Bae Systems Retiree 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 Retiree Welfare Benefit Plan is a benefit plan reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 515. The latest loaded filing year is 2023. The filing reports 6,648 participants and $162,100,738 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
- 515
- Plan type
- 2
- Location
- Falls Church, VA
- Latest filing year
- 2023
- Participants
- 6,648
- End-of-year plan assets
- $162,100,738
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 6,648 | H, C | 20241015170235NAL0050582752001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $162,100,738
- Total liabilities (EOY)
- $451,074
- Net assets (EOY)
- $161,649,664
- Net assets (BOY)
- $163,988,876
Income & contributions
- Employer contributions
- $415,251
- Participant contributions
- $337,291
- Total contributions
- $752,542
- Total income / additions
- $9,203,072
Expenses & distributions
- Benefits paid
- $9,590,237
- Administrative expenses
- $1,952,047
- Total expenses
- $11,542,284
- Net increase / (decrease)
- -$2,339,212
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | NONE | $356,765 | not reported in the loaded dataset | 2023 |
| Jpmorgan Chase Bank, N.A. | NONE | $323,201 | $0 | 2023 |
| Aon Consulting Inc. | NONE | $101,571 | not reported in the loaded dataset | 2023 |
| Deloitte & Touche Llp | NONE | $93,975 | not reported in the loaded dataset | 2023 |
| Cigna | NONE | $72,364 | $0 | 2023 |
| Groom Law Group | NONE | $71,517 | not reported in the loaded dataset | 2023 |
| Pricewaterhousecoopers (Pwc) | NONE | $19,080 | not reported in the loaded dataset | 2023 |
| Hager Strategic, Inc. | NONE | $12,219 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson | NONE | $11,988 | not reported in the loaded dataset | 2023 |
| Rhk Consulting LLC | NONE | $6,488 | not reported in the loaded dataset | 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 Solutions LLC — Schedule C compensation
- Jpmorgan Chase Bank, N.A. — Schedule C compensation
- Aon Consulting Inc. — Schedule C compensation
- Deloitte & Touche Llp — Schedule C compensation
- Cigna — Schedule C compensation
- Groom Law Group — Schedule C compensation
- Pricewaterhousecoopers (Pwc) — Schedule C compensation
- Hager Strategic, Inc. — Schedule C compensation
- Willis Towers Watson — Schedule C compensation
- Rhk Consulting LLC — Schedule C compensation