2023 Form 5500 filing — Pearson Inc. Pension 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 20241011085210NAL0022443105001) for Pearson Inc. Pension Plan, reported by Pearson Education, Inc. under EIN 22-1603684 and plan number 003. It reports 2,988 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241011085210NAL0022443105001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pearson Education, Inc.
- EIN
- 22-1603684
- Plan number
- 003
- Location
- Hoboken, NJ
- Participants
- 2,988
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $91,900,595
- Total liabilities (EOY)
- $134,768
- Net assets (EOY)
- $91,765,827
- Employer contributions
- $16,000,000
- Total income / additions
- $22,336,930
- Benefits paid
- $10,261,519
- Administrative expenses
- $2,116,874
- Total expenses
- $12,378,393
- Net increase / (decrease)
- $9,958,537
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Wtw | ACTUARY | $617,404 | not reported in the loaded dataset |
| Ellenoff Grossman & Schole Llp | NONE | $290,493 | not reported in the loaded dataset |
| Sei Investment Company | NONE | $194,790 | not reported in the loaded dataset |
| Segal Advisors | INVESTMENT ADVISORY | $21,805 | not reported in the loaded dataset |
| Legacy Professionals Llp | NONE | $17,250 | not reported in the loaded dataset |
| Citibank | NONE | $5,405 | not reported in the loaded dataset |