2023 Form 5500 filing — The Pearson Retirement Plan 401(K)
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 20241014132434NAL0027382225001) for The Pearson Retirement Plan 401(K), reported by Pearson Education Inc under EIN 22-1603684 and plan number 002. It reports 19,135 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241014132434NAL0027382225001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Pearson Education Inc
- EIN
- 22-1603684
- Plan number
- 002
- Location
- Hoboken, NJ
- Participants
- 19,135
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $2,271,435,898
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $2,271,435,898
- Employer contributions
- $33,358,525
- Participant contributions
- $65,378,558
- Total income / additions
- $468,201,861
- Benefits paid
- $306,246,930
- Administrative expenses
- $2,003,921
- Total expenses
- $309,001,570
- Net increase / (decrease)
- $159,200,291
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Advisory Group, LLC | NONE | $1,246,043 | not reported in the loaded dataset |
| Empower Annuity Insurance Company | NONE | $478,754 | $0 |
| Willis Towers Watson Us LLC | NONE | $109,964 | not reported in the loaded dataset |
| Legacy Professionals Llp | NONE | $64,300 | not reported in the loaded dataset |
| Segal Advisors Inc | NONE | $51,495 | not reported in the loaded dataset |
| Ellenoff Grossman & Schole Llp | NONE | $44,890 | not reported in the loaded dataset |