Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

TACONIC BIOSCIENCES, INC.

This Profit Sharing plan holds $65M in total assets and serves 525 participants as of 2022. It is sponsored by TACONIC BIOSCIENCES, INC. in New York. The plan reported a net loss of $16M for the year.

Total Assets (2023)
$65M
Participants
525
State
Industry
Agriculture, Forestry & Fishing

What the Filing Says About TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST

TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST is a Profit Sharing retirement plan sponsored by TACONIC BIOSCIENCES, INC., headquartered in New York. As of the 2022 Form 5500 filing, the plan reports $65M in total end-of-year assets and covers 525 participants across the Agriculture, Forestry & Fishing industry. The sponsor's EIN on file with the U.S. Department of Labor is 141381104, and the plan has been effective since 1976-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $81M at the beginning of 2022 to $65M at year-end — a decline of 19.5%. Net assets (after liabilities) closed the year at $65M, with reported net income of $-15,844,973 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$81M
Total Assets (End of Year)$65M
Net Assets (End of Year)$65M
Net Income$-15,844,973
Plan TypeProfit Sharing
Employer EIN141381104
Plan Effective Date1976-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (TACONIC BIOSCIENCES, INC.)

Year Plans Participants Total Assets
2022 1 525 $65M
2023 1 535 $77M
2024 1 552 $86M

Nearby Profit Sharing Plans in New York

Peer Profit Sharing plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST?
As of the 2022 Form 5500 filing, TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST holds $65M in total assets with 525 participants. It is sponsored by TACONIC BIOSCIENCES, INC..
What type of plan is TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST?
TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST is a Profit Sharing plan. It has been effective since 1976-01-01. The plan is filed with the U.S. Department of Labor under EIN 141381104.
Who sponsors the TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST?
TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST is sponsored by TACONIC BIOSCIENCES, INC., located in New York. The sponsor's EIN is 141381104 and the plan operates in the Agriculture, Forestry & Fishing industry.
How did TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST perform in 2022?
TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST declined by 19.5% during 2022, moving from $81M to $65M in total assets. Net income was $-15,844,973.
Where can I find official filings for TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST?
Official Form 5500 filings for TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 141381104 or plan name at efast.dol.gov.
How does TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST compare to other plans?
You can compare TACONIC BIOSCIENCES, INC. 401(K) PROFIT SHARING PLAN & TRUST against other Profit Sharing plans on the plan type page, or view plans in New York on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2022.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 141381104.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from official public datasets. See our methodology for details.