Plan Snapshot
- Plan Sponsor: Takeda Pharmaceutical U.S.A., INC.
- Sponsor EIN: 134013710
- Sponsor Address: 500 KENDALL STREET, CAMBRIDGE, MA, 02142
- Plan Type: 401(k)
- Total Participants: 23,331
- Total Assets: $6.2B
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: Yes
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 23,331 | $6.2B | $258.7M | $224.2M |
| 2023 | 23,253 | $5.5B | $265.6M | $213.6M |
| 2022 | 21,791 | $4.5B | $228.9M | $190.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INV INST OPS CO., INC. | NONE | $1,501,131 | — | $1,501,131 |
| STRATEGIC ADVISORS | NONE | $924,136 | — | $924,136 |
| WILLIS TOWERS WATSON US LLC | NONE | $455,362 | — | $455,362 |
| MERCER | NONE | $114,975 | — | $114,975 |
| FORVIS MAZARS, LLP | NONE | $62,505 | — | $62,505 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INV INST OPS CO., INC. — NONE
- STRATEGIC ADVISORS — NONE
- WILLIS TOWERS WATSON US LLC — NONE
- FORVIS MAZARS, LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $3,058,109
- Estimated Expense Ratio: 0.049% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $2,971,785 | $924,136 | $8,100 | $62,505 | — |
| 2023 | $2,463,676 | $699,041 | $12,600 | $32,800 | — |
| 2022 | $3,683,223 | $2,246,426 | — | — | — |