U.S. Bank Legacy Pension Plan — Form 5500 plan (U.S. Bancorp)
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, U.S. Bank Legacy Pension Plan is a benefit plan reported by U.S. Bancorp under EIN 41-0255900 and plan number 007. The latest loaded filing year is 2023. The filing reports 44,532 participants and $2,991,489,800 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- U.S. Bancorp
- EIN
- 41-0255900
- Plan number
- 007
- Plan type
- 2
- Location
- Minneapolis, MN
- Latest filing year
- 2023
- Participants
- 44,532
- End-of-year plan assets
- $2,991,489,800
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 44,532 | H, C | 20241011175345NAL0012828211001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $2,991,489,800
- Total liabilities (EOY)
- $203,645
- Net assets (EOY)
- $2,991,286,155
- Net assets (BOY)
- $2,923,203,229
Income & contributions
- Total contributions
- $0
- Total income / additions
- $247,131,410
Expenses & distributions
- Benefits paid
- $171,890,692
- Administrative expenses
- $7,157,792
- Total expenses
- $179,048,484
- Net increase / (decrease)
- $68,082,926
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Alight Solutions LLC | NONE | $2,207,009 | $1,342 | 2023 |
| Towers Watson Delaware | NONE | $472,635 | not reported in the loaded dataset | 2023 |
| Ernst & Young, Llp | NONE | $91,000 | not reported in the loaded dataset | 2023 |
| Morgan Lewis Bockius Llp | NONE | $63,795 | not reported in the loaded dataset | 2023 |
| Willis Towers Watson Us LLC | NONE | $48,117 | not reported in the loaded dataset | 2023 |
| U.S. Bank National Association | NONE | $164 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for U.S. Bancorp
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in Minneapolis, MN
- Alight Solutions LLC — Schedule C compensation
- Towers Watson Delaware — Schedule C compensation
- Ernst & Young, Llp — Schedule C compensation
- Morgan Lewis Bockius Llp — Schedule C compensation
- Willis Towers Watson Us LLC — Schedule C compensation
- U.S. Bank National Association — Schedule C compensation