Retirement plan

TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN

Name: TAKEDA PHARMACEUTICAL U.S.A., INC. - TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN (2024) Form 5500
Creator: TAKEDA PHARMACEUTICAL U.S.A., INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN, TAKEDA PHARMACEUTICAL U.S.A., INC.

TAKEDA PHARMACEUTICAL U.S.A., INC.EIN 13-4013710Plan #001PY 2024

500 KENDALL STREET - CAMBRIDGE, MA 02142847-383-3000

Other plans on this EIN

2 filings

#003Retirement-$394.8M assets #002Retirement-$3.5M assets

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$6181M

-10.4% from 2016

Total participants

39,061

+1.0% from 2016

Average account balance

$160,386

-7.9% from 2016

Annual return

15.24%

-10.44 pp from 2016

Benchmarks

See 98 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants>=10,000

Cohort98 peers

Snapshot2024

Participant deferral / active EE

$9,608

median $8,651

Employer contribution / active EE

$11,090

median $5,348

Participation rate

97.8%

median 96.5%

Avg account balance

$160,386

median $170,590

Admin fee / account holder

$77

median $62

Annual return

15.24%

median 15.21%

Overall peer rank

57of 100

57th percentileavg across 6 metrics

Analytics

2015 - 2024

Total assets (EOY)

Plan-year ending balance

$6.18B

Average account balance

Total assets / participants with a balance (line 6g)

$160K

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

38,538

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

97.8%

Contributions (total)

Employer and participant dollars contributed each year

$482.89M

Contributions per participant

Average employer and participant contribution per enrolled participant

$21K

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+15.24%

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$77

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Mutual / pooled
Stocks
Bonds
Cash
Real estate
Loans

Service providers

Top 5 by compensation

Provider	Service type	Compensation
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Filed as: FIDELITY INV INST OPS CO., INC. Service code 37 · EIN 04-2647786	Loan Processing	$1,501,131
STRATEGIC ADVISORS, INC.5 years Filed as: STRATEGIC ADVISORS Service code 27 · EIN 04-2654524	Advisory (Plan)	$924,136
WILLIS TOWERS WATSON US LLC2 years Service code 16 · EIN 53-0181291	Consulting	$455,362
MERCER3 years Service code 16 · EIN 30-0282430	Consulting	$114,975
FORVIS, LLP2 years Filed as: FORVIS MAZARS, LLP Service code 10 · EIN 44-0160260	Accounting	$62,505

Plan features & details

Pension benefit codes2E2G2J2K2R2T3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$3.0M

$127 / participant

Recordkeeping$1M47.5%
Investment mgmt$924K31.1%
Contract admin$8K0.3%
Other / not subdivided$629K21.2%

% of EOY assets

0.048%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: FORVIS MAZARS, LLP
Auditor EIN: 440160260
Audit fees: $62,505
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$160,386

$178,759-10.3%

$102,460+56.5%

$106,553+50.5%

Participation rate

97.8%

91.3%+6.5pp

76.5%+21.2pp

69.8%+27.9pp

Annual return

15.24%

17.23%-2.0pp

29.47%-14.2pp

17.37%-2.1pp

Employer contribution / active EE

$11,090

$5,750+92.9%

$3,025+266.6%

$3,359+230.2%

Participant deferral / active EE

$9,608

$9,466+1.5%

$5,056+90.0%

$5,562+72.7%

Admin fee / account holder

$77

$62+24.1%

$9,460-99.2%

$80-3.2%

Provider

Service type

Compensation

FIDELITY INVESTMENTS INSTITUTIONAL10+ years

Filed as: FIDELITY INV INST OPS CO., INC.

Service code 37 · EIN 04-2647786

Loan Processing

$1,501,131

STRATEGIC ADVISORS, INC.5 years

Filed as: STRATEGIC ADVISORS

Service code 27 · EIN 04-2654524

Advisory (Plan)

$924,136

WILLIS TOWERS WATSON US LLC2 years

Service code 16 · EIN 53-0181291

Consulting

$455,362

MERCER3 years

Service code 16 · EIN 30-0282430

Consulting

$114,975

FORVIS, LLP2 years

Filed as: FORVIS MAZARS, LLP

Service code 10 · EIN 44-0160260

Accounting

$62,505

TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TAKEDA PHARMACEUTICAL U.S.A., INC. SAVINGS AND RETIREMENT PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion