2023 Form 5500 filing — Legend Biotech 401(K) 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 20241014112005NAL0014831299001) for Legend Biotech 401(K) Plan, reported by Legend Biotech Usa, Inc. under EIN 82-2688234 and plan number 001. It reports 919 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014112005NAL0014831299001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Legend Biotech Usa, Inc.
- EIN
- 82-2688234
- Plan number
- 001
- Location
- Somerset, NJ
- Participants
- 919
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $42,105,321
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $42,105,321
- Employer contributions
- $3,780,046
- Participant contributions
- $8,321,776
- Total income / additions
- $20,127,598
- Benefits paid
- $1,728,604
- Administrative expenses
- $189,992
- Total expenses
- $1,925,412
- Net increase / (decrease)
- $18,202,186
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Voya Retirement Insurance And Annui | SERVICE PROVIDER | $175,383 | $0 |
| Gallagher Benefit Services Inc | SERVICE PROVIDER | $0 | $56,404 |
| Pentegra Services Inc. | THIRD PARTY ADMINISTRATO | $0 | $19,510 |
| Nppg Investment Services LLC | SERVICE PROVIDER | $0 | $8,539 |
| Morningstar Investment Management | SERVICE PROVIDER | $5,034 | not reported in the loaded dataset |