2023 Form 5500 filing — Bae Systems Funded Welfare Benefit Plan
Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240323112844NAL0004608995001) for Bae Systems Funded Welfare Benefit Plan, reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 503. It reports 28,484 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240323112844NAL0004608995001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bae Systems, Inc.
- EIN
- 22-3537950
- Plan number
- 503
- Location
- Falls Church, VA
- Participants
- 28,484
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $36,887,339
- Total liabilities (EOY)
- $44,797,633
- Net assets (EOY)
- -$7,910,294
- Employer contributions
- $335,550,001
- Participant contributions
- $71,731,466
- Total income / additions
- $408,522,937
- Benefits paid
- $400,729,116
- Administrative expenses
- $28,340,545
- Total expenses
- $429,069,661
- Net increase / (decrease)
- -$20,546,724
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Cigna | NONE | $18,391,936 | not reported in the loaded dataset |
| Cigna | NONE | $17,787,718 | not reported in the loaded dataset |
| Cigna | NONE | $10,997,805 | not reported in the loaded dataset |
| Cigna | NONE | $10,756,462 | $0 |
| Alight Solutions LLC | NONE | $3,501,175 | not reported in the loaded dataset |
| Alight Solutions LLC | NONE | $3,264,543 | not reported in the loaded dataset |
| Alight | NONE | $3,209,991 | not reported in the loaded dataset |
| Alight | NONE | $3,196,081 | $0 |
| Delta Dental Of Virginia | NONE | $1,165,624 | not reported in the loaded dataset |
| Delta Dental Of Virginia | NONE | $1,144,296 | not reported in the loaded dataset |
| Delta Dental Of Virginia | NONE | $1,090,324 | not reported in the loaded dataset |
| Cvs Caremark | NONE | $1,062,970 | not reported in the loaded dataset |
| Delta Dental Of Virginia | NONE | $1,041,922 | not reported in the loaded dataset |
| Marathon Health | NONE | $454,841 | not reported in the loaded dataset |
| Artemis Health | NONE | $328,707 | not reported in the loaded dataset |
| Segal Benz | NONE | $326,329 | not reported in the loaded dataset |
| Benz Communications | NONE | $314,625 | not reported in the loaded dataset |
| Groom Law Group | NONE | $311,209 | not reported in the loaded dataset |
| Mercer Health And Benefits LLC | NONE | $296,458 | not reported in the loaded dataset |
| Segal Benz | NONE | $285,068 | not reported in the loaded dataset |
| Big Health (Sleepio) | NONE | $264,000 | not reported in the loaded dataset |
| Groom Law Group | NONE | $261,990 | not reported in the loaded dataset |
| Groom Law Group | NONE | $259,143 | not reported in the loaded dataset |
| Naturally Slim | NONE | $218,575 | not reported in the loaded dataset |
| Artemis Health | NONE | $198,749 | not reported in the loaded dataset |
| Artemis Health | NONE | $188,108 | not reported in the loaded dataset |
| Naturally Slim | NONE | $181,650 | not reported in the loaded dataset |
| Segal Benz | NONE | $179,211 | not reported in the loaded dataset |
| Big Health (Sleepio) | NONE | $176,000 | not reported in the loaded dataset |
| Directpath | NONE | $171,515 | not reported in the loaded dataset |
| Kpmg Llp | NONE | $128,255 | not reported in the loaded dataset |
| Groom Law Group | NONE | $124,525 | not reported in the loaded dataset |
| Directpath | NONE | $121,665 | not reported in the loaded dataset |
| Directpath | NONE | $104,573 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $93,975 | not reported in the loaded dataset |
| Hager Strategic | NONE | $90,193 | not reported in the loaded dataset |
| Claims Technoloogy Inc. | NONE | $60,788 | not reported in the loaded dataset |
| Kpmg Llp | NONE | $54,580 | not reported in the loaded dataset |
| Jp Morgan Chase Bank | NONE | $7,128 | $34,121 |
| Claim Technologies Inc. (Cti) | NONE | $37,600 | not reported in the loaded dataset |
| Jp Morgan Chase Bank | NONE | $36,614 | not reported in the loaded dataset |
| Peggy Edge Cpa | NONE | $32,411 | not reported in the loaded dataset |
| Jp Morgan Chase Bank | NONE | $31,132 | $0 |
| Jp Morgan Chase Bank | NONE | $25,151 | not reported in the loaded dataset |
| Peggy Edge Cpa | NONE | $23,952 | not reported in the loaded dataset |
| Peggy Edge Cpa | NONE | $20,213 | not reported in the loaded dataset |
| Willis Towers Watson | NONE | $20,000 | not reported in the loaded dataset |
| Aon Consulting Inc. | NONE | $20,000 | not reported in the loaded dataset |
| Peggy Edge Cpa | NONE | $19,458 | not reported in the loaded dataset |
| Hager Strategic | NONE | $14,259 | not reported in the loaded dataset |
| Pricewaterhousecoopers | NONE | $9,000 | not reported in the loaded dataset |
| Pricewaterhousecoopers | NONE | $7,600 | not reported in the loaded dataset |
| Pricewaterhousecoopers | NONE | $7,250 | not reported in the loaded dataset |