2023 Form 5500 filing — Summit Biosciences 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 20241014172534NAL0026830257005) for Summit Biosciences 401(K) Plan, reported by Summit Biosciences, Inc. under EIN 27-1252863 and plan number 001. It reports 162 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)$5MReported net assets$5,015,880
Participants162
Provider compensation$12.7K2 Schedule C row(s)$12,700
Schedules filedSchedule H, Schedule CLoaded schedules
EFAST2 acknowledgement
20241014172534NAL0026830257005
Plan sponsor
Summit Biosciences, Inc.
EIN
27-1252863
Plan number
001
Location
Lexington, KY
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)$5M total assets
Net assets$5MLiabilities
Money in vs. money out
Total income / additions$1.7M
Total expenses$341.4K
Benefits paid / distributions$335.8K
Contributions
Employer$274K
Participant$657.4K
Full reported line items
Total assets (EOY)
$5,015,880
Net assets (EOY)
$5,015,880
Employer contributions
$274,039
Participant contributions
$657,403
Total income / additions
$1,684,214
Benefits paid
$335,823
Administrative expenses
$5,574
Total expenses
$341,397
Net increase / (decrease)
$1,342,817

Reported service provider compensation (Schedule C)

Compensation reported on the 2023 filing
ProviderServiceDirect comp.Indirect comp.
Truist Investment ServicesSERVICE PROVIDER$0$12,700
Voya Retirement Insurance And AnnuiSERVICE PROVIDERnot reported in the loaded datasetnot reported in the loaded dataset

Related Form 5500 pages