Legend Biotech 401(K) Plan — Form 5500 plan (Legend Biotech Usa, 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, Legend Biotech 401(K) Plan is a benefit plan reported by Legend Biotech Usa, Inc. under EIN 82-2688234 and plan number 001. The latest loaded filing year is 2023. The filing reports 919 participants and $42,105,321 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Legend Biotech Usa, Inc.
EIN
82-2688234
Plan number
001
Plan type
2
Location
Somerset, NJ
Latest filing year
2023
Participants
919
End-of-year plan assets
$42,105,321

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023919H, C20241014112005NAL0014831299001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$42,105,321
Total liabilities (EOY)
$0
Net assets (EOY)
$42,105,321
Net assets (BOY)
$23,903,135

Income & contributions

Employer contributions
$3,780,046
Participant contributions
$8,321,776
Total contributions
$14,301,966
Total income / additions
$20,127,598

Expenses & distributions

Benefits paid
$1,728,604
Administrative expenses
$189,992
Total expenses
$1,925,412
Net increase / (decrease)
$18,202,186

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Voya Retirement Insurance And AnnuiSERVICE PROVIDER$175,383$02023
Gallagher Benefit Services IncSERVICE PROVIDER$0$56,4042023
Pentegra Services Inc.THIRD PARTY ADMINISTRATO$0$19,5102023
Nppg Investment Services LLCSERVICE PROVIDER$0$8,5392023
Morningstar Investment ManagementSERVICE PROVIDER$5,034not reported in the loaded dataset2023

Related Form 5500 pages