2023 Form 5500 filing — American Red Cross 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 20240916165803NAL0004092898001) for American Red Cross Savings Plan, reported by American National Red Cross under EIN 53-0196605 and plan number 008. It reports 24,163 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240916165803NAL0004092898001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- American National Red Cross
- EIN
- 53-0196605
- Plan number
- 008
- Location
- Washington, DC
- Participants
- 24,163
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $1,534,342,529
- Total liabilities (EOY)
- $4,741,401
- Net assets (EOY)
- $1,529,601,128
- Employer contributions
- $40,416,010
- Participant contributions
- $82,897,246
- Total income / additions
- $352,275,703
- Benefits paid
- $125,256,366
- Administrative expenses
- $2,499,614
- Total expenses
- $128,436,286
- Net increase / (decrease)
- $223,839,417
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Edelman Financial Engines LLC | NONE | $1,056,193 | not reported in the loaded dataset |
| Alight Solutions LLC | NONE | $1,000,916 | $25,000 |
| Northern Trust Inc. | TRUSTEE | $188,769 | $0 |
| Kpmg Llp | NONE | $106,300 | not reported in the loaded dataset |
| Ballard Spahr Llp | NONE | $50,820 | not reported in the loaded dataset |
| American Red Cross | EMPLOYEESOF PLAN SPONSOR | $48,785 | not reported in the loaded dataset |
| Groom Law Group | NONE | $18,345 | not reported in the loaded dataset |
| Adsuar Muniz Goyco & Besoa Psc | NONE | $11,504 | not reported in the loaded dataset |
| Willis Tower Watson | NONE | $10,038 | not reported in the loaded dataset |
| Pershing LLC | NONE | $0 | $7,964 |
| Robert Half | NONE | $7,930 | not reported in the loaded dataset |
| Alight Financial Solutions, LLC | NONE | $0 | $2,808 |