Bitwise Industries, Inc. 401(K) Plan — Form 5500 plan (Bitwise Industries, 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, 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.

Key reported metrics

Plan sponsor
Bitwise Industries, Inc.
EIN
47-1635652
Plan number
001
Plan type
2
Location
Wilmington, DE
Latest filing year
2023
Participants
845
End-of-year plan assets
$13,277,108

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023845H, C20241010124824NAL0011474851001

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

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Principal Securities, Inc.RIA$41,425not reported in the loaded dataset2023
John Hancock Life Insurance CompanyRECORDKEEPER$3,435$02023

Related Form 5500 pages