The Bionetics Corporation 401(K) Savings Plan — Form 5500 plan (The Bionetics 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, The Bionetics Corporation 401(K) Savings Plan is a benefit plan reported by The Bionetics Corporation under EIN 95-2572691 and plan number 001. The latest loaded filing year is 2023. The filing reports 413 participants and $33,070,341 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
The Bionetics Corporation
EIN
95-2572691
Plan number
001
Plan type
2
Location
Yorktown, VA
Latest filing year
2023
Participants
413
End-of-year plan assets
$33,070,341

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023413H, C20241014100756NAL0045568384006

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$33,070,341
Net assets (EOY)
$33,070,341
Net assets (BOY)
$31,557,820

Income & contributions

Employer contributions
$282,346
Participant contributions
$1,080,340
Total contributions
$1,384,301
Total income / additions
$5,812,465

Expenses & distributions

Benefits paid
$4,197,142
Administrative expenses
$80,525
Total expenses
$4,299,944
Net increase / (decrease)
$1,512,521

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Transamerica Retirement SolutionsRECORD KEEPER$80,527$02023
National Financial ServicesSECURITIES BROKER$0$02023
Mid Atlantic Capital CorporationSECURITIES BROKER$0$02023

Related Form 5500 pages