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BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 401k Plan overview

Plan NameBAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN
Plan identification number 003

BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Frozen Plan - As of the last day of the plan year, the plan provides that no participant will get any new benefit accrual (whether because of service or compensation).
  • Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).
  • U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Puerto Rico Code.

401k Sponsoring company profile

TAKEDA PHARMACEUTICAL U.S.A., INC. has sponsored the creation of one or more 401k plans.

Company Name:TAKEDA PHARMACEUTICAL U.S.A., INC.
Employer identification number (EIN):134013710
NAIC Classification:339900

Form 5500 Filing Information

Submission information for form 5500 for 401k plan BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0032022-01-01
0032021-01-01
0032020-01-01
0032019-01-01

Plan Statistics for BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN

401k plan membership statisitcs for BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN

Measure Date Value
2022: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2022 401k membership
Market value of plan assets2022-12-31379,764,962
Acturial value of plan assets2022-12-31360,606,912
Funding target for retired participants and beneficiaries receiving payment2022-12-31150,571,437
Number of terminated vested participants2022-12-31586
Fundng target for terminated vested participants2022-12-3194,575,573
Active participant vested funding target2022-12-3199,420,187
Number of active participants2022-12-31591
Total funding liabilities for active participants2022-12-31106,237,220
Total participant count2022-12-311,542
Total funding target for all participants2022-12-31351,384,230
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-310
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-310
Present value of excess contributions2022-12-3111,178,276
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-3111,747,250
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-310
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-310
Total employer contributions2022-12-3130,000,000
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-3128,119,989
Liquidity shortfalls end of Q12022-12-310
Liquidity shortfalls end of Q22022-12-310
Liquidity shortfalls end of Q32022-12-310
Liquidity shortfalls end of Q42022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-311,500,000
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-310
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-310
Contributions allocatedtoward minimum required contributions for current year2022-12-3128,119,989
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
Total participants, beginning-of-year2022-01-011,524
Total number of active participants reported on line 7a of the Form 55002022-01-01549
Number of retired or separated participants receiving benefits2022-01-01382
Number of other retired or separated participants entitled to future benefits2022-01-01593
Total of all active and inactive participants2022-01-011,524
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-0117
Total participants2022-01-011,541
Number of participants with account balances2022-01-010
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-010
2021: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2021 401k membership
Market value of plan assets2021-12-31326,694,969
Acturial value of plan assets2021-12-31303,540,623
Funding target for retired participants and beneficiaries receiving payment2021-12-31134,146,257
Number of terminated vested participants2021-12-31576
Fundng target for terminated vested participants2021-12-3199,981,841
Active participant vested funding target2021-12-31116,724,080
Number of active participants2021-12-31659
Total funding liabilities for active participants2021-12-31126,028,540
Total participant count2021-12-311,542
Total funding target for all participants2021-12-31360,156,638
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-310
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-310
Present value of excess contributions2021-12-31667,073
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-31704,096
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-310
Total employer contributions2021-12-3125,970,560
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-3124,493,814
Liquidity shortfalls end of Q12021-12-310
Liquidity shortfalls end of Q22021-12-310
Liquidity shortfalls end of Q32021-12-310
Liquidity shortfalls end of Q42021-12-310
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-311,500,000
Net shortfall amortization installment of oustanding balance2021-12-3156,616,015
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-3113,315,538
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-310
Additional cash requirement2021-12-3113,315,538
Contributions allocatedtoward minimum required contributions for current year2021-12-3124,493,814
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
Total participants, beginning-of-year2021-01-011,542
Total number of active participants reported on line 7a of the Form 55002021-01-01591
Number of retired or separated participants receiving benefits2021-01-01346
Number of other retired or separated participants entitled to future benefits2021-01-01572
Total of all active and inactive participants2021-01-011,509
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-0115
Total participants2021-01-011,524
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010
2020: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2020 401k membership
Market value of plan assets2020-12-31292,350,172
Acturial value of plan assets2020-12-31281,172,198
Funding target for retired participants and beneficiaries receiving payment2020-12-31114,459,383
Number of terminated vested participants2020-12-31532
Fundng target for terminated vested participants2020-12-3175,317,892
Active participant vested funding target2020-12-31125,235,728
Number of active participants2020-12-31739
Total funding liabilities for active participants2020-12-31136,235,962
Total participant count2020-12-311,537
Total funding target for all participants2020-12-31326,013,237
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-310
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-310
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-310
Total employer contributions2020-12-3111,468,251
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-3110,970,560
Liquidity shortfalls end of Q12020-12-310
Liquidity shortfalls end of Q22020-12-310
Liquidity shortfalls end of Q32020-12-310
Liquidity shortfalls end of Q42020-12-310
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-311,500,000
Net shortfall amortization installment of oustanding balance2020-12-3144,841,039
Waiver amortization installment2020-12-310
Total funding amount beforereflecting carryover/prefunding balances2020-12-3110,303,487
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-310
Additional cash requirement2020-12-3110,303,487
Contributions allocatedtoward minimum required contributions for current year2020-12-3110,970,560
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
Total participants, beginning-of-year2020-01-011,590
Total number of active participants reported on line 7a of the Form 55002020-01-01659
Number of retired or separated participants receiving benefits2020-01-01297
Number of other retired or separated participants entitled to future benefits2020-01-01575
Total of all active and inactive participants2020-01-011,531
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2020-01-0111
Total participants2020-01-011,542
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2020-01-010
2019: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2019 401k membership
Market value of plan assets2019-12-31240,170,494
Acturial value of plan assets2019-12-31258,027,347
Funding target for retired participants and beneficiaries receiving payment2019-12-3199,661,883
Number of terminated vested participants2019-12-31517
Fundng target for terminated vested participants2019-12-3170,533,320
Active participant vested funding target2019-12-31122,677,245
Number of active participants2019-12-31792
Total funding liabilities for active participants2019-12-31134,840,928
Total participant count2019-12-311,536
Total funding target for all participants2019-12-31305,036,131
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-310
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-310
Present value of excess contributions2019-12-31183
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-31194
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-310
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-310
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-310
Total employer contributions2019-12-3110,276,674
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-319,672,407
Liquidity shortfalls end of Q12019-12-310
Liquidity shortfalls end of Q22019-12-310
Liquidity shortfalls end of Q32019-12-310
Liquidity shortfalls end of Q42019-12-310
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-311,500,000
Net shortfall amortization installment of oustanding balance2019-12-3147,008,784
Waiver amortization installment2019-12-310
Total funding amount beforereflecting carryover/prefunding balances2019-12-319,672,407
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-310
Additional cash requirement2019-12-319,672,407
Contributions allocatedtoward minimum required contributions for current year2019-12-319,672,407
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
Total participants, beginning-of-year2019-01-011,536
Total number of active participants reported on line 7a of the Form 55002019-01-01792
Number of retired or separated participants receiving benefits2019-01-01259
Number of other retired or separated participants entitled to future benefits2019-01-01532
Total of all active and inactive participants2019-01-011,583
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2019-01-017
Total participants2019-01-011,590
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2019-01-010

Financial Data on BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN

Measure Date Value
2022 : BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets2022-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2022-12-31$0
Total income from all sources (including contributions)2022-12-31$-32,310,654
Total loss/gain on sale of assets2022-12-31$0
Total of all expenses incurred2022-12-31$14,059,146
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2022-12-31$11,634,944
Total contributions o plan (from employers,participants, others, non cash contrinutions)2022-12-31$30,000,000
Value of total assets at end of year2022-12-31$333,816,138
Value of total assets at beginning of year2022-12-31$380,185,938
Total of administrative expenses incurred including professional, contract, advisory and management fees2022-12-31$2,424,202
Total interest from all sources2022-12-31$99,673
Total dividends received (eg from common stock, registered investment company shares)2022-12-31$590,291
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2022-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2022-12-31$590,291
Administrative expenses professional fees incurred2022-12-31$489,214
Was this plan covered by a fidelity bond2022-12-31Yes
Value of fidelity bond cover2022-12-31$10,000,000
If this is an individual account plan, was there a blackout period2022-12-31No
Were there any nonexempt tranactions with any party-in-interest2022-12-31No
Value of other receiveables (less allowance for doubtful accounts) at end of year2022-12-31$12,216,587
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2022-12-31$28,618
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2022-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2022-12-31$0
Other income not declared elsewhere2022-12-31$-2
Administrative expenses (other) incurred2022-12-31$1,292,545
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Value of net income/loss2022-12-31$-46,369,800
Value of net assets at end of year (total assets less liabilities)2022-12-31$333,816,138
Value of net assets at beginning of year (total assets less liabilities)2022-12-31$380,185,938
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2022-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2022-12-31No
Were any leases to which the plan was party in default or uncollectible2022-12-31No
Investment advisory and management fees2022-12-31$550,991
Value of interest in registered invesment companies (eg mutual funds) at end of year2022-12-31$0
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2022-12-31$78,372,204
Interest earned on other investments2022-12-31$5
Value of interest in common/collective trusts at end of year2022-12-31$290,319,800
Value of interest in common/collective trusts at beginning of year2022-12-31$256,677,873
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2022-12-31$8,779,751
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2022-12-31$11,769,003
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2022-12-31$11,769,003
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2022-12-31$99,668
Assets. Value of investments in 103.12 investment entities at end of year2022-12-31$0
Assets. Value of investments in 103.12 investment entities at beginning of year2022-12-31$15,595,600
Net investment gain/loss from registered investment companies (e.g. mutual funds)2022-12-31$-14,503,863
Net investment gain or loss from common/collective trusts2022-12-31$-48,496,753
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2022-12-31Yes
Was there a failure to transmit to the plan any participant contributions2022-12-31No
Has the plan failed to provide any benefit when due under the plan2022-12-31No
Contributions received in cash from employer2022-12-31$30,000,000
Employer contributions (assets) at end of year2022-12-31$22,500,000
Employer contributions (assets) at beginning of year2022-12-31$17,742,640
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2022-12-31$11,634,944
Contract administrator fees2022-12-31$91,452
Did the plan have assets held for investment2022-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2022-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2022-12-31No
Opinion of an independent qualified public accountant for this plan2022-12-31Unqualified
Accountancy firm name2022-12-31CROWE LLP
Accountancy firm EIN2022-12-31350921680
2021 : BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets2021-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2021-12-31$2,699,991
Total income from all sources (including contributions)2021-12-31$66,089,797
Total loss/gain on sale of assets2021-12-31$0
Total of all expenses incurred2021-12-31$12,671,054
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2021-12-31$10,479,519
Total contributions o plan (from employers,participants, others, non cash contrinutions)2021-12-31$25,970,560
Value of total assets at end of year2021-12-31$380,185,938
Value of total assets at beginning of year2021-12-31$329,467,186
Total of administrative expenses incurred including professional, contract, advisory and management fees2021-12-31$2,191,535
Total interest from all sources2021-12-31$-869
Total dividends received (eg from common stock, registered investment company shares)2021-12-31$4,991,137
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2021-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2021-12-31$4,991,137
Administrative expenses professional fees incurred2021-12-31$537,128
Was this plan covered by a fidelity bond2021-12-31Yes
Value of fidelity bond cover2021-12-31$10,000,000
If this is an individual account plan, was there a blackout period2021-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0
Were there any nonexempt tranactions with any party-in-interest2021-12-31No
Assets. Other investments not covered elsewhere at end of year2021-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2021-12-31$0
Value of other receiveables (less allowance for doubtful accounts) at end of year2021-12-31$28,618
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2021-12-31$1,500,000
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2021-12-31$0
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2021-12-31$2,699,991
Administrative expenses (other) incurred2021-12-31$845,724
Total non interest bearing cash at end of year2021-12-31$0
Total non interest bearing cash at beginning of year2021-12-31$750,000
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Value of net income/loss2021-12-31$53,418,743
Value of net assets at end of year (total assets less liabilities)2021-12-31$380,185,938
Value of net assets at beginning of year (total assets less liabilities)2021-12-31$326,767,195
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2021-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2021-12-31No
Were any leases to which the plan was party in default or uncollectible2021-12-31No
Investment advisory and management fees2021-12-31$69,486
Value of interest in registered invesment companies (eg mutual funds) at end of year2021-12-31$78,372,204
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2021-12-31$86,703,169
Value of interest in common/collective trusts at end of year2021-12-31$256,677,873
Value of interest in common/collective trusts at beginning of year2021-12-31$212,544,321
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2021-12-31$11,769,003
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2021-12-31$9,196,286
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2021-12-31$9,196,286
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2021-12-31$-869
Assets. Value of investments in 103.12 investment entities at end of year2021-12-31$15,595,600
Assets. Value of investments in 103.12 investment entities at beginning of year2021-12-31$14,559,465
Net investment gain/loss from registered investment companies (e.g. mutual funds)2021-12-31$6,526,933
Net investment gain or loss from common/collective trusts2021-12-31$28,602,036
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2021-12-31Yes
Was there a failure to transmit to the plan any participant contributions2021-12-31No
Has the plan failed to provide any benefit when due under the plan2021-12-31No
Contributions received in cash from employer2021-12-31$25,970,560
Employer contributions (assets) at end of year2021-12-31$17,742,640
Employer contributions (assets) at beginning of year2021-12-31$4,213,945
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2021-12-31$10,479,519
Contract administrator fees2021-12-31$739,197
Did the plan have assets held for investment2021-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2021-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2021-12-31No
Opinion of an independent qualified public accountant for this plan2021-12-31Unqualified
Accountancy firm name2021-12-31CROWE LLP
Accountancy firm EIN2021-12-31350921680
2020 : BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets2020-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$2,699,991
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2020-12-31$0
Total income from all sources (including contributions)2020-12-31$46,130,455
Total loss/gain on sale of assets2020-12-31$0
Total of all expenses incurred2020-12-31$11,881,517
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2020-12-31$9,247,254
Total contributions o plan (from employers,participants, others, non cash contrinutions)2020-12-31$11,468,251
Value of total assets at end of year2020-12-31$329,467,186
Value of total assets at beginning of year2020-12-31$292,518,257
Total of administrative expenses incurred including professional, contract, advisory and management fees2020-12-31$2,634,263
Total interest from all sources2020-12-31$31,601
Total dividends received (eg from common stock, registered investment company shares)2020-12-31$2,682,815
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2020-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2020-12-31$2,682,815
Administrative expenses professional fees incurred2020-12-31$404,150
Was this plan covered by a fidelity bond2020-12-31Yes
Value of fidelity bond cover2020-12-31$10,000,000
If this is an individual account plan, was there a blackout period2020-12-31No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2020-12-31$0
Were there any nonexempt tranactions with any party-in-interest2020-12-31No
Assets. Other investments not covered elsewhere at end of year2020-12-31$0
Assets. Other investments not covered elsewhere at beginning of year2020-12-31$13,722,996
Value of other receiveables (less allowance for doubtful accounts) at end of year2020-12-31$1,500,000
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2020-12-31$204,730
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year2020-12-31$2,699,991
Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year2020-12-31$0
Other income not declared elsewhere2020-12-31$836,469
Administrative expenses (other) incurred2020-12-31$1,288,924
Total non interest bearing cash at end of year2020-12-31$750,000
Total non interest bearing cash at beginning of year2020-12-31$0
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Value of net income/loss2020-12-31$34,248,938
Value of net assets at end of year (total assets less liabilities)2020-12-31$326,767,195
Value of net assets at beginning of year (total assets less liabilities)2020-12-31$292,518,257
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2020-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2020-12-31No
Were any leases to which the plan was party in default or uncollectible2020-12-31No
Investment advisory and management fees2020-12-31$841,221
Value of interest in registered invesment companies (eg mutual funds) at end of year2020-12-31$86,703,169
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2020-12-31$80,144,433
Value of interest in common/collective trusts at end of year2020-12-31$212,544,321
Value of interest in common/collective trusts at beginning of year2020-12-31$184,575,469
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2020-12-31$9,196,286
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2020-12-31$8,088,957
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2020-12-31$8,088,957
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2020-12-31$31,601
Assets. Value of investments in 103.12 investment entities at end of year2020-12-31$14,559,465
Assets. Value of investments in 103.12 investment entities at beginning of year2020-12-31$0
Net investment gain/loss from registered investment companies (e.g. mutual funds)2020-12-31$2,025,922
Net investment gain or loss from common/collective trusts2020-12-31$29,085,397
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2020-12-31Yes
Was there a failure to transmit to the plan any participant contributions2020-12-31No
Has the plan failed to provide any benefit when due under the plan2020-12-31No
Contributions received in cash from employer2020-12-31$11,468,251
Employer contributions (assets) at end of year2020-12-31$4,213,945
Employer contributions (assets) at beginning of year2020-12-31$5,781,672
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2020-12-31$9,247,254
Contract administrator fees2020-12-31$99,968
Did the plan have assets held for investment2020-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2020-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2020-12-31No
Opinion of an independent qualified public accountant for this plan2020-12-31Unqualified
Accountancy firm name2020-12-31CROWE LLP
Accountancy firm EIN2020-12-31350921680
2019 : BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets2019-12-31$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)2019-12-31$0
Total income from all sources (including contributions)2019-12-31$61,995,074
Total loss/gain on sale of assets2019-12-31$0
Total of all expenses incurred2019-12-31$9,673,492
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others2019-12-31$7,836,988
Total contributions o plan (from employers,participants, others, non cash contrinutions)2019-12-31$10,276,674
Value of total assets at end of year2019-12-31$292,518,257
Value of total assets at beginning of year2019-12-31$240,196,675
Total of administrative expenses incurred including professional, contract, advisory and management fees2019-12-31$1,836,504
Total interest from all sources2019-12-31$164,881
Total dividends received (eg from common stock, registered investment company shares)2019-12-31$3,709,971
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year2019-12-31No
Total dividends received from registered investment company shares (eg mutual funds)2019-12-31$3,709,971
Administrative expenses professional fees incurred2019-12-31$388,266
Was this plan covered by a fidelity bond2019-12-31Yes
Value of fidelity bond cover2019-12-31$15,000,000
If this is an individual account plan, was there a blackout period2019-12-31No
Were there any nonexempt tranactions with any party-in-interest2019-12-31No
Assets. Other investments not covered elsewhere at end of year2019-12-31$13,722,996
Assets. Other investments not covered elsewhere at beginning of year2019-12-31$11,907,425
Value of other receiveables (less allowance for doubtful accounts) at end of year2019-12-31$204,730
Value of other receiveables (less allowance for doubtful accounts) at beginning of year2019-12-31$14,083
Other income not declared elsewhere2019-12-31$515,571
Administrative expenses (other) incurred2019-12-31$951,041
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Value of net income/loss2019-12-31$52,321,582
Value of net assets at end of year (total assets less liabilities)2019-12-31$292,518,257
Value of net assets at beginning of year (total assets less liabilities)2019-12-31$240,196,675
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)2019-12-31No
Were any loans by the plan or fixed income obligations due to the plan in default2019-12-31No
Were any leases to which the plan was party in default or uncollectible2019-12-31No
Investment advisory and management fees2019-12-31$467,266
Value of interest in registered invesment companies (eg mutual funds) at end of year2019-12-31$80,144,433
Value of interest in registered invesment companies (eg mutual funds) at beginning of year2019-12-31$65,405,899
Interest earned on other investments2019-12-31$2,031
Value of interest in common/collective trusts at end of year2019-12-31$184,575,469
Value of interest in common/collective trusts at beginning of year2019-12-31$149,653,118
Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year2019-12-31$8,088,957
Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year2019-12-31$11,983,385
Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year2019-12-31$11,983,385
Interest earned from interest bearing cash (including money market accounts and certificates of deposit)2019-12-31$162,850
Net investment gain/loss from registered investment companies (e.g. mutual funds)2019-12-31$11,728,662
Net investment gain or loss from common/collective trusts2019-12-31$35,599,315
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets2019-12-31Yes
Was there a failure to transmit to the plan any participant contributions2019-12-31No
Has the plan failed to provide any benefit when due under the plan2019-12-31No
Contributions received in cash from employer2019-12-31$10,276,674
Employer contributions (assets) at end of year2019-12-31$5,781,672
Employer contributions (assets) at beginning of year2019-12-31$1,232,765
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers2019-12-31$7,836,988
Contract administrator fees2019-12-31$29,931
Did the plan have assets held for investment2019-12-31Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser2019-12-31No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC2019-12-31No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)2019-12-31No
Opinion of an independent qualified public accountant for this plan2019-12-31Unqualified
Accountancy firm name2019-12-31CROWE LLP
Accountancy firm EIN2019-12-31350921680

Form 5500 Responses for BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN

2022: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes
2020: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2020 form 5500 responses
2020-01-01Type of plan entitySingle employer plan
2020-01-01Submission has been amendedNo
2020-01-01This submission is the final filingNo
2020-01-01This return/report is a short plan year return/report (less than 12 months)No
2020-01-01Plan is a collectively bargained planNo
2020-01-01Plan funding arrangement – TrustYes
2020-01-01Plan benefit arrangement - TrustYes
2019: BAXALTA INCORPORATED AND SUBSIDIARIES PENSION PLAN 2019 form 5500 responses
2019-01-01Type of plan entitySingle employer plan
2019-01-01Submission has been amendedYes
2019-01-01This submission is the final filingNo
2019-01-01This return/report is a short plan year return/report (less than 12 months)No
2019-01-01Plan is a collectively bargained planNo
2019-01-01Plan funding arrangement – TrustYes
2019-01-01Plan benefit arrangement - TrustYes

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