2023 Form 5500 filing — Bae Systems Employees' Retirement 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 20241014085951NAL0013031427001) for Bae Systems Employees' Retirement Plan, reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 050. It reports 30,388 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014085951NAL0013031427001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bae Systems, Inc.
- EIN
- 22-3537950
- Plan number
- 050
- Location
- Falls Church, VA
- Participants
- 30,388
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $3,419,739,198
- Total liabilities (EOY)
- $1,461,916
- Net assets (EOY)
- $3,418,277,282
- Total income / additions
- $371,113,429
- Benefits paid
- $1,174,687,310
- Administrative expenses
- $22,042,750
- Total expenses
- $1,196,730,060
- Net increase / (decrease)
- -$825,616,631
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Willis Towers Watson | NONE | $2,823,362 | not reported in the loaded dataset |
| Metropolitan West Asset Management | NONE | $1,104,613 | not reported in the loaded dataset |
| Aon Investments Usa Inc. | NONE | $961,130 | not reported in the loaded dataset |
| Pimco | NONE | $959,235 | $0 |
| Nisa Investment Advisors | NONE | $849,662 | not reported in the loaded dataset |
| Aon Consulting, Inc. | NONE | $792,358 | not reported in the loaded dataset |
| Groom Law Group | NONE | $590,502 | not reported in the loaded dataset |
| The Northern Trust Company | NONE | $447,897 | $0 |
| Franklin Templeton | NONE | $350,017 | $0 |
| Ubs | NONE | $178,459 | not reported in the loaded dataset |
| Lgim America | NONE | $175,599 | not reported in the loaded dataset |
| Deloitte | NONE | $168,142 | not reported in the loaded dataset |
| Peggy Edge, Cpa | NONE | $52,670 | not reported in the loaded dataset |
| Alight Solutions LLC | NONE | $44,425 | not reported in the loaded dataset |
| State Street Bank And Trust Company | NONE | $32,421 | $410 |
| Pricewaterhousecoopers | NONE | $24,819 | not reported in the loaded dataset |
| Iss Scas | NONE | $7,021 | not reported in the loaded dataset |