2023 Form 5500 filing — Bae Systems Retiree 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 20241015170235NAL0050582752001) for Bae Systems Retiree Welfare Benefit Plan, reported by Bae Systems, Inc. under EIN 22-3537950 and plan number 515. It reports 6,648 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241015170235NAL0050582752001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Bae Systems, Inc.
- EIN
- 22-3537950
- Plan number
- 515
- Location
- Falls Church, VA
- Participants
- 6,648
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $162,100,738
- Total liabilities (EOY)
- $451,074
- Net assets (EOY)
- $161,649,664
- Employer contributions
- $415,251
- Participant contributions
- $337,291
- Total income / additions
- $9,203,072
- Benefits paid
- $9,590,237
- Administrative expenses
- $1,952,047
- Total expenses
- $11,542,284
- Net increase / (decrease)
- -$2,339,212
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Alight Solutions LLC | NONE | $356,765 | not reported in the loaded dataset |
| Jpmorgan Chase Bank, N.A. | NONE | $323,201 | $0 |
| Aon Consulting Inc. | NONE | $101,571 | not reported in the loaded dataset |
| Deloitte & Touche Llp | NONE | $93,975 | not reported in the loaded dataset |
| Cigna | NONE | $72,364 | $0 |
| Groom Law Group | NONE | $71,517 | not reported in the loaded dataset |
| Pricewaterhousecoopers (Pwc) | NONE | $19,080 | not reported in the loaded dataset |
| Hager Strategic, Inc. | NONE | $12,219 | not reported in the loaded dataset |
| Willis Towers Watson | NONE | $11,988 | not reported in the loaded dataset |
| Rhk Consulting LLC | NONE | $6,488 | not reported in the loaded dataset |