Eli Lilly and Co has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes financial statements for The Lilly Employee 401(k) Plan and The Savings Plan for Lilly Affiliate Employees in Puerto Rico, collectively referred to as the Plans. The independent audit, conducted by Ernst & Young LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in accordance with U.S. GAAP. The Plans' assets include significant investments in Eli Lilly and Company common stock, registered investment companies, self-directed brokerage accounts, interests in common/collective trusts, and synthetic GICs. The report indicates a net increase in assets...Show More

Eli Lilly and Co has filed its annual Form 11-K report with the SEC for the fiscal year ended December 31, 2023. The report includes financial statements for The Lilly Employee 401(k) Plan and The Savings Plan for Lilly Affiliate Employees in Puerto Rico, collectively referred to as the Plans. The independent audit, conducted by Ernst & Young LLP, concluded that the financial statements present fairly the net assets available for benefits and the changes in net assets for the year in accordance with U.S. GAAP. The Plans' assets include significant investments in Eli Lilly and Company common stock, registered investment companies, self-directed brokerage accounts, interests in common/collective trusts, and synthetic GICs. The report indicates a net increase in assets available for benefits, with the 401(k) Plan's assets totaling approximately $11.13 billion and the Puerto Rico Plan's assets at about $441.87 million as of December 31, 2023. The Plans are in compliance with ERISA and are believed to be operated in accordance with the Internal Revenue Code and the Puerto Rico Code, maintaining their tax-exempt status.