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, Biogen 401(K) Savings Plan is a benefit plan reported by Biogen Inc. under EIN 33-0112644 and plan number 001. The latest loaded filing year is 2023. The filing reports 8,349 participants and $1,938,085,017 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,938,085,017
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,938,085,017
- Net assets (BOY)
- $1,601,252,778
Income & contributions
- Employer contributions
- $51,741,537
- Participant contributions
- $79,006,206
- Total contributions
- $143,529,507
- Total income / additions
- $490,824,534
Expenses & distributions
- Benefits paid
- $188,128,836
- Administrative expenses
- -$747,044
- Total expenses
- $187,673,243
- Net increase / (decrease)
- $303,151,291