State Street Salary Savings Program — Form 5500 plan (State Street Corporation)
Plain-English plan 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, State Street Salary Savings Program is a benefit plan reported by State Street Corporation under EIN 04-2456637 and plan number 002. The latest loaded filing year is 2023. The filing reports 22,027 participants and $5,728,363,515 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- State Street Corporation
- EIN
- 04-2456637
- Plan number
- 002
- Plan type
- 2
- Location
- Boston, MA
- Latest filing year
- 2023
- Participants
- 22,027
- End-of-year plan assets
- $5,728,363,515
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 22,027 | H, C | 20241011121208NAL0036872704001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,728,363,515
- Total liabilities (EOY)
- $581,126
- Net assets (EOY)
- $5,727,782,389
- Net assets (BOY)
- $4,822,322,020
Income & contributions
- Employer contributions
- $96,166,666
- Participant contributions
- $162,859,870
- Total contributions
- $279,715,168
- Total income / additions
- $1,246,253,015
Expenses & distributions
- Benefits paid
- $338,504,652
- Administrative expenses
- $2,287,994
- Total expenses
- $340,792,646
- Net increase / (decrease)
- $905,460,369
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| State Street Global Advisors | INVESTMENT MANAGEMENT | $1,231,580 | not reported in the loaded dataset | 2023 |
| Strategic Advisors, Inc. | ADVISOR | $625,059 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | $312,572 | $0 | 2023 |
| Newport Trust Company | OTHER SERVICES | $93,750 | not reported in the loaded dataset | 2023 |
| Ernst & Young Us Llp | ACCOUNTANT/AUDITOR | $67,500 | not reported in the loaded dataset | 2023 |
| Ropes And Gray Llp | ATTORNEY/LEGAL | $28,474 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | CONSULTANT | $7,012 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for State Street Corporation
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Boston, MA
- State Street Global Advisors — Schedule C compensation
- Strategic Advisors, Inc. — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation
- Newport Trust Company — Schedule C compensation
- Ernst & Young Us Llp — Schedule C compensation
- Ropes And Gray Llp — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation