Baxalta Incorporated and Subsidiaries Pension Plan

• Opportunity

  Low returns

  Annual investment return is in the bottom quintile of the peer cohort.

  Schedule H, line 2
• Opportunity

  High cash

  More than 10% of assets are held in cash - possible menu-design or default-fund problem.

  Schedule H, lines 1a and 1c(1)
• Informational

  Wind-down / frozen

  Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.

  Lines 6a and 6g

Industry

33 - Manufacturing

Plan type

Defined benefit

Participants

<25

Cohort

1,321 peers

Snapshot

2025

Covers 71,410 large plans that list their funds in their annual filing. Updated Nov 6, 2026. Shares describe these plans, not the whole market.

• 1A
  Benefits are primarily pay related

  Benefits under the plan are primarily determined with reference to a participant's pay (e.g. final-average-pay formula).
• 1I
  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.
• 3H
  Controlled group member

  Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).
• 3J
  U.S.-based Puerto Rico dual-qualified plan

  U.S.-based plan that covers residents of Puerto Rico and is qualified under both Code section 401 and section 1165 of the Internal Revenue Code of Puerto Rico.