Absci Corporation 401(K) Plan — Form 5500 plan (Absci Corporation)
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, Absci Corporation 401(K) Plan is a benefit plan reported by Absci Corporation under EIN 85-3383487 and plan number 001. The latest loaded filing year is 2023. The filing reports 244 participants and $10,188,850 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$10.2MPlan net assets, end of year$10,187,510
Participants244Covered participants reported
Assets / participant$41.8KComputed: assets ÷ participants$41,758 (computed)
Provider compensation$22.8K2 Schedule C provider row(s)$22,802
- Plan sponsor
- Absci Corporation
- EIN
- 85-3383487
- Plan number
- 001
- Plan type
- 2
- Location
- Vancouver, WA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 244 | H, C | 20240812145429NAL0020939826001 |
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)$10.2M total assets
Net assets$10.2MLiabilities$1.3K
Full reported line items
Net assets
- Total assets (EOY)
- $10,188,850
- Total liabilities (EOY)
- $1,340
- Net assets (EOY)
- $10,187,510
- Net assets (BOY)
- $5,732,142
Income & contributions
- Employer contributions
- $1,013,140
- Participant contributions
- $2,173,346
- Total contributions
- $4,337,999
- Total income / additions
- $5,637,358
Expenses & distributions
- Benefits paid
- $1,159,188
- Administrative expenses
- $22,802
- Total expenses
- $1,181,990
- Net increase / (decrease)
- $4,455,368
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Raymond James And Associates, Inc. | INVESTMENT ADVISOR | $12,211 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Insitutional | RECORDKEEPER | $10,591 | $0 | 2023 |