Tela Bio, Inc. 401(K) Plan — Form 5500 plan (Tela Bio, 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, Tela Bio, Inc. 401(K) Plan is a benefit plan reported by Tela Bio, Inc. under EIN 45-5320061 and plan number 001. The latest loaded filing year is 2023. The filing reports 210 participants and $15,495,944 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Tela Bio, Inc.
EIN
45-5320061
Plan number
001
Plan type
2
Location
Malvern, PA
Latest filing year
2023
Participants
210
End-of-year plan assets
$15,495,944

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023210H, C20240726161017NAL0009157891001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$15,495,944
Total liabilities (EOY)
$0
Net assets (EOY)
$15,495,944
Net assets (BOY)
$9,693,101

Income & contributions

Employer contributions
$435,609
Participant contributions
$2,675,229
Total contributions
$5,321,774
Total income / additions
$7,084,484

Expenses & distributions

Benefits paid
$1,232,630
Administrative expenses
$48,910
Total expenses
$1,281,641
Net increase / (decrease)
$5,802,843

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Life Insurance CompanyCONTRACT ADMINISTRATOR$29,052$02023
Capfinancial Partners, LINVESTMENT ADVISORY$12,472not reported in the loaded dataset2023
Merrill Lynch Pierce Fenner & SmithCONSULTANT$7,386$242023

Related Form 5500 pages