Bandwidth Inc. 401(K) Profit Sharing And Trust — Form 5500 plan (Bandwidth 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, Bandwidth Inc. 401(K) Profit Sharing And Trust is a benefit plan reported by Bandwidth Inc. under EIN 56-2242657 and plan number 001. The latest loaded filing year is 2023. The filing reports 1,203 participants and $89,414,401 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Bandwidth Inc.
- EIN
- 56-2242657
- Plan number
- 001
- Plan type
- 2
- Location
- Raleigh, NC
- Latest filing year
- 2023
- Participants
- 1,203
- End-of-year plan assets
- $89,414,401
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,203 | H, C | 20241001153252NAL0003417715001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $89,414,401
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $89,414,401
- Net assets (BOY)
- $64,942,180
Income & contributions
- Employer contributions
- $3,973,724
- Participant contributions
- $9,339,237
- Total contributions
- $14,766,903
- Total income / additions
- $28,620,079
Expenses & distributions
- Benefits paid
- $4,040,654
- Administrative expenses
- $107,197
- Total expenses
- $4,147,858
- Net increase / (decrease)
- $24,472,221
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Ubs Financial Services Inc | ADVISOR | $88,597 | not reported in the loaded dataset | 2023 |
| Hughes Pittman & Gupton Llp | ACCOUNTANT/AUDITOR | $13,600 | not reported in the loaded dataset | 2023 |
| Cherry Bekaert Llp | ACCOUNTANT/AUDITOR | $5,000 | not reported in the loaded dataset | 2023 |
| Fidelity Investments Institutional | RECORDKEEPER | -$101,009 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Bandwidth Inc.
- 2023 Form 5500 filing
- Form 5500 filings in NC
- 401(k) and benefit plan filings in Raleigh, NC
- Ubs Financial Services Inc — Schedule C compensation
- Hughes Pittman & Gupton Llp — Schedule C compensation
- Cherry Bekaert Llp — Schedule C compensation
- Fidelity Investments Institutional — Schedule C compensation