B LAB has sponsored the creation of one or more 401k plans.
| Measure | Date | Value |
|---|
| 2023 : B LAB 403B RETIREMENT PLAN 2023 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2023-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $0 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2023-12-31 | $105 |
| Total income from all sources (including contributions) | 2023-12-31 | $1,403,202 |
| Total loss/gain on sale of assets | 2023-12-31 | $0 |
| Total of all expenses incurred | 2023-12-31 | $1,245,727 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2023-12-31 | $1,214,080 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2023-12-31 | $970,350 |
| Value of total assets at end of year | 2023-12-31 | $3,421,982 |
| Value of total assets at beginning of year | 2023-12-31 | $3,264,612 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2023-12-31 | $31,647 |
| Total interest from all sources | 2023-12-31 | $2,254 |
| Total dividends received (eg from common stock, registered investment company shares) | 2023-12-31 | $107,102 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2023-12-31 | $107,102 |
| Was this plan covered by a fidelity bond | 2023-12-31 | Yes |
| Value of fidelity bond cover | 2023-12-31 | $320,000 |
| If this is an individual account plan, was there a blackout period | 2023-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2023-12-31 | No |
| Contributions received from participants | 2023-12-31 | $598,053 |
| Participant contributions at end of year | 2023-12-31 | $6,201 |
| Participant contributions at beginning of year | 2023-12-31 | $10,134 |
| Participant contributions at end of year | 2023-12-31 | $3,064 |
| Participant contributions at beginning of year | 2023-12-31 | $0 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2023-12-31 | $155,361 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2023-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2023-12-31 | $0 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2023-12-31 | $105 |
| Total non interest bearing cash at end of year | 2023-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2023-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Value of net income/loss | 2023-12-31 | $157,475 |
| Value of net assets at end of year (total assets less liabilities) | 2023-12-31 | $3,421,982 |
| Value of net assets at beginning of year (total assets less liabilities) | 2023-12-31 | $3,264,507 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2023-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2023-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2023-12-31 | No |
| Investment advisory and management fees | 2023-12-31 | $16,982 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2023-12-31 | $3,380,654 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2023-12-31 | $3,219,619 |
| Interest on participant loans | 2023-12-31 | $324 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2023-12-31 | $31,086 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2023-12-31 | $34,859 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2023-12-31 | $34,859 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2023-12-31 | $1,930 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2023-12-31 | $323,496 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2023-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2023-12-31 | Yes |
| Has the plan failed to provide any benefit when due under the plan | 2023-12-31 | No |
| Contributions received in cash from employer | 2023-12-31 | $216,936 |
| Employer contributions (assets) at end of year | 2023-12-31 | $977 |
| Employer contributions (assets) at beginning of year | 2023-12-31 | $0 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2023-12-31 | $1,214,080 |
| Did the plan have assets held for investment | 2023-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2023-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2023-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2023-12-31 | Unqualified |
| Accountancy firm name | 2023-12-31 | GELMAN ROSENBERG & FREEDMAN |
| Accountancy firm EIN | 2023-12-31 | 521993362 |
| 2022 : B LAB 403B RETIREMENT PLAN 2022 401k financial data |
|---|
| Total unrealized appreciation/depreciation of assets | 2022-12-31 | $0 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $105 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $0 |
| Total income from all sources (including contributions) | 2022-12-31 | $355,061 |
| Total loss/gain on sale of assets | 2022-12-31 | $0 |
| Total of all expenses incurred | 2022-12-31 | $122,178 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $94,417 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $890,468 |
| Value of total assets at end of year | 2022-12-31 | $3,264,612 |
| Value of total assets at beginning of year | 2022-12-31 | $3,031,624 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $27,761 |
| Total interest from all sources | 2022-12-31 | $870 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $87,062 |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $87,062 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $300,000 |
| If this is an individual account plan, was there a blackout period | 2022-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2022-12-31 | No |
| Contributions received from participants | 2022-12-31 | $546,842 |
| Participant contributions at end of year | 2022-12-31 | $10,134 |
| Participant contributions at beginning of year | 2022-12-31 | $17,000 |
| Participant contributions at end of year | 2022-12-31 | $0 |
| Participant contributions at beginning of year | 2022-12-31 | $172 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $140,705 |
| Value of other receiveables (less allowance for doubtful accounts) at end of year | 2022-12-31 | $0 |
| Value of other receiveables (less allowance for doubtful accounts) at beginning of year | 2022-12-31 | $905 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $105 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $0 |
| Total non interest bearing cash at end of year | 2022-12-31 | $0 |
| Total non interest bearing cash at beginning of year | 2022-12-31 | $0 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Value of net income/loss | 2022-12-31 | $232,883 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $3,264,507 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $3,031,624 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2022-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2022-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2022-12-31 | No |
| Investment advisory and management fees | 2022-12-31 | $15,802 |
| Value of interest in registered invesment companies (eg mutual funds) at end of year | 2022-12-31 | $3,219,619 |
| Value of interest in registered invesment companies (eg mutual funds) at beginning of year | 2022-12-31 | $2,983,465 |
| Interest on participant loans | 2022-12-31 | $473 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at end of year | 2022-12-31 | $34,859 |
| Interest-bearing cash (include money market accounts & certificates of deposit) at beginning of the Year | 2022-12-31 | $28,960 |
| Value of interest bearing cash (including money market accounts and certificates of deposits) at beginning of year | 2022-12-31 | $28,960 |
| Interest earned from interest bearing cash (including money market accounts and certificates of deposit) | 2022-12-31 | $397 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-623,339 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2022-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2022-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2022-12-31 | No |
| Contributions received in cash from employer | 2022-12-31 | $202,921 |
| Employer contributions (assets) at end of year | 2022-12-31 | $0 |
| Employer contributions (assets) at beginning of year | 2022-12-31 | $1,122 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $94,417 |
| Contract administrator fees | 2022-12-31 | $11,959 |
| Did the plan have assets held for investment | 2022-12-31 | Yes |
| Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser | 2022-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2022-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2022-12-31 | Unqualified |
| Accountancy firm name | 2022-12-31 | GELMAN ROSENBERG & FREEDMAN |
| Accountancy firm EIN | 2022-12-31 | 521993362 |
