share_log

IBM Corp | 11-K: Annual report of employee stock purchase, savings and similar plans (and amendment thereto)

SEC announcement ·  Jun 15 04:18
Summary by Futu AI
The IBM 401(k) Plus Plan has successfully filed its annual report (Form 11-K) for the fiscal year ending December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). The report, audited by PricewaterhouseCoopers LLP, confirms that the financial statements accurately represent the plan's financial position. The plan, administered by IBM's Retirement Plans Committee, showed an increase in net assets from $52,423,853 to $56,940,324 over the year. The diverse investment portfolio includes equity mutual funds, common stocks, and fixed income, among others. Contributions to the plan came from various sources, including participant and employer contributions, while distributions included participant payments and administrative expenses. Notably, the plan will undergo a change effective January 1, 2024, with retirement-related benefits and contributions ceasing as the plan is renamed the IBM 401(k) Plan. PricewaterhouseCoopers LLP has been auditing the plan since at least 1988.
The IBM 401(k) Plus Plan has successfully filed its annual report (Form 11-K) for the fiscal year ending December 31, 2023, with the U.S. Securities and Exchange Commission (SEC). The report, audited by PricewaterhouseCoopers LLP, confirms that the financial statements accurately represent the plan's financial position. The plan, administered by IBM's Retirement Plans Committee, showed an increase in net assets from $52,423,853 to $56,940,324 over the year. The diverse investment portfolio includes equity mutual funds, common stocks, and fixed income, among others. Contributions to the plan came from various sources, including participant and employer contributions, while distributions included participant payments and administrative expenses. Notably, the plan will undergo a change effective January 1, 2024, with retirement-related benefits and contributions ceasing as the plan is renamed the IBM 401(k) Plan. PricewaterhouseCoopers LLP has been auditing the plan since at least 1988.
Helpful
Not Helpful

This announcement is a separate document:

Doc 1

Doc 2

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.