Loews Corporation Employees' Savings Plan — Form 5500 plan (Loews 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, Loews Corporation Employees' Savings Plan is a benefit plan reported by Loews Corporation under EIN 13-2646102 and plan number 023. The latest loaded filing year is 2023. The filing reports 314 participants and $145,591,701 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$145.6MPlan net assets, end of year$145,591,701
Participants314Covered participants reported
Assets / participant$463.7KComputed: assets ÷ participants$463,668 (computed)
Provider compensation$21.4K1 Schedule C provider row(s)$21,408
Plan sponsor
Loews Corporation
EIN
13-2646102
Plan number
023
Plan type
2
Location
New York, NY
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023314H, C20241014171531NAL0027954401001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$145.6M total assets
Net assets$145.6MLiabilities$0
Money in vs. money out
Total income / additions$38.6M
Total expenses$7.9M
Benefits paid / distributions$7.9M
Contributions
Employer$2.8M
Participant$2.3M
Full reported line items

Net assets

Total assets (EOY)
$145,591,701
Total liabilities (EOY)
$0
Net assets (EOY)
$145,591,701
Net assets (BOY)
$114,842,251

Income & contributions

Employer contributions
$2,757,125
Participant contributions
$2,310,992
Total contributions
$14,346,468
Total income / additions
$38,647,639

Expenses & distributions

Benefits paid
$7,875,089
Administrative expenses
$23,100
Total expenses
$7,898,189
Net increase / (decrease)
$30,749,450
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 54%Participant 46%
Total expenses ÷ net assets5%Computed ratio
Benefits paid ÷ total income20%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
T. Rowe PriceNONE$21,408$02023

Related Form 5500 pages