American Red Cross Savings Plan — Form 5500 plan (American National Red Cross)
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, American Red Cross Savings Plan is a benefit plan reported by American National Red Cross under EIN 53-0196605 and plan number 008. The latest loaded filing year is 2023. The filing reports 24,163 participants and $1,534,342,529 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- American National Red Cross
- EIN
- 53-0196605
- Plan number
- 008
- Plan type
- 2
- Location
- Washington, DC
- Latest filing year
- 2023
- Participants
- 24,163
- End-of-year plan assets
- $1,534,342,529
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 24,163 | H, C | 20240916165803NAL0004092898001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $1,534,342,529
- Total liabilities (EOY)
- $4,741,401
- Net assets (EOY)
- $1,529,601,128
- Net assets (BOY)
- $1,305,761,711
Income & contributions
- Employer contributions
- $40,416,010
- Participant contributions
- $82,897,246
- Total contributions
- $129,442,383
- Total income / additions
- $352,275,703
Expenses & distributions
- Benefits paid
- $125,256,366
- Administrative expenses
- $2,499,614
- Total expenses
- $128,436,286
- Net increase / (decrease)
- $223,839,417
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Edelman Financial Engines LLC | NONE | $1,056,193 | not reported in the loaded dataset | 2023 |
| Alight Solutions LLC | NONE | $1,000,916 | $25,000 | 2023 |
| Northern Trust Inc. | TRUSTEE | $188,769 | $0 | 2023 |
| Kpmg Llp | NONE | $106,300 | not reported in the loaded dataset | 2023 |
| Ballard Spahr Llp | NONE | $50,820 | not reported in the loaded dataset | 2023 |
| American Red Cross | EMPLOYEESOF PLAN SPONSOR | $48,785 | not reported in the loaded dataset | 2023 |
| Groom Law Group | NONE | $18,345 | not reported in the loaded dataset | 2023 |
| Adsuar Muniz Goyco & Besoa Psc | NONE | $11,504 | not reported in the loaded dataset | 2023 |
| Willis Tower Watson | NONE | $10,038 | not reported in the loaded dataset | 2023 |
| Pershing LLC | NONE | $0 | $7,964 | 2023 |
| Robert Half | NONE | $7,930 | not reported in the loaded dataset | 2023 |
| Alight Financial Solutions, LLC | NONE | $0 | $2,808 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for American National Red Cross
- 2023 Form 5500 filing
- Form 5500 filings in DC
- 401(k) and benefit plan filings in Washington, DC
- Edelman Financial Engines LLC — Schedule C compensation
- Alight Solutions LLC — Schedule C compensation
- Northern Trust Inc. — Schedule C compensation
- Kpmg Llp — Schedule C compensation
- Ballard Spahr Llp — Schedule C compensation
- American Red Cross — Schedule C compensation
- Groom Law Group — Schedule C compensation
- Adsuar Muniz Goyco & Besoa Psc — Schedule C compensation
- Willis Tower Watson — Schedule C compensation
- Pershing LLC — Schedule C compensation
- Robert Half — Schedule C compensation
- Alight Financial Solutions, LLC — Schedule C compensation