Plain-English plan 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, Summit Biosciences 401(K) Plan is a benefit plan reported by Summit Biosciences, Inc. under EIN 27-1252863 and plan number 001. The latest loaded filing year is 2023. The filing reports 162 participants and $5,015,880 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $5,015,880
- Net assets (EOY)
- $5,015,880
- Net assets (BOY)
- $3,673,063
Income & contributions
- Employer contributions
- $274,039
- Participant contributions
- $657,403
- Total contributions
- $960,169
- Total income / additions
- $1,684,214
Expenses & distributions
- Benefits paid
- $335,823
- Administrative expenses
- $5,574
- Total expenses
- $341,397
- Net increase / (decrease)
- $1,342,817