2023 Form 5500 filing — Orbimed Advisors, L.L.C. 401(K) Retirement Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20240909073837NAL0007620112001) for Orbimed Advisors, L.L.C. 401(K) Retirement Plan, reported by Orbimed Advisors, L.L.C. under EIN 13-3976876 and plan number 002. It reports 130 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240909073837NAL0007620112001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Orbimed Advisors, L.L.C.
- EIN
- 13-3976876
- Plan number
- 002
- Location
- New York, NY
- Participants
- 130
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $64,873,403
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $64,873,403
- Employer contributions
- $1,955,580
- Participant contributions
- $1,819,159
- Total income / additions
- $15,864,613
- Benefits paid
- $3,821,955
- Administrative expenses
- $2,051
- Total expenses
- $3,824,006
- Net increase / (decrease)
- $12,040,607
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Life & Annuity Insurance Co | RECORDKEEPER | $21,549 | $0 |
| Erp Retirement Services | CONTRACT ADMIN | $675 | $10,000 |