Galois, Inc. Employee Stock Ownership Plan — Form 5500 plan (Galois, 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, Galois, Inc. Employee Stock Ownership Plan is a benefit plan reported by Galois, Inc. under EIN 93-1278540 and plan number 002. The latest loaded filing year is 2023. The filing reports 170 participants and $16,016,175 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$9.2MPlan net assets, end of year$9,177,410
Participants170Covered participants reported
Assets / participant$94.2KComputed: assets ÷ participants$94,213 (computed)
Provider compensationNone reported
Plan sponsor
Galois, Inc.
EIN
93-1278540
Plan number
002
Plan type
2
Location
Portland, OR
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023170H20240906103726NAL0000972945001
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)$16M total assets
Net assets$9.2MLiabilities$6.8M
Money in vs. money out
Total income / additions-$4.1M
Total expenses$1.4M
Benefits paid / distributions$1.2M
Contributions
Employer$997.7K
ParticipantNot reported
Full reported line items

Net assets

Total assets (EOY)
$16,016,175
Total liabilities (EOY)
$6,838,765
Net assets (EOY)
$9,177,410
Net assets (BOY)
$14,635,831

Income & contributions

Employer contributions
$997,663
Total contributions
$997,663
Total income / additions
-$4,097,809

Expenses & distributions

Benefits paid
$1,215,389
Administrative expenses
$666
Total expenses
$1,360,612
Net increase / (decrease)
-$5,458,421
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.

Total expenses ÷ net assets15%Computed ratio

Service provider compensation (Schedule C)

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

Related Form 5500 pages