Summary by Moomoo AI
Microsoft Corporation has filed its annual Form 11-K report with the United States Securities and Exchange Commission for the fiscal year ended December 31, 2023. The report details the financial status of the One Microsoft Puerto Rico Retirement Plan, which is subject to the Employee Retirement Income Security Act of 1974 (ERISA). The Plan's financial statements, audited by Deloitte & Touche LLP, indicate that the net assets available for benefits increased to $31,435,014 in 2023 from $25,901,426 in 2022. The Plan, which includes contributions from participants and matching contributions from Microsoft, saw a net investment income of $6,173,312 in 2023, recovering from a net investment loss in the previous year. The Plan's investments are primarily in mutual funds, Microsoft Common Stock, and money market funds. The report, signed by Herbert Lewy, General Manager, and Vivian Martinez, Controller, on June 25, 2024, also includes a supplemental schedule of assets held at the end of the year.