Homology Medicines, Inc. 401(K) Plan — Form 5500 plan (Homology Medicine, 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, Homology Medicines, Inc. 401(K) Plan is a benefit plan reported by Homology Medicine, Inc. under EIN 47-3468154 and plan number 001. The latest loaded filing year is 2023. The filing reports 155 participants and $8,314,062 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$8.3MPlan net assets, end of year$8,314,062
Participants155Covered participants reported
Assets / participant$53.6KComputed: assets ÷ participants$53,639 (computed)
Provider compensation$49.8K3 Schedule C provider row(s)$49,826
- Plan sponsor
- Homology Medicine, Inc.
- EIN
- 47-3468154
- Plan number
- 001
- Plan type
- 2
- Location
- Bedford, MA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 155 | H, C | 20241011124927NAL0021884001001 |
Schedule H · 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)$8.3M total assets
Net assets$8.3MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $8,314,062
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $8,314,062
- Net assets (BOY)
- $9,856,958
Income & contributions
- Employer contributions
- $429,254
- Participant contributions
- $1,131,279
- Total contributions
- $1,564,486
- Total income / additions
- $3,237,470
Expenses & distributions
- Benefits paid
- $4,739,532
- Administrative expenses
- $40,834
- Total expenses
- $4,780,366
- Net increase / (decrease)
- -$1,542,896
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.
28%72%
Employer 28%Participant 72%
Total expenses ÷ net assets57%Computed ratio
Benefits paid ÷ total income146%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Securities America Advisors Inc | INVESTMENT ADVISOR | $39,814 | not reported in the loaded dataset | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $10,012 | not reported in the loaded dataset | 2023 |
| Empower Annuity Insurance Company | RECORDKEEPER | $0 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Homology Medicine, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in MA
- 401(k) and benefit plan filings in Bedford, MA
- Securities America Advisors Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation
- Empower Annuity Insurance Company — Schedule C compensation