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Plan Information

  • Plan Year01/01/2015 — 12/31/2015
  • Date of Plan07/01/1956
  • Net Assets as of 12/31/2015 $5,664,759,118
  • Plan Number2
  • Plan Type Single Employer
  • Is the plan collectively bargained? No
  • Did the plan file for an extension of time or the DFVC Program?Yes
  • Plan Funding Arrangement Trust
  • Plan Benefit Arrangement Trust

Participant Information as of 12/31/2015

  • Active (Eligible) Participants18,401
  • Retired or separated participants receiving benefits80
  • Other retired or separated participants entitled to future benefits7,512
  • Subtotal25,993
  • Deceased participants whose beneficiaries are receiving or are entitled to receive benefits331
  • Total26,324
  • Total number of participants as of 01/01/201525,609
  • Number of participants with account balances25,864
  • Number of participants that terminated employment during the plan year with accrued benefits that were less than 100% vested134


  • Total Benefit Payments$0
  • Corrective Distributions$0
  • Administrative Service Providers$0
  • Other Expenses$0
  • Total Expenses$0
  • Total Transfers$0

Sponsor Information

  • AddressLilly Corporate Center
  • CityIndianapolis
  • StateIN
  • Zip46285-0002
  • Telephone(317) 276-2000
  • EIN35-0470950
  • Industry Code325410
  • Named AdministratorStacey Roberson
  • Named Plan SponsorSusan Ridlen

Plan Administrator Information

  • Administrator NameEli Lilly and Company
  • AddressLilly Corporate Center
  • CityIndianapolis
  • StateIN
  • Zip46285-0002
  • Telephone(317) 276-2000
  • Administrator EIN35-0470950

Audit Information

  • Audit StatusAudited
  • AuditorErnst & Young LLP
  • Auditor EIN34-6565596
  • Audit OpinionUnqualified
  • Audit Type Full Audit

Benefits Provided Under the Plan

Code Benefit Description
2E Profit-sharing A defined contribution plan that allows employer discretionary contributions. These plans often contain a 401(k) feature.
2F ERISA section 404(c) Plan This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
2G Total participant-directed account plan Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2I Stock bonus A stock bonus plan is a type of profit-sharing by which a corporation uses its own stock to make contributions and distributions.
2J Code section 401(k) feature A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees 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 if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
2R Brokerage Window Participant-directed brokerage accounts provided as an investment option under the plan.
2S Automatic Enrollment Plan provides for automatic enrollment in plan that has employee contributions deducted from payroll.
2T Participant-directed Account Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
3F Leased Employees Plan sponsor(s) received services of leased employees, as defined in Code section 414(n), during the plan year.
3H Controlled Group Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b), (c), or (m)).

Questions and Answers

Question Answer Amount
During the plan year did the employer fail to transmit to the plan any participant contributions within the time period described in 29 CFT 2510.3-102? No
Were any loans by the plan or fixed income obligations due the plan in default as of the close of plan year or classified during the year as uncollectible? Disregard participant loans secured by participant's account balance. No
Were any leases to which the plan was a party in default or classified during the year as uncollectible? No
Were there any nonexempt transactions with any party-in-interest? No
Was this plan covered by a fidelity bond? Yes $35,000,000
Did the plan have a loss, whether or not reimbursed by the plan's fidelity bond, that was caused by fraud or dishonesty? No
Did the plan hold any assets whose current value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan receive any noncash contributions whose value was neither readily determinable on an established market nor set by an independent third party appraiser? No
Did the plan have assets held for investment? Yes
Were any plan transactions or series of transactions in excess of 5% of the current value of plan assets? No
Were all the plan assets either distributed to participants or beneficiaries, transferred to another plan, or brought under the control of the PBGC? No
Has the plan failed to provide any benefit when due under the plan? No
If this is an individual account plan, was there a blackout period? No
If there was a blackout period, have you either provided the required notice or one of the exceptions to providing the notice applied under 29 CFR 2520.101-3? No


Income and Expense Statement

Income $478,738,504
Contributions $319,901,413
Cash Contributions $319,901,413
Cash from Employers $105,779,327
Cash from Participants $214,122,086
Others (including rollovers) $0
Noncash Contributions $0
Total Earnings on Investments $158,837,091
Total Interest $1,418,110
Interest-Bearing Cash $0
U.S. Government Securities $0
Corporate Debt Instruments $0
Loans (other than to participants) $0
Participant Loans $1,418,110
Interest from Other Investments $0
Total Dividends $0
Preferred Stock $0
Common Stock $0
Rents $0
Net gain (loss) on sale of assets $0
Aggregate Proceeds $0
Aggregate Carrying Amount $0
Total Unrealized Appreciation (depreciation) of assets $0
Real Estate $0
Other $0
Net investment gain (loss) from common/collective trusts $0
Net investment gain (loss) from pooled separate accounts $0
Net investment gain (loss) from master trust investment accounts $157,418,981
Net investment gain (loss) from 103-12 investment entities $0
Net investment gain (loss) from registered investment companies $0
Other Income $0
Expenses $319,903,049
Total Benefit Payments $315,922,857
Directly to participants or beneficiaries, including direct rollovers $315,922,857
To insurance carriers for the provision of benefits $0
Other Benefit Payment Fees $0
Corrective Distributions $88
Certain deemed distributions of participant loans $1,004,939
Interest expense $0
Total Administrative Expenses $2,975,165
Professional Fees $2,673,635
Contract Administrator Fees $0
Investment Advisory and management fees $0
Other Administrative Fees $301,530
Net Income $158,835,455
Transfers of Assets to this Plan $0
Transfers of Assets from this Plan $0

Asset and Liability Statement

12/31/2015 12/31/2014 Change YOY
Total Assets $5,666,174,067 $5,505,753,484 2.91%
Total noninterest-bearing cash $0 $0 0.0%
Receivables $8,776,030 $8,298,151 5.76%
Employer Contributions $8,776,030 $8,298,151 5.76%
Participant Contributions $0 $0 0.0%
Other Contributions $0 $0 0.0%
General Investments $0 $0 0.0%
Interest-bearing cash $0 $0 0.0%
U.S. Government Securities $0 $0 0.0%
Corporate Debt Instruments $0 $0 0.0%
Preferred $0 $0 0.0%
All Other $0 $0 0.0%
Corporate Stocks $0 $0 0.0%
Preferred $0 $0 0.0%
Common $0 $0 0.0%
Partnership/joint venture interests $0 $0 0.0%
Real estate (other than employer real property) $0 $0 0.0%
Loans (other than to participants) $0 $0 0.0%
Participants Loans $34,612,352 $35,407,612 -2.25%
Value of interest in common/collective trusts $0 $0 0.0%
Value of interest in pooled separate accounts $0 $0 0.0%
Value of interest in master trust investment accounts $5,622,785,685 $5,462,047,721 2.94%
Value of interest in 103-12 investment entities $0 $0 0.0%
Value of interest in registered investment companies $0 $0 0.0%
Value of funds held in insurance co. general account $0 $0 0.0%
Other Investments $0 $0 0.0%
Employer-related Investments $0 $0 0.0%
Employer Securities $0 $0 0.0%
Employer Real Property $0 $0 0.0%
Buildings and other property used in plan operation $0 $0 0.0%
Total Liabilities $1,414,949 $5,796,303 -75.59%
Benefit Claims Payable (1) $1,414,949 $5,796,303 -75.59%
Operating Payables (1) $0 $0 0.0%
Acquisition Indebtedness (1) $0 $0 0.0%
Other liabilities (1) $0 $0 0.0%
Net Assets $5,664,759,118 $5,499,957,181 3.00%

Service Providers

Persons Receiving Only Eligible Indirect Compensation

There is no information on eligible indirect compensation for this plan.

Other Service Providers Receiving Direct or Indirect Compensation

Name Nature of Service Relationship to Plan Sponsor Direct Compensation Paid by Plan Indirect Compensation Paid by Plan Total Compensation
Hewitt Associates LLC Actuarial, Recordkeeping and information management (computing, tabulating, data processing, etc.), Securities brokerage, Direct payment from the plan, Shareholder servicing fees, Finders' fees/placement fees, Distribution (12b-1) fees NONE $1,433,322 $572,555 $2,005,877
Aon Consulting Investment advisory (participants), Direct payment from the plan NONE $1,096,193 $0 $1,096,193
Eli Lilly and Company Plan Administrator, Direct payment from the plan Plan Sponsor $301,530 $0 $301,530
Ernst & Young LLP Accounting (including auditing), Direct payment from the plan NONE $80,245 $0 $80,245
Plante & Moran PLLC Accounting (including auditing), Direct payment from the plan NONE $31,348 $0 $31,348
Cost Effectiveness Measurement Inc. Consulting (general), Direct payment from the plan NONE $24,250 $0 $24,250
Groom Law Group, Chartered Legal, Direct payment from the plan NONE $8,299 $0 $8,299
Total $2,975,187 $572,555 $3,547,742

Indirect Compensation

Name Source of Indirect Compensation* Nature of Service Description of Indirect Compensation Indirect Compensation Paid by Plan
Hewitt Associates LLC Pershing LLC Finders' fees/placement fees Finder's Fees $76,202
Hewitt Associates LLC Hewitt Associates LLC Distribution (12b-1) fees Aggregated Investment Manager Fund Fees $116,478
Hewitt Associates LLC Pershing LLC Shareholder servicing fees Shareholder Servicing Fees $30,213
Hewitt Associates LLC Pershing LLC Finders' fees/placement fees Finder's Fee $349,662
*As outlined by the Form 5500 Instructions for service providers with indirect compensation.

Service Providers Who Fail or Refuse to Provide Information

There are no service providers who failed or refused to provide information.

Termination Information on Accountants and Enrolled Actuaries

There is no termination information for this plan.



Name of Investment Investment Manager Type of Investment Dollar Value
Lilly Sp Mt - Ntc Eli Lilly and Company DFE: Master Trust Investment Account $5,622,785,685
Total $5,622,785,685

Insurance Information

Insurance Information

There are no insurance carriers listed for this plan.