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Original filing (PDF)20250829080307NAL0010985825001
WARNER BROS. DISCOVERY, INC.
Form 5500
FILING_RECEIVED
WARNER BROS. DISCOVERY DEFINED CONTRIBUTION MASTER TRUST
Pooled investment trust — a fund that other plans invest in — not a participant plan
Active participants
—
Accounts w/ balance
—
Plan assets (EOY)
$8.1B
Net assets (EOY)
$8.0B
How this plan invests
3 plans
invest in this fund
This trust
pooled vehicle
33 securities
Schedule of Assets
This is a pooled fund: many plans invest in it, and it holds the underlying securities.
Master trust / DFE filing
Pooled investment vehicle
This filing is a Direct Filing Entity (DFE) — a master trust or collective investment trust that pools assets from multiple participating plans. It does not have plan participants of its own, and the Plan Health Score formula doesn’t apply. Individual participant-facing plans that invest in this trust are the appropriate target for fiduciary analysis.
Pooled assets (EOY)
$8.1B
Net assets (EOY)
$8.0B
Participating plans
3
latest filings citing this trust
Cited interest
$14.7B
across citing plans' latest filings
Cited interest vs pooled assets: cited interest sums what each participating plan reported holding in this trust, measured at that plan’s own year-end — and those filings span different years. Pooled assets is this single filing’s balance at one date. They’re independent measurements, so cited interest can land slightly above or below the pooled balance and won’t reconcile exactly.
Why no Schedule of Assets here? DFE holdings often live on the master trust’s own audited statement, not as a 4i schedule on the participating plans’ filings. We’re extending the parsing pipeline to cover DFE filings — see Methodology.
Decision-maker contacts
CFO / Head of HR / Benefits Manager — verified email + LinkedIn for WARNER BROS. DISCOVERY, INC..
Plan sponsor
Name
WARNER BROS. DISCOVERY, INC.
EIN
88-1660993
Address
230 PARK AVENUE SOUTH · NEW YORK, NY · 10003
Phone
(212) 548-5555
Plan administrator
Name
WARNER BROS. DISCOVERY BENEFIT PLANS ADMINISTRATIVE COMMITTEE
EIN
92-3953538
City
NEW YORK, NY
Phone
(212) 548-5555
Plan characteristics
Plan number
001
Plan year
2024
Plan year begin
2024-01-01
Tax period
2024-12-31
Filed
2025-08-29
Audit & trust (Schedule H)
Auditor
—
Trustee / custodian
—
Trustee phone
—
Service providers (Schedule C)
2 rowsRecordkeeper
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| FID INV INST OPS CO | 04-2647786 | — | RECORDKEEPER | $0 | — |
Advisor / Consultant
1| Name | EIN | Location | Relation | Direct comp | Indirect comp |
|---|---|---|---|---|---|
| INSTITUTIONAL INVESTMENT CONSULTING | 81-0635433 | — | INVESTMENT ADVISOR | $120K | — |
Investments
5 direct securities · 25 pooled funds· $7.7B(96% of reported assets)
Rows tagged as a trust or pooled fund hold many underlying securities. Click one to drill into its own Schedule of Assets — where the individual funds, shares, and CUSIPs live.
Common Collective Trust
$7.2B
25 holdings
Uncategorized
$469.5M
5 holdings
| PI | Investment | Type | Shares / units | Cost | Current value | % of plan |
|---|---|---|---|---|---|---|
| EQUITY INDEX FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3262720 / PN 001 | Common Collective Trust | — | — | $1.6B | 19.7% | |
| FIDELITY FREEDOM BLEND 2035 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 092 | Common Collective Trust | — | — | $741.2M | 9.2% | |
| FIDELITY FREEDOM BLEND 2040 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 093 | Common Collective Trust | — | — | $706.6M | 8.8% | |
| FIDELITY FREEDOM BLEND 2045 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 094 | Common Collective Trust | — | — | $620.0M | 7.7% | |
| FIDELITY FREEDOM BLEND 2030 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 091 | Common Collective Trust | — | — | $613.0M | 7.6% | |
| EXTENDED EQUITY MARKET FUND F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3270116 / PN 001 | Common Collective Trust | — | — | $490.5M | 6.1% | |
| FIDELITY FREEDOM BLEND 2050 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 095 | Common Collective Trust | — | — | $443.8M | 5.5% | |
| FIDELITY FREEDOM BLEND 2025 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 090 | Common Collective Trust | — | — | $387.1M | 4.8% | |
| BLACKROCK MSCI ACWI EX-US FD F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 83-0377925 / PN 001 | Common Collective Trust | — | — | $367.9M | 4.6% | |
| BROKERAGELINK Self-directed brokerage (Various mutual funds, non-employer stock, etc.) | — | — | — | $300.3M | 3.7% | |
| FIDELITY FREEDOM BLEND 2055 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 113 | Common Collective Trust | — | — | $273.5M | 3.4% | |
| BTC US EQUITY MARKET FUND CL F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3219149 / PN 001 | Common Collective Trust | — | — | $222.4M | 2.8% | |
| FIDELITY FREEDOM BLEND 2020 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 089 | Common Collective Trust | — | — | $164.6M | 2.0% | |
| PIMCO CORE FIXED INCOME FUND INVESCO TRUST COMPANY · EIN 61-1246990 / PN 219 | Common Collective Trust | — | — | $146.8M | 1.8% | |
| FIDELITY FREEDOM BLEND 2060 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 147 | Common Collective Trust | — | — | $102.0M | 1.3% | |
| WBD COMMON STOCK Common Stock | — | — | — | $97.4M | 1.2% | |
| BTC US DEBT INDEX FUND CL F BLACKROCK INSTITUTIONAL TRUST COMPANY, N.A. · EIN 94-3291425 / PN 001 | Common Collective Trust | — | — | $88.1M | 1.1% | |
| STATE ST BK & TR CO BOSTON WBS Wrapper Insurance Contract | — | — | — | $67.5M | 0.8% | |
| FIDELITY FREEDOM BLEND 2015 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 088 | Common Collective Trust | — | — | $67.2M | 0.8% | |
| GUGGENHEIM CORE PLUS CIT - CL R GLOBAL TRUST COMPANY · EIN 61-6633273 / PN 001 | Common Collective Trust | — | — | $58.7M | 0.7% | |
| FIDELITY FREEDOM BLEND INCOME FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 085 | Common Collective Trust | — | — | $40.1M | 0.5% | |
| JANUS INTERNATIONAL ALPHA EQ CF GREAT GRAY TRUST COMPANY, LLC · EIN 38-7275329 / PN 001 | Common Collective Trust | — | — | $23.5M | 0.3% | |
| SCHRODER INTERNATIONAL SMALL CO SCHRODER INVESTMENT MANAGEMENT NORTH · EIN 13-6877903 / PN 004 | Common Collective Trust | — | — | $23.5M | 0.3% | |
| FIDELITY FREEDOM BLEND 2010 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 087 | Common Collective Trust | — | — | $21.8M | 0.3% | |
| FIAM SMALL CAPITALIZATION CORE CO FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 008 | Common Collective Trust | — | — | $13.9M | 0.2% | |
| JHANCOCK US SMALL CAP CORE CIT CL P JOHN HANCOCK TRUST CO CIT · EIN 85-6153745 / PN 032 | Common Collective Trust | — | — | $13.9M | 0.2% | |
| FIDELITY FREEDOM BLEND 2065 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 168 | Common Collective Trust | — | — | $10.3M | 0.1% | |
| DFA EMERGING MARKETS CORE EQUI Registered Investment Companies | — | — | — | $3.7M | <0.1% | |
| FIDELITY GOVERNMENT PORTFOLIO INSTITUTIONAL Interest Bearing Cash | — | — | — | $580K | <0.1% | |
| FIDELITY FREEDOM BLEND 2005 FIDELITY INSTITUTIONAL ASSET MANAGEMENT · EIN 20-4659714 / PN 086 | Common Collective Trust | — | — | $0 | <0.1% |