Plan5500

Ibm 401 (K) Plus Plan — Form 5500 plan (International Business Machines 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, Ibm 401 (K) Plus Plan is a benefit plan reported by International Business Machines Corporation under EIN 13-0871985 and plan number 005. The latest loaded filing year is 2023. The filing reports 164,744 participants and $57,428,456,306 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
International Business Machines Corporation
EIN
13-0871985
Plan number
005
Plan type
2
Location
Armonk, NY
Latest filing year
2023
Participants
164,744
End-of-year plan assets
$57,428,456,306

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023164,744H, C20240713053616NAL0010553539001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$57,428,456,306
Total liabilities (EOY)
$1,043,840,058
Net assets (EOY)
$56,384,616,248
Net assets (BOY)
$51,682,171,695

Income & contributions

Employer contributions
$538,656,721
Participant contributions
$955,221,817
Total contributions
$1,493,878,538
Total income / additions
$10,236,961,665

Expenses & distributions

Benefits paid
$5,516,124,508
Administrative expenses
$37,862,814
Total expenses
$5,553,987,322
Net increase / (decrease)
$4,682,974,343

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
StatestreetPARTY-IN-INTEREST$9,531,033$02023
PimcoPARTY-IN-INTEREST$5,678,140$02023
Prudential Insurance CompanyPARTY-IN-INTEREST$4,498,979$02023
Metropolitan Life Insurance CompanyPARTY-IN-INTEREST$3,815,725not reported in the loaded dataset2023
The Loomis, Sayles & Company, L.P.PARTY-IN-INTEREST$2,787,583not reported in the loaded dataset2023
Rbc Capital MarketsPARTY-IN-INTEREST$2,744,118not reported in the loaded dataset2023
Massachusetts Mutual Life InsurancePARTY-IN-INTEREST$2,265,955$02023
BridgewaterPARTY-IN-INTEREST$2,049,515$02023
New York Life Insurance CompanyPARTY-IN-INTEREST$1,949,804not reported in the loaded dataset2023
IbmEMPLOYER$1,637,924not reported in the loaded dataset2023
Western Asset ManagementPARTY-IN-INTEREST$1,381,564not reported in the loaded dataset2023
VanguardPARTY-IN-INTEREST$1,226,698not reported in the loaded dataset2023
VoyaPARTY-IN-INTEREST$887,734$02023
Baird AdvisorsPARTY-IN-INTEREST$781,420not reported in the loaded dataset2023
Blackrock Financial ManagementPARTY-IN-INTEREST$631,659not reported in the loaded dataset2023
Mackay Shields, LLCPARTY-IN-INTEREST$618,500not reported in the loaded dataset2023
Jp MorganPARTY-IN-INTEREST$427,681not reported in the loaded dataset2023
Barings LLCPARTY-IN-INTEREST$371,375not reported in the loaded dataset2023
Pricewaterhousecoopers LlpPARTY-IN-INTEREST$352,760not reported in the loaded dataset2023
Northeast Retirement Services, Inc.PARTY-IN-INTEREST$285,000not reported in the loaded dataset2023
Edelman Financial Engines, LLCPARTY-IN-INTEREST$248,430not reported in the loaded dataset2023
Neuberger BermanPARTY-IN-INTEREST$235,497not reported in the loaded dataset2023
Fidelity Investments InstitutionalPARTY-IN-INTEREST$191,125$02023
Callan ConsultingPARTY-IN-INTEREST$170,000not reported in the loaded dataset2023
Paul HastingsPARTY-IN-INTEREST$97,536not reported in the loaded dataset2023
Mercer Investment Consulting Inc.PARTY-IN-INTEREST$36,251not reported in the loaded dataset2023
Ivins, Phillips And BarkerPARTY-IN-INTEREST$28,356not reported in the loaded dataset2023
MorningstarPARTY-IN-INTEREST$22,000not reported in the loaded dataset2023
Evestment Alliance LLCPARTY-IN-INTEREST$17,113not reported in the loaded dataset2023
TamalePARTY-IN INTEREST$14,765not reported in the loaded dataset2023
Andersen Tax LLCPARTY-IN-INTEREST$5,750not reported in the loaded dataset2023

Related Form 5500 pages