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

SEC announcement ·  Jun 18 05:21
Summary by Futu AI
Paramount Global has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for the Paramount Global 401(k) Plan, which presents the net assets available for benefits and the changes in net assets for the year. The independent audit, conducted by PricewaterhouseCoopers LLP, concluded that the financial statements fairly present the plan's financial position in accordance with U.S. GAAP. The plan's net assets available for benefits increased from approximately $5.37 billion in 2022 to $6.11 billion in 2023. The report also details the plan's investments, which include a mix of common stocks, synthetic guaranteed investment contracts, and various funds. Paramount Global, headquartered in New York, oversees the administration of the 401(k) plan, which includes investments in the company's own Class A and Class B common stock. The plan allows for various employee contributions and offers matching employer contributions under certain conditions. The report was signed off on June 17, 2024, by members of the Administrative Committee.
Paramount Global has filed its annual 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes audited financial statements for the Paramount Global 401(k) Plan, which presents the net assets available for benefits and the changes in net assets for the year. The independent audit, conducted by PricewaterhouseCoopers LLP, concluded that the financial statements fairly present the plan's financial position in accordance with U.S. GAAP. The plan's net assets available for benefits increased from approximately $5.37 billion in 2022 to $6.11 billion in 2023. The report also details the plan's investments, which include a mix of common stocks, synthetic guaranteed investment contracts, and various funds. Paramount Global, headquartered in New York, oversees the administration of the 401(k) plan, which includes investments in the company's own Class A and Class B common stock. The plan allows for various employee contributions and offers matching employer contributions under certain conditions. The report was signed off on June 17, 2024, by members of the Administrative Committee.
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