401(k)
2023 plan-year 401(k) DOL Form 5500

Beam Therapeutics, Inc. 401(k) Retirement Plan

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

Sponsored by Beam Therapeutics, Inc. · Massachusetts · Professional & Technical Services

What the 2023 filing shows

Beam Therapeutics, Inc. 401(k) Retirement Plan holds $34M for 509 participants — about $66,263 per participant, up 86.5% over the 2023 plan year.

$34M
total plan assets (2023 EOY)
509
covered participants
$66,263
avg assets per participant
+86.5%
assets growth YoY
Total Assets (2023)
$34M
Participants
509
Industry
Professional & Technical Services

What the Filing Says About Beam Therapeutics, Inc. 401(k) Retirement Plan

Beam Therapeutics, Inc. 401(k) Retirement Plan is a 401(k) retirement plan sponsored by Beam Therapeutics, Inc., headquartered in Massachusetts. As of the 2023 Form 5500 filing, the plan reports $34M in total end-of-year assets and covers 509 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 815238376, and the plan has been effective since 2018-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $18M at the beginning of 2023 to $34M at year-end — a gain of 86.5%. Net assets (after liabilities) closed the year at $34M, with reported net income of $16M 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)$18M
Total Assets (End of Year)$34M
Net Assets (End of Year)$34M
Net Income$16M
Plan Type401(k)
Employer EIN815238376
Plan Effective Date2018-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Beam Therapeutics, Inc.)

Year Plans Participants Total Assets
2022 1 343 $18M
2023 1 509 $34M
2024 1 438 $48M

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Frequently Asked Questions

How much money is in the Beam Therapeutics, Inc. 401(k) Retirement Plan?
As of the 2023 Form 5500 filing, Beam Therapeutics, Inc. 401(k) Retirement Plan holds $34M in total assets with 509 participants. It is sponsored by Beam Therapeutics, Inc..
What type of plan is Beam Therapeutics, Inc. 401(k) Retirement Plan?
Beam Therapeutics, Inc. 401(k) Retirement Plan is a 401(k) plan. It has been effective since 2018-01-01. The plan is filed with the U.S. Department of Labor under EIN 815238376.
Who sponsors the Beam Therapeutics, Inc. 401(k) Retirement Plan?
Beam Therapeutics, Inc. 401(k) Retirement Plan is sponsored by Beam Therapeutics, Inc., located in Massachusetts. The sponsor's EIN is 815238376 and the plan operates in the Professional & Technical Services industry.
How did Beam Therapeutics, Inc. 401(k) Retirement Plan perform in 2023?
Beam Therapeutics, Inc. 401(k) Retirement Plan grew by 86.5% during 2023, moving from $18M to $34M in total assets. Net income was $16M.
Where can I find official filings for Beam Therapeutics, Inc. 401(k) Retirement Plan?
Official Form 5500 filings for Beam Therapeutics, Inc. 401(k) Retirement Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 815238376 or plan name at efast.dol.gov.
How does Beam Therapeutics, Inc. 401(k) Retirement Plan compare to other plans?
You can compare Beam Therapeutics, Inc. 401(k) Retirement Plan against other 401(k) 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 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 815238376.

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.