Plan Snapshot
- Plan Sponsor: Takeda Pharmaceuticals U.S.A., INC
- Sponsor EIN: 134013710
- Sponsor Address: 730 STOCKTON DRIVE, EXTON, PA, 19341
- Plan Type: DB
- Total Participants: 482
- Total Assets: $394.8M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 482 | $394.8M | $38.0M | $0 |
| 2023 | 516 | $374.8M | $32.3M | $0 |
| 2022 | 549 | $333.8M | $30.0M | $0 |
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 |
|---|---|---|---|---|
| TOWERS WATSON | NONE | $1,405,951 | — | $1,405,951 |
| MERCER | NONE | $544,644 | — | $544,644 |
| STATE STREET BANK | NONE | $89,709 | — | $89,709 |
| CROWE LLP | NONE | $32,471 | — | $32,471 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $2,072,775
- Estimated Expense Ratio: 0.525% 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 | $2,457,207 | $544,644 | — | $32,471 | — |
| 2023 | $2,652,602 | $843,202 | — | $53,550 | — |
| 2022 | $2,424,202 | $550,991 | $91,452 | — | $489,214 |