Orbimed Advisors, L.L.C. 401(K) Retirement Plan — Form 5500 plan (Orbimed Advisors, L.L.C.)

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, Orbimed Advisors, L.L.C. 401(K) Retirement Plan is a benefit plan reported by Orbimed Advisors, L.L.C. under EIN 13-3976876 and plan number 002. The latest loaded filing year is 2023. The filing reports 130 participants and $64,873,403 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Orbimed Advisors, L.L.C.
EIN
13-3976876
Plan number
002
Plan type
2
Location
New York, NY
Latest filing year
2023
Participants
130
End-of-year plan assets
$64,873,403

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023130H, C20240909073837NAL0007620112001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$64,873,403
Total liabilities (EOY)
$0
Net assets (EOY)
$64,873,403
Net assets (BOY)
$52,832,796

Income & contributions

Employer contributions
$1,955,580
Participant contributions
$1,819,159
Total contributions
$4,746,674
Total income / additions
$15,864,613

Expenses & distributions

Benefits paid
$3,821,955
Administrative expenses
$2,051
Total expenses
$3,824,006
Net increase / (decrease)
$12,040,607

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Life & Annuity Insurance CoRECORDKEEPER$21,549$02023
Erp Retirement ServicesCONTRACT ADMIN$675$10,0002023

Related Form 5500 pages