2023 Form 5500 filing — Pacific Life Insurance Company Retirement Incentive Savings 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 20240712153618NAL0011435523001) for Pacific Life Insurance Company Retirement Incentive Savings Plan, reported by Pacific Life Insurance Company under EIN 95-1079000 and plan number 007. It reports 4,814 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240712153618NAL0011435523001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pacific Life Insurance Company
- EIN
- 95-1079000
- Plan number
- 007
- Location
- Newport Beach, CA
- Participants
- 4,814
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,596,156,511
- Total liabilities (EOY)
- $187,893
- Net assets (EOY)
- $1,595,968,618
- Employer contributions
- $47,945,840
- Participant contributions
- $46,933,759
- Total income / additions
- $347,042,584
- Benefits paid
- $121,020,487
- Administrative expenses
- $699,063
- Total expenses
- $121,754,490
- Net increase / (decrease)
- $225,288,094
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Principal Life Insurance Company | CONTRACT ADMINISTRATOR | $285,726 | $0 |
| Groom Law Group, Charter | INVESTMENT ADVISORY | $155,691 | not reported in the loaded dataset |
| Mercer Inv Consulting | INVESTMENT ADVISORY | $103,396 | not reported in the loaded dataset |
| Metropolitan Life Insurance | CONTRACT ADMINSTRATOR | $97,986 | not reported in the loaded dataset |
| Deloitte & Touche Llp | INVESTMENT ADVISORY | $56,264 | not reported in the loaded dataset |
| Morningstar Investment Management L | INV ADV, PARTICIPANTS | $0 | $0 |