Globe Life Inc. Pension Plan — Form 5500 plan (Globe Life Inc.)
Plain-English plan 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, Globe Life Inc. Pension Plan is a benefit plan reported by Globe Life Inc. under EIN 63-0780404 and plan number 002. The latest loaded filing year is 2023. The filing reports 4,707 participants and $547,330,932 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Globe Life Inc.
- EIN
- 63-0780404
- Plan number
- 002
- Plan type
- 2
- Location
- Mckinney, TX
- Latest filing year
- 2023
- Participants
- 4,707
- End-of-year plan assets
- $547,330,932
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 4,707 | H, C | 20241015170504NAL0016936435001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $547,330,932
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $547,330,932
- Net assets (BOY)
- $456,658,956
Income & contributions
- Employer contributions
- $40,000,000
- Total contributions
- $40,000,000
- Total income / additions
- $114,020,136
Expenses & distributions
- Benefits paid
- $22,645,651
- Administrative expenses
- $702,509
- Total expenses
- $23,348,160
- Net increase / (decrease)
- $90,671,976
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Willis Towers Watson Us LLC | NONE | $166,396 | not reported in the loaded dataset | 2023 |
| Comerica | NONE | $39,238 | $0 | 2023 |
| Lane Gorman Trubitt, LLC | NONE | $36,700 | not reported in the loaded dataset | 2023 |
| Northern Trust | NONE | $9,551 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Globe Life Inc.
- 2023 Form 5500 filing
- Form 5500 filings in TX
- 401(k) and benefit plan filings in Mckinney, TX
- Willis Towers Watson Us LLC — Schedule C compensation
- Comerica — Schedule C compensation
- Lane Gorman Trubitt, LLC — Schedule C compensation
- Northern Trust — Schedule C compensation