Opentrons Labworks 401(K) Plan — Form 5500 plan (Opentrons Labworks 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, Opentrons Labworks 401(K) Plan is a benefit plan reported by Opentrons Labworks Inc. under EIN 47-1003492 and plan number 001. The latest loaded filing year is 2023. The filing reports 583 participants and $13,280,509 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Opentrons Labworks Inc.
- EIN
- 47-1003492
- Plan number
- 001
- Plan type
- 2
- Location
- West Long Island City, NY
- Latest filing year
- 2023
- Participants
- 583
- End-of-year plan assets
- $13,280,509
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 583 | H, C | 20240925145420NAL0029441778001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,280,509
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,280,509
- Net assets (BOY)
- $9,761,601
Income & contributions
- Employer contributions
- $1,229,320
- Participant contributions
- $2,544,643
- Total contributions
- $3,937,533
- Total income / additions
- $6,032,131
Expenses & distributions
- Benefits paid
- $2,405,458
- Administrative expenses
- $96,846
- Total expenses
- $2,519,805
- Net increase / (decrease)
- $3,512,326
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Workplace Services, LLC | PLAN ADMINISTRATOR | $62,827 | $0 | 2023 |
| Gallagher Fiduciary Advisors LLC | ADVISOR | $31,816 | not reported in the loaded dataset | 2023 |