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PRIME MEDICINE, LLC CASH BALANCE PLAN 401k Plan overview

Plan NamePRIME MEDICINE, LLC CASH BALANCE PLAN
Plan identification number 002

PRIME MEDICINE, LLC CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).

401k Sponsoring company profile

PRIME MEDICINE, LLC has sponsored the creation of one or more 401k plans.

Company Name:PRIME MEDICINE, LLC
Employer identification number (EIN):030613620
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Additional information about PRIME MEDICINE, LLC

Jurisdiction of Incorporation: Maryland Secretary of State
Incorporation Date:
Company Identification Number: W11692696

More information about PRIME MEDICINE, LLC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan PRIME MEDICINE, LLC CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01
0022022-01-01
0022021-01-01
0022020-01-01

Financial Data on PRIME MEDICINE, LLC CASH BALANCE PLAN

Measure Date Value
2025 : PRIME MEDICINE, LLC CASH BALANCE PLAN 2025 401k financial data
Total transfers to/from plan in this plan year2025-09-150
Total liabilities as of the end of the plan year2025-09-150
Total liabilities as of the beginning of the plan year2025-09-150
Total expenses incurred by plan in this plan year2025-09-150
Net assets as of the end of the plan year2025-09-15913154
Total assets as of the beginning of the plan year2025-09-15884144
Participant contributions to plan in this plan year2025-09-150
Other expenses paid from plan in this plan year2025-09-150
Other contributions to plan in this plan year2025-09-150
Other income to plan in this plan year2025-09-1529010
Plan net income in this plan year2025-09-1529010
Net assets as of the end of the plan year2025-09-15913154
Net assets as of the beginning of the plan year2025-09-15884144
Employer contributions to plan in this plan year2025-09-150
Expensese paid to adminstrative service provicers from plan in this plan year2025-09-150
2024 : PRIME MEDICINE, LLC CASH BALANCE PLAN 2024 401k financial data
Total expenses incurred by plan in this plan year2024-10-100
Net assets as of the end of the plan year2024-10-10884144
Total assets as of the beginning of the plan year2024-10-10648856
Participant contributions to plan in this plan year2024-10-100
Other contributions to plan in this plan year2024-10-100
Other income to plan in this plan year2024-10-10-14712
Plan net income in this plan year2024-10-10235288
Net assets as of the end of the plan year2024-10-10884144
Net assets as of the beginning of the plan year2024-10-10648856
Employer contributions to plan in this plan year2024-10-10250000
2022 : PRIME MEDICINE, LLC CASH BALANCE PLAN 2022 401k financial data
Total liabilities as of the beginning of the plan year2022-09-230
Total expenses incurred by plan in this plan year2022-09-230
Net assets as of the end of the plan year2022-09-23429493
Total assets as of the beginning of the plan year2022-09-23250977
Participant contributions to plan in this plan year2022-09-230
Other contributions to plan in this plan year2022-09-230
Other income to plan in this plan year2022-09-23-71484
Plan net income in this plan year2022-09-23178516
Net assets as of the end of the plan year2022-09-23429493
Net assets as of the beginning of the plan year2022-09-23250977
Employer contributions to plan in this plan year2022-09-23250000

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