Pearson Inc. Pension Plan — Form 5500 plan (Pearson Education, Inc.)
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, Pearson Inc. Pension Plan is a benefit plan reported by Pearson Education, Inc. under EIN 22-1603684 and plan number 003. The latest loaded filing year is 2023. The filing reports 2,988 participants and $91,900,595 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Pearson Education, Inc.
- EIN
- 22-1603684
- Plan number
- 003
- Plan type
- 2
- Location
- Hoboken, NJ
- Latest filing year
- 2023
- Participants
- 2,988
- End-of-year plan assets
- $91,900,595
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 2,988 | H, C | 20241011085210NAL0022443105001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $91,900,595
- Total liabilities (EOY)
- $134,768
- Net assets (EOY)
- $91,765,827
- Net assets (BOY)
- $81,807,290
Income & contributions
- Employer contributions
- $16,000,000
- Total contributions
- $16,000,000
- Total income / additions
- $22,336,930
Expenses & distributions
- Benefits paid
- $10,261,519
- Administrative expenses
- $2,116,874
- Total expenses
- $12,378,393
- Net increase / (decrease)
- $9,958,537
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Wtw | ACTUARY | $617,404 | not reported in the loaded dataset | 2023 |
| Ellenoff Grossman & Schole Llp | NONE | $290,493 | not reported in the loaded dataset | 2023 |
| Sei Investment Company | NONE | $194,790 | not reported in the loaded dataset | 2023 |
| Segal Advisors | INVESTMENT ADVISORY | $21,805 | not reported in the loaded dataset | 2023 |
| Legacy Professionals Llp | NONE | $17,250 | not reported in the loaded dataset | 2023 |
| Citibank | NONE | $5,405 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Pearson Education, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NJ
- 401(k) and benefit plan filings in Hoboken, NJ
- Wtw — Schedule C compensation
- Ellenoff Grossman & Schole Llp — Schedule C compensation
- Sei Investment Company — Schedule C compensation
- Segal Advisors — Schedule C compensation
- Legacy Professionals Llp — Schedule C compensation
- Citibank — Schedule C compensation