Element Biosciences 401(K) Plan — Form 5500 plan (Element Biosciences, 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, Element Biosciences 401(K) Plan is a benefit plan reported by Element Biosciences, Inc. under EIN 82-2593536 and plan number 001. The latest loaded filing year is 2023. The filing reports 382 participants and $17,207,868 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Element Biosciences, Inc.
EIN
82-2593536
Plan number
001
Plan type
2
Location
San Diego, CA
Latest filing year
2023
Participants
382
End-of-year plan assets
$17,207,868

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023382H, C20241014190039NAL0028124401001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$17,207,868
Total liabilities (EOY)
$0
Net assets (EOY)
$17,207,868
Net assets (BOY)
$9,998,114

Income & contributions

Employer contributions
$1,641,594
Participant contributions
$3,583,769
Total contributions
$6,732,790
Total income / additions
$9,068,389

Expenses & distributions

Benefits paid
$1,779,775
Administrative expenses
$71,689
Total expenses
$1,858,635
Net increase / (decrease)
$7,209,754

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Cambridge Investment GroupINVESTMENT ADVISOR$39,374not reported in the loaded dataset2023
Empower Annuity Insurance CompanyRECORDKEEPER$13,103$02023
Premier Plan Consultants, Inc.CONTRACT ADMIN$5,200$6,1082023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$9,640not reported in the loaded dataset2023

Related Form 5500 pages