Bae Systems Employees' Savings And Investment Plan — Form 5500 plan (Bae Systems, 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, Bae Systems Employees' Savings And Investment Plan is a benefit plan reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 003. The latest loaded filing year is 2023. The filing reports 49,546 participants and $9,406,287,325 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bae Systems, Inc.
- EIN
- 22-3537950
- Plan number
- 003
- Plan type
- 2
- Location
- Falls Church, VA
- Latest filing year
- 2023
- Participants
- 49,546
- End-of-year plan assets
- $9,406,287,325
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 49,546 | H, C | 20240827142043NAL0021899986001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $9,406,287,325
- Total liabilities (EOY)
- $11,056,900
- Net assets (EOY)
- $9,395,230,425
- Net assets (BOY)
- $8,224,658,609
Income & contributions
- Employer contributions
- $174,654,064
- Participant contributions
- $330,588,884
- Total contributions
- $547,534,553
- Total income / additions
- $2,025,456,268
Expenses & distributions
- Benefits paid
- $849,310,219
- Administrative expenses
- $5,574,233
- Total expenses
- $854,884,452
- Net increase / (decrease)
- $1,170,571,816
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Financial Advisors LLC | NONE | $4,018,534 | not reported in the loaded dataset | 2023 |
| Dodge & Cox | NONE | $2,380,019 | $0 | 2023 |
| Alight Solutions LLC | NONE | $595,386 | $0 | 2023 |
| Groom Law Group | NONE | $454,654 | not reported in the loaded dataset | 2023 |
| The Northern Trust Company | NONE | $285,782 | $0 | 2023 |
| Empower Retirement | NONE | $100,055 | $0 | 2023 |
| Blackrock Investments, Inc. | NONE | $95,234 | not reported in the loaded dataset | 2023 |
| Deloite & Touche Llp | NONE | $87,828 | not reported in the loaded dataset | 2023 |
| Pershing LLC | NONE | $0 | $40,371 | 2023 |
| Peggy Edge Cpa | NONE | $31,225 | not reported in the loaded dataset | 2023 |
| Alight Financial Solutions LLC | NONE | $0 | $26,298 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bae Systems, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in VA
- 401(k) and benefit plan filings in Falls Church, VA
- Alight Financial Advisors LLC — Schedule C compensation
- Dodge & Cox — Schedule C compensation
- Alight Solutions LLC — Schedule C compensation
- Groom Law Group — Schedule C compensation
- The Northern Trust Company — Schedule C compensation
- Empower Retirement — Schedule C compensation
- Blackrock Investments, Inc. — Schedule C compensation
- Deloite & Touche Llp — Schedule C compensation
- Pershing LLC — Schedule C compensation
- Peggy Edge Cpa — Schedule C compensation
- Alight Financial Solutions LLC — Schedule C compensation