Profit Sharing
2022 plan-year Profit Sharing DOL Form 5500

Elevatebio Management, Inc. 401(k) Retirement Plan

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

Sponsored by Elevatebio Management, Inc. · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Elevatebio Management, Inc. 401(k) Retirement Plan holds $17M for 310 participants — about $55,621 per participant, up 58.4% over the 2022 plan year.

$17M
total plan assets (2022 EOY)
310
covered participants
$55,621
avg assets per participant
+58.4%
assets growth YoY
Total Assets (2023)
$17M
Participants
310
Industry
Professional & Technical Services

What the Filing Says About Elevatebio Management, Inc. 401(k) Retirement Plan

Elevatebio Management, Inc. 401(k) Retirement Plan is a Profit Sharing retirement plan sponsored by Elevatebio Management, Inc., headquartered in Massachusetts. As of the 2022 Form 5500 filing, the plan reports $17M in total end-of-year assets and covers 310 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 823981863, and the plan has been effective since 2019-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $11M at the beginning of 2022 to $17M at year-end — a gain of 58.4%. Net assets (after liabilities) closed the year at $17M, with reported net income of $6M 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)$11M
Total Assets (End of Year)$17M
Net Assets (End of Year)$17M
Net Income$6M
Plan TypeProfit Sharing
Employer EIN823981863
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Elevatebio Management, Inc.)

Year Plans Participants Total Assets
2022 1 310 $17M
2023 1 437 $31M
2024 1 483 $42M

Nearby Profit Sharing Plans in Massachusetts

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Frequently Asked Questions

How much money is in the Elevatebio Management, Inc. 401(k) Retirement Plan?
As of the 2022 Form 5500 filing, Elevatebio Management, Inc. 401(k) Retirement Plan holds $17M in total assets with 310 participants. It is sponsored by Elevatebio Management, Inc..
What type of plan is Elevatebio Management, Inc. 401(k) Retirement Plan?
Elevatebio Management, Inc. 401(k) Retirement Plan is a Profit Sharing plan. It has been effective since 2019-01-01. The plan is filed with the U.S. Department of Labor under EIN 823981863.
Who sponsors the Elevatebio Management, Inc. 401(k) Retirement Plan?
Elevatebio Management, Inc. 401(k) Retirement Plan is sponsored by Elevatebio Management, Inc., located in Massachusetts. The sponsor's EIN is 823981863 and the plan operates in the Professional & Technical Services industry.
How did Elevatebio Management, Inc. 401(k) Retirement Plan perform in 2022?
Elevatebio Management, Inc. 401(k) Retirement Plan grew by 58.4% during 2022, moving from $11M to $17M in total assets. Net income was $6M.
Where can I find official filings for Elevatebio Management, Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Elevatebio Management, Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 823981863 or plan name at efast.dol.gov.
How does Elevatebio Management, Inc. 401(k) Retirement Plan compare to other plans?
You can compare Elevatebio Management, Inc. 401(k) Retirement Plan against other Profit Sharing plans on the plan type page, or view plans in Massachusetts 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 823981863.

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 U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.