Discover Financial Services Pension Plan — Form 5500 plan (Discover Financial Services)
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, Discover Financial Services Pension Plan is a benefit plan reported by Discover Financial Services under EIN 36-2517428 and plan number 004. The latest loaded filing year is 2023. The filing reports 12,167 participants and $518,061,817 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Discover Financial Services
- EIN
- 36-2517428
- Plan number
- 004
- Plan type
- 2
- Location
- Riverwoods, IL
- Latest filing year
- 2023
- Participants
- 12,167
- End-of-year plan assets
- $518,061,817
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 12,167 | H, C | 20241010131917NAL0040822594001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $518,061,817
- Total liabilities (EOY)
- $70,550
- Net assets (EOY)
- $517,991,267
- Net assets (BOY)
- $496,810,800
Income & contributions
- Total contributions
- $0
- Total income / additions
- $45,269,774
Expenses & distributions
- Benefits paid
- $20,561,060
- Administrative expenses
- $3,528,247
- Total expenses
- $24,089,307
- Net increase / (decrease)
- $21,180,467
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Goldman Sachs Asset Management, Lp | NONE | $877,624 | $0 | 2023 |
| Alight Solutions LLC | NONE | $583,177 | $309 | 2023 |
| Mercer Inc. | NONE | $146,305 | not reported in the loaded dataset | 2023 |
| Bny Mellon | TRUSTEE | $105,428 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Discover Financial Services
- 2023 Form 5500 filing
- Form 5500 filings in IL
- 401(k) and benefit plan filings in Riverwoods, IL
- Goldman Sachs Asset Management, Lp — Schedule C compensation
- Alight Solutions LLC — Schedule C compensation
- Mercer Inc. — Schedule C compensation
- Bny Mellon — Schedule C compensation