Canoo Inc. 401(K) Plan — Form 5500 plan (Canoo Technologies 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, Canoo Inc. 401(K) Plan is a benefit plan reported by Canoo Technologies Inc. under EIN 82-3375874 and plan number 001. The latest loaded filing year is 2023. The filing reports 949 participants and $21,614,713 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Canoo Technologies Inc.
- EIN
- 82-3375874
- Plan number
- 001
- Plan type
- 2
- Location
- Justin, TX
- Latest filing year
- 2023
- Participants
- 949
- End-of-year plan assets
- $21,614,713
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 949 | H, C | 20241014110300NAL0013174627001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $21,614,713
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $21,614,713
- Net assets (BOY)
- $15,655,108
Income & contributions
- Employer contributions
- $0
- Participant contributions
- $5,164,162
- Total contributions
- $6,260,263
- Total income / additions
- $9,487,218
Expenses & distributions
- Benefits paid
- $3,445,496
- Administrative expenses
- $46,748
- Total expenses
- $3,527,613
- Net increase / (decrease)
- $5,959,605
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Fidelity Investments Institutional | RECORDKEEPER | $41,748 | $0 | 2023 |
| Qualified Plan Advisors | INVESTMENT ADVISOR | $5,000 | not reported in the loaded dataset | 2023 |