Foresite Msp, LLC 401 (K) Profit Sharing Plan — Form 5500 plan (Foresite Msp, LLC)

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, Foresite Msp, LLC 401 (K) Profit Sharing Plan is a benefit plan reported by Foresite Msp, LLC under EIN 38-3916369 and plan number 001. The latest loaded filing year is 2023. The filing reports 85 participants and $3,575,829 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$3.6MPlan net assets, end of year$3,575,829
Participants85Covered participants reported
Assets / participant$42.1KComputed: assets ÷ participants$42,069 (computed)
Provider compensationNone reported
Plan sponsor
Foresite Msp, LLC
EIN
38-3916369
Plan number
001
Plan type
2
Location
East Windsor, CT
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202385I20240522091605NAL0001691395001
Schedule I · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$3.6M total assets
Net assets$3.6MLiabilities$0
Money in vs. money out
Total income / additions$1.3M
Total expenses$426.5K
Benefits paid / distributions$426.3K
Contributions
Employer$203.9K
Participant$481.9K
Full reported line items

Net assets

Total assets (EOY)
$3,575,829
Total liabilities (EOY)
$0
Net assets (EOY)
$3,575,829
Net assets (BOY)
$2,711,625

Income & contributions

Employer contributions
$203,883
Participant contributions
$481,925
Total income / additions
$1,290,724

Expenses & distributions

Benefits paid
$426,307
Administrative expenses
$213
Total expenses
$426,520
Net increase / (decrease)
$864,204
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 30%Participant 70%
Total expenses ÷ net assets12%Computed ratio
Benefits paid ÷ total income33%Computed ratio

Service provider compensation (Schedule C)

No Schedule C service provider compensation is loaded for this plan yet.

Related Form 5500 pages