2023 Form 5500 filing — Beneficent Technology, Inc 401(K) 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 20241008123723NAL0016627361001) for Beneficent Technology, Inc 401(K) Plan, reported by Beneficent Technology, Inc. under EIN 77-0555413 and plan number 001. It reports 108 participants. Attached schedules in the loaded dataset include Schedule I (small plan financials).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$7.1MReported net assets$7,142,300
Participants108
Provider compensationNone reported
Schedules filedSchedule ILoaded schedules
EFAST2 acknowledgement
20241008123723NAL0016627361001
Plan sponsor
Beneficent Technology, Inc.
EIN
77-0555413
Plan number
001
Location
Palo Alto, CA
Received date
not reported in the loaded dataset
How to read this filing
  • This is a single annual Form 5500 filing, identified by its EFAST2 acknowledgement id.
  • Schedule chips (Sch H / I / C) show which schedules this filing includes.
  • Net assets = total assets minus total liabilities (Schedule H/I).
  • Fields a filing did not report are labeled not reported in the loaded dataset — never estimated.
  • For the plan's full history, open the plan profile.
Schedule I · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$7.1M total assets
Net assets$7.1MLiabilities$0
Money in vs. money out
Total income / additions$1.8M
Total expenses$2.5M
Benefits paid / distributions$2.5M
Contributions
Employer$130.3K
Participant$507.6K
Full reported line items
Total assets (EOY)
$7,142,300
Total liabilities (EOY)
$0
Net assets (EOY)
$7,142,300
Employer contributions
$130,296
Participant contributions
$507,649
Total income / additions
$1,789,110
Benefits paid
$2,494,553
Administrative expenses
$11,672
Total expenses
$2,506,225
Net increase / (decrease)
-$717,115

What to inspect next

Frequently asked questions

What does EFAST2 acknowledgement 20241008123723NAL0016627361001 cover?
It is the 2023 Form 5500 filing for Beneficent Technology, Inc 401(K) Plan, reported by Beneficent Technology, Inc. (EIN 77-0555413).
Which Form 5500 schedules are attached to this 2023 filing?
Attached schedules in the loaded dataset include Schedule I (small plan financials).

Related Form 5500 pages