Beam Technologies 401(K) Plan — Form 5500 plan (Beam Technologies Inc.)
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, Beam Technologies 401(K) Plan is a benefit plan reported by Beam Technologies Inc. under EIN 37-1764683 and plan number 001. The latest loaded filing year is 2023. The filing reports 532 participants and $15,628,477 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Beam Technologies Inc.
- EIN
- 37-1764683
- Plan number
- 001
- Plan type
- 2
- Location
- Columbus, OH
- Latest filing year
- 2023
- Participants
- 532
- End-of-year plan assets
- $15,628,477
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 532 | H, C | 20250131220043NAL0002945889001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $15,628,477
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $15,628,477
- Net assets (BOY)
- $11,772,000
Income & contributions
- Employer contributions
- $1,391,819
- Participant contributions
- $2,704,132
- Total contributions
- $4,536,693
- Total income / additions
- $6,862,409
Expenses & distributions
- Benefits paid
- $2,988,905
- Administrative expenses
- $17,027
- Total expenses
- $3,005,932
- Net increase / (decrease)
- $3,856,477
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Guideline, Inc. | RECORDKEEPER | $17,027 | not reported in the loaded dataset | 2023 |
| Benefit Trust Company | CUSTODIAN | $0 | $10,022 | 2023 |