Bae Systems Funded Welfare Benefit 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 Funded Welfare Benefit Plan is a benefit plan reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 503. The latest loaded filing year is 2023. The filing reports 28,484 participants and $81,125,062 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
503
Plan type
2
Location
Falls Church, VA
Latest filing year
2023
Participants
28,484
End-of-year plan assets
$81,125,062

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202328,484H, C20240323112844NAL0004608995001
202330,193H, C20240323113036NAL0009452592001
202331,461H, C20240323113201NAL0007764305001
202331,702H, C20241015165633NAL0015121395001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$36,887,339
Total liabilities (EOY)
$44,797,633
Net assets (EOY)
-$7,910,294
Net assets (BOY)
$12,636,430

Income & contributions

Employer contributions
$335,550,001
Participant contributions
$71,731,466
Total contributions
$407,281,467
Total income / additions
$408,522,937

Expenses & distributions

Benefits paid
$400,729,116
Administrative expenses
$28,340,545
Total expenses
$429,069,661
Net increase / (decrease)
-$20,546,724

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
CignaNONE$18,391,936not reported in the loaded dataset2023
CignaNONE$17,787,718not reported in the loaded dataset2023
CignaNONE$10,997,805not reported in the loaded dataset2023
CignaNONE$10,756,462$02023
Alight Solutions LLCNONE$3,501,175not reported in the loaded dataset2023
Alight Solutions LLCNONE$3,264,543not reported in the loaded dataset2023
AlightNONE$3,209,991not reported in the loaded dataset2023
AlightNONE$3,196,081$02023
Delta Dental Of VirginiaNONE$1,165,624not reported in the loaded dataset2023
Delta Dental Of VirginiaNONE$1,144,296not reported in the loaded dataset2023
Delta Dental Of VirginiaNONE$1,090,324not reported in the loaded dataset2023
Cvs CaremarkNONE$1,062,970not reported in the loaded dataset2023
Delta Dental Of VirginiaNONE$1,041,922not reported in the loaded dataset2023
Marathon HealthNONE$454,841not reported in the loaded dataset2023
Artemis HealthNONE$328,707not reported in the loaded dataset2023
Segal BenzNONE$326,329not reported in the loaded dataset2023
Benz CommunicationsNONE$314,625not reported in the loaded dataset2023
Groom Law GroupNONE$311,209not reported in the loaded dataset2023
Mercer Health And Benefits LLCNONE$296,458not reported in the loaded dataset2023
Segal BenzNONE$285,068not reported in the loaded dataset2023
Big Health (Sleepio)NONE$264,000not reported in the loaded dataset2023
Groom Law GroupNONE$261,990not reported in the loaded dataset2023
Groom Law GroupNONE$259,143not reported in the loaded dataset2023
Naturally SlimNONE$218,575not reported in the loaded dataset2023
Artemis HealthNONE$198,749not reported in the loaded dataset2023
Artemis HealthNONE$188,108not reported in the loaded dataset2023
Naturally SlimNONE$181,650not reported in the loaded dataset2023
Segal BenzNONE$179,211not reported in the loaded dataset2023
Big Health (Sleepio)NONE$176,000not reported in the loaded dataset2023
DirectpathNONE$171,515not reported in the loaded dataset2023
Kpmg LlpNONE$128,255not reported in the loaded dataset2023
Groom Law GroupNONE$124,525not reported in the loaded dataset2023
DirectpathNONE$121,665not reported in the loaded dataset2023
DirectpathNONE$104,573not reported in the loaded dataset2023
Deloitte & Touche LlpNONE$93,975not reported in the loaded dataset2023
Hager StrategicNONE$90,193not reported in the loaded dataset2023
Claims Technoloogy Inc.NONE$60,788not reported in the loaded dataset2023
Kpmg LlpNONE$54,580not reported in the loaded dataset2023
Jp Morgan Chase BankNONE$7,128$34,1212023
Claim Technologies Inc. (Cti)NONE$37,600not reported in the loaded dataset2023
Jp Morgan Chase BankNONE$36,614not reported in the loaded dataset2023
Peggy Edge CpaNONE$32,411not reported in the loaded dataset2023
Jp Morgan Chase BankNONE$31,132$02023
Jp Morgan Chase BankNONE$25,151not reported in the loaded dataset2023
Peggy Edge CpaNONE$23,952not reported in the loaded dataset2023
Peggy Edge CpaNONE$20,213not reported in the loaded dataset2023
Willis Towers WatsonNONE$20,000not reported in the loaded dataset2023
Aon Consulting Inc.NONE$20,000not reported in the loaded dataset2023
Peggy Edge CpaNONE$19,458not reported in the loaded dataset2023
Hager StrategicNONE$14,259not reported in the loaded dataset2023
PricewaterhousecoopersNONE$9,000not reported in the loaded dataset2023
PricewaterhousecoopersNONE$7,600not reported in the loaded dataset2023
PricewaterhousecoopersNONE$7,250not reported in the loaded dataset2023

Related Form 5500 pages