Brainstorm, Inc. 401(K) Plan — Form 5500 plan (Brainstorm, 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, Brainstorm, Inc. 401(K) Plan is a benefit plan reported by Brainstorm, Inc. under EIN 87-0535674 and plan number 002. The latest loaded filing year is 2023. The filing reports 88 participants and $6,398,858 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Brainstorm, Inc.
EIN
87-0535674
Plan number
002
Plan type
2
Location
American Fork, UT
Latest filing year
2023
Participants
88
End-of-year plan assets
$6,398,858

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
202388I20240524142611NAL0003258227001

Reported financial statement (2023 · Schedule I)

Net assets

Total assets (EOY)
$6,398,858
Total liabilities (EOY)
$0
Net assets (EOY)
$6,398,858
Net assets (BOY)
$6,021,412

Income & contributions

Employer contributions
$301,944
Participant contributions
$653,904
Total income / additions
$2,036,061

Expenses & distributions

Benefits paid
$1,610,822
Administrative expenses
$47,793
Total expenses
$1,658,615
Net increase / (decrease)
$377,446

Service provider compensation (Schedule C)

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

Related Form 5500 pages