401(k)
2024 plan-year 401(k) DOL Form 5500

HYPERFINE OPERATIONS, INC. 401(K) PLAN

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

HYPERFINE OPERATIONS, INC

This 401(k) plan holds $9M in total assets and serves 136 participants as of 2024. It is sponsored by HYPERFINE OPERATIONS, INC in Connecticut. The plan reported positive net income of $2M for the year.

Total Assets (2023)
$9M
Participants
136
State
Industry
Professional & Technical Services

What the Filing Says About HYPERFINE OPERATIONS, INC. 401(K) PLAN

HYPERFINE OPERATIONS, INC. 401(K) PLAN is a 401(k) retirement plan sponsored by HYPERFINE OPERATIONS, INC, headquartered in Connecticut. As of the 2024 Form 5500 filing, the plan reports $9M in total end-of-year assets and covers 136 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 464979424, and the plan has been effective since 2022-01-14. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $7M at the beginning of 2024 to $9M at year-end — a gain of 28.4%. Net assets (after liabilities) closed the year at $9M, with reported net income of $2M 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)$7M
Total Assets (End of Year)$9M
Net Assets (End of Year)$9M
Net Income$2M
Plan Type401(k)
Employer EIN464979424
Plan Effective Date2022-01-14
Filing StatusFILING RECEIVED

Sponsor Plan History (HYPERFINE OPERATIONS, INC)

Year Plans Participants Total Assets
2022 1 180 $5M
2023 1 147 $7M
2024 1 136 $9M

Nearby 401(k) Plans in Connecticut

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the HYPERFINE OPERATIONS, INC. 401(K) PLAN?
As of the 2024 Form 5500 filing, HYPERFINE OPERATIONS, INC. 401(K) PLAN holds $9M in total assets with 136 participants. It is sponsored by HYPERFINE OPERATIONS, INC.
What type of plan is HYPERFINE OPERATIONS, INC. 401(K) PLAN?
HYPERFINE OPERATIONS, INC. 401(K) PLAN is a 401(k) plan. It has been effective since 2022-01-14. The plan is filed with the U.S. Department of Labor under EIN 464979424.
Who sponsors the HYPERFINE OPERATIONS, INC. 401(K) PLAN?
HYPERFINE OPERATIONS, INC. 401(K) PLAN is sponsored by HYPERFINE OPERATIONS, INC, located in Connecticut. The sponsor's EIN is 464979424 and the plan operates in the Professional & Technical Services industry.
How did HYPERFINE OPERATIONS, INC. 401(K) PLAN perform in 2024?
HYPERFINE OPERATIONS, INC. 401(K) PLAN grew by 28.4% during 2024, moving from $7M to $9M in total assets. Net income was $2M.
Where can I find official filings for HYPERFINE OPERATIONS, INC. 401(K) PLAN?
Official Form 5500 filings for HYPERFINE OPERATIONS, INC. 401(K) PLAN are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 464979424 or plan name at efast.dol.gov.
How does HYPERFINE OPERATIONS, INC. 401(K) PLAN compare to other plans?
You can compare HYPERFINE OPERATIONS, INC. 401(K) PLAN against other 401(k) plans on the plan type page, or view plans in Connecticut on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

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Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 464979424.

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.