Varian Medical Systems, Inc. Retirement Plan — Form 5500 plan (Varian Medical Systems, 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, Varian Medical Systems, Inc. Retirement Plan is a benefit plan reported by Varian Medical Systems, Inc. under EIN 94-2359345 and plan number 002. The latest loaded filing year is 2023. The filing reports 5,402 participants and $1,390,998,248 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Varian Medical Systems, Inc.
EIN
94-2359345
Plan number
002
Plan type
2
Location
Palo Alto, CA
Latest filing year
2023
Participants
5,402
End-of-year plan assets
$1,390,998,248

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20235,402H, C20241008180725NAL0008640051001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$1,390,998,248
Total liabilities (EOY)
$0
Net assets (EOY)
$1,390,998,248
Net assets (BOY)
$1,168,537,636

Income & contributions

Employer contributions
$30,344,133
Participant contributions
$54,707,384
Total contributions
$94,205,457
Total income / additions
$352,199,739

Expenses & distributions

Benefits paid
$129,368,809
Administrative expenses
$324,575
Total expenses
$129,739,127
Net increase / (decrease)
$222,460,612

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Strategic Advisors, Inc.ADVISOR$281,528not reported in the loaded dataset2023
Fidelity Investments InstitutionalRECORDKEEPER$43,047$02023

Related Form 5500 pages