Sorrento Therapeutics, Inc. 401k Plan — Form 5500 plan (Sorrento Therapeutics, 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, Sorrento Therapeutics, Inc. 401k Plan is a benefit plan reported by Sorrento Therapeutics, Inc. under EIN 33-0344842 and plan number 001. The latest loaded filing year is 2023. The filing reports 826 participants and $27,301,866 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Sorrento Therapeutics, Inc.
- EIN
- 33-0344842
- Plan number
- 001
- Plan type
- 2
- Location
- San Diego, CA
- Latest filing year
- 2023
- Participants
- 826
- End-of-year plan assets
- $27,301,866
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 826 | H, C | 20240827164112NAL0011179393001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $27,301,866
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $27,301,866
- Net assets (BOY)
- $30,258,840
Income & contributions
- Employer contributions
- $1,560,266
- Participant contributions
- $4,326,604
- Total contributions
- $6,496,054
- Total income / additions
- $12,169,355
Expenses & distributions
- Benefits paid
- $8,514,252
- Administrative expenses
- $115,580
- Total expenses
- $8,629,833
- Net increase / (decrease)
- $3,539,522
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Voya Retirement Insurance & Annuity | RECORD KEEPER | $112,485 | $0 | 2023 |
| Onedigital Investment Advisors | SERVICE PROVIDER | $0 | $51,719 | 2023 |
| Onedigital Topco LLC | SERVICE PROVIDER | $0 | $24,179 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Sorrento Therapeutics, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in San Diego, CA
- Voya Retirement Insurance & Annuity — Schedule C compensation
- Onedigital Investment Advisors — Schedule C compensation
- Onedigital Topco LLC — Schedule C compensation