2023 Form 5500 filing — Cytel Inc. 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 20240924163847NAL0004832851001) for Cytel Inc. Retirement Plan, reported by Cytel Inc. under EIN 04-2955676 and plan number 001. It reports 842 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20240924163847NAL0004832851001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cytel Inc.
- EIN
- 04-2955676
- Plan number
- 001
- Location
- Cambridge, MA
- Participants
- 842
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $61,752,798
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $61,752,798
- Employer contributions
- $2,984,298
- Participant contributions
- $7,644,238
- Total income / additions
- $20,991,451
- Benefits paid
- $7,485,733
- Administrative expenses
- $169,448
- Total expenses
- $7,708,918
- Net increase / (decrease)
- $13,282,533
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Empower Annuity Insurance Company | RECORDKEEPER | $80,634 | $0 |
| Capfinancial Partners LLC Dba | INVESTMENT ADVISOR | $52,500 | not reported in the loaded dataset |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $17,594 | not reported in the loaded dataset |
| Caron & Bletzer, Pllc | AUDITOR | $15,500 | not reported in the loaded dataset |
| Marathas Barrow Weatherhead Lent Ll | ATTORNEY | $2,820 | not reported in the loaded dataset |
| Qdro Consultants Company, LLC | OTHER | $400 | not reported in the loaded dataset |