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, Bitwise Industries, Inc. 401(K) Plan is a benefit plan reported by Bitwise Industries, Inc. under EIN 47-1635652 and plan number 001. The latest loaded filing year is 2023. The filing reports 845 participants and $13,277,108 in end-of-year plan assets, where available in the loaded dataset.
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $13,277,108
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,277,108
- Net assets (BOY)
- $9,352,998
Income & contributions
- Employer contributions
- $500,935
- Participant contributions
- $1,138,780
- Total contributions
- $2,221,289
- Total income / additions
- $4,270,532
Expenses & distributions
- Benefits paid
- $224,823
- Administrative expenses
- $121,599
- Total expenses
- $346,422
- Net increase / (decrease)
- $3,924,110