2023 Form 5500 filing — Homology Medicines, Inc. 401(K) Plan

Plain-English filing 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, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241011124927NAL0021884001001) for Homology Medicines, Inc. 401(K) Plan, reported by Homology Medicine, Inc. under EIN 47-3468154 and plan number 001. It reports 155 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).

Form 5500 2 · 2023

Filing snapshot

Net assets (EOY)$8.3MReported net assets$8,314,062
Participants155
Provider compensation$49.8K3 Schedule C row(s)$49,826
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241011124927NAL0021884001001
Plan sponsor
Homology Medicine, Inc.
EIN
47-3468154
Plan number
001
Location
Bedford, MA
Received date
not reported in the loaded dataset
Schedule H · 2023

Reported financial snapshot

Reported figures as filed, in whole dollars. Only fields the filing reports are shown.

Reported balance (end of year)$8.3M total assets
Net assets$8.3MLiabilities$0
Money in vs. money out
Total income / additions$3.2M
Total expenses$4.8M
Benefits paid / distributions$4.7M
Contributions
Employer$429.3K
Participant$1.1M
Full reported line items
Total assets (EOY)
$8,314,062
Total liabilities (EOY)
$0
Net assets (EOY)
$8,314,062
Employer contributions
$429,254
Participant contributions
$1,131,279
Total income / additions
$3,237,470
Benefits paid
$4,739,532
Administrative expenses
$40,834
Total expenses
$4,780,366
Net increase / (decrease)
-$1,542,896

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Securities America Advisors IncINVESTMENT ADVISOR$39,814not reported in the loaded dataset
Empower Advisory Group, LLCINVESTMENT MGMT$10,012not reported in the loaded dataset
Empower Annuity Insurance CompanyRECORDKEEPER$0$0

Related Form 5500 pages