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, Hyperfine Operations, Inc. 401(K) Plan is a benefit plan reported by Hyperfine Operations, Inc under EIN 46-4979424 and plan number 001. The latest loaded filing year is 2023. The filing reports 184 participants and $6,956,285 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $6,956,285
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $6,956,285
- Net assets (BOY)
- $4,900,845
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $1,772,342
- Total contributions
- $2,373,637
- Total income / additions
- $3,397,347
Expenses & distributions
- Benefits paid
- $1,338,768
- Administrative expenses
- $2,495
- Total expenses
- $1,341,907
- Net increase / (decrease)
- $2,055,440