported in the loaded dataset |
| Vaughan Nelson Investment Mgmt | NONE | $713,724 | not reported in the loaded dataset |
| Macquarie Group | NONE | $472,021 | not reported in the loaded dataset |
| Cambridge Associates LLC | NONE | $442,969 | not reported in the loaded dataset |
| Towers Watson | NONE | $240,485 | not reported in the loaded dataset |
| Morgan Lewis And Bockius | NONE | $115,944 | not reported in the loaded dataset |
| Pnc Financial Services | PLAN SPONSOR | $102,646 | not reported in the loaded dataset |
| Baker Tilly Us, Llp | NONE | $101,826 | not reported in the loaded dataset |
| Metropolitan Life Insurance | NONE | $43,736 | not reported in the loaded dataset |