BIOLIFE SOLUTIONS has sponsored the creation of one or more 401k plans.
Submission information for form 5500 for 401k plan BIOLIFE SOLUTIONS, INC 401(K) PLAN
| Measure | Date | Value |
|---|
| 2022 : BIOLIFE SOLUTIONS, INC 401(K) PLAN 2022 401k financial data |
|---|
| Total transfer of assets to this plan | 2022-12-31 | $3,969,394 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $8,467 |
| Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2022-12-31 | $7,530 |
| Total income from all sources (including contributions) | 2022-12-31 | $1,610,799 |
| Total of all expenses incurred | 2022-12-31 | $1,119,632 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2022-12-31 | $1,095,451 |
| Expenses. Certain deemed distributions of participant loans | 2022-12-31 | $1,668 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2022-12-31 | $3,186,500 |
| Value of total assets at end of year | 2022-12-31 | $9,987,987 |
| Value of total assets at beginning of year | 2022-12-31 | $5,526,489 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2022-12-31 | $22,513 |
| Total interest from all sources | 2022-12-31 | $4,346 |
| Total dividends received (eg from common stock, registered investment company shares) | 2022-12-31 | $6,538 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2022-12-31 | No |
| Total dividends received from registered investment company shares (eg mutual funds) | 2022-12-31 | $6,538 |
| Was this plan covered by a fidelity bond | 2022-12-31 | Yes |
| Value of fidelity bond cover | 2022-12-31 | $500,000 |
| 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 | $1,956,193 |
| Participant contributions at end of year | 2022-12-31 | $80,028 |
| Participant contributions at end of year | 2022-12-31 | $45 |
| Participant contributions at beginning of year | 2022-12-31 | $1,504 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2022-12-31 | $209,861 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2022-12-31 | $8,467 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at beginning of year | 2022-12-31 | $7,530 |
| 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 | $491,167 |
| Value of net assets at end of year (total assets less liabilities) | 2022-12-31 | $9,979,520 |
| Value of net assets at beginning of year (total assets less liabilities) | 2022-12-31 | $5,518,959 |
| 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 |
| Value of interest in pooled separate accounts at end of year | 2022-12-31 | $9,767,973 |
| Value of interest in pooled separate accounts at beginning of year | 2022-12-31 | $5,398,220 |
| Interest on participant loans | 2022-12-31 | $4,346 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2022-12-31 | $139,941 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2022-12-31 | $126,765 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2022-12-31 | $-1,586,585 |
| 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 | $1,020,446 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2022-12-31 | $1,095,451 |
| Contract administrator fees | 2022-12-31 | $22,513 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2022-12-31 | No |
| 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 | CLIFTON LARSON ALLEN |
| Accountancy firm EIN | 2022-12-31 | 410746749 |
| 2021 : BIOLIFE SOLUTIONS, INC 401(K) PLAN 2021 401k financial data |
|---|
| Total transfer of assets to this plan | 2021-12-31 | $244,979 |
| Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities) | 2021-12-31 | $7,530 |
| Total income from all sources (including contributions) | 2021-12-31 | $2,284,795 |
| Total of all expenses incurred | 2021-12-31 | $174,925 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2021-12-31 | $172,613 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2021-12-31 | $1,711,734 |
| Value of total assets at end of year | 2021-12-31 | $5,526,489 |
| Value of total assets at beginning of year | 2021-12-31 | $3,164,110 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2021-12-31 | $2,312 |
| Has a resolution to terminate the plan been adopted during the plan year or any prior plan year | 2021-12-31 | No |
| Was this plan covered by a fidelity bond | 2021-12-31 | Yes |
| Value of fidelity bond cover | 2021-12-31 | $500,000 |
| If this is an individual account plan, was there a blackout period | 2021-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2021-12-31 | No |
| Contributions received from participants | 2021-12-31 | $1,102,234 |
| Participant contributions at end of year | 2021-12-31 | $1,504 |
| Participant contributions at beginning of year | 2021-12-31 | $3,224 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2021-12-31 | $61,464 |
| Other liabilities (not benefit claims, operating payabales oe acquisition indebtedness) at end of year | 2021-12-31 | $7,530 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2021-12-31 | No |
| Value of net income/loss | 2021-12-31 | $2,109,870 |
| Value of net assets at end of year (total assets less liabilities) | 2021-12-31 | $5,518,959 |
| Value of net assets at beginning of year (total assets less liabilities) | 2021-12-31 | $3,164,110 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2021-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2021-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2021-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2021-12-31 | $5,398,220 |
| Value of interest in pooled separate accounts at beginning of year | 2021-12-31 | $3,071,290 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2021-12-31 | $126,765 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2021-12-31 | $88,703 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2021-12-31 | $573,061 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2021-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2021-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2021-12-31 | No |
| Contributions received in cash from employer | 2021-12-31 | $548,036 |
| Employer contributions (assets) at beginning of year | 2021-12-31 | $893 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2021-12-31 | $172,613 |
| Contract administrator fees | 2021-12-31 | $2,312 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2021-12-31 | No |
| Did the plan have assets held for investment | 2021-12-31 | 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 | 2021-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2021-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2021-12-31 | Unqualified |
| Accountancy firm name | 2021-12-31 | CLIFTON LARSON ALLEN |
| Accountancy firm EIN | 2021-12-31 | 410746749 |
| 2020 : BIOLIFE SOLUTIONS, INC 401(K) PLAN 2020 401k financial data |
|---|
| Total income from all sources (including contributions) | 2020-12-31 | $2,395,512 |
| Total of all expenses incurred | 2020-12-31 | $170,108 |
| Benefit payments and payments to participlants,beneficiaries,insurance carriers and others | 2020-12-31 | $169,093 |
| Total contributions o plan (from employers,participants, others, non cash contrinutions) | 2020-12-31 | $1,846,550 |
| Value of total assets at end of year | 2020-12-31 | $3,164,110 |
| Value of total assets at beginning of year | 2020-12-31 | $938,706 |
| Total of administrative expenses incurred including professional, contract, advisory and management fees | 2020-12-31 | $1,015 |
| Was this plan covered by a fidelity bond | 2020-12-31 | Yes |
| Value of fidelity bond cover | 2020-12-31 | $100,000 |
| If this is an individual account plan, was there a blackout period | 2020-12-31 | No |
| Were there any nonexempt tranactions with any party-in-interest | 2020-12-31 | No |
| Contributions received from participants | 2020-12-31 | $650,359 |
| Participant contributions at end of year | 2020-12-31 | $3,224 |
| Participant contributions at beginning of year | 2020-12-31 | $6,184 |
| Income. Received or receivable in cash from other sources (including rollovers) | 2020-12-31 | $848,032 |
| Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser | 2020-12-31 | No |
| Value of net income/loss | 2020-12-31 | $2,225,404 |
| Value of net assets at end of year (total assets less liabilities) | 2020-12-31 | $3,164,110 |
| Value of net assets at beginning of year (total assets less liabilities) | 2020-12-31 | $938,706 |
| Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond) | 2020-12-31 | No |
| Were any loans by the plan or fixed income obligations due to the plan in default | 2020-12-31 | No |
| Were any leases to which the plan was party in default or uncollectible | 2020-12-31 | No |
| Value of interest in pooled separate accounts at end of year | 2020-12-31 | $3,071,290 |
| Value of interest in pooled separate accounts at beginning of year | 2020-12-31 | $925,731 |
| Value of funds held in insurance company general accounts (unallocated contracts) at end of year | 2020-12-31 | $88,703 |
| Value of funds held in insurance company general accounts (unallocated contracts) at beginning of year | 2020-12-31 | $3,503 |
| Net investment gain/loss from registered investment companies (e.g. mutual funds) | 2020-12-31 | $548,962 |
| Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets | 2020-12-31 | No |
| Was there a failure to transmit to the plan any participant contributions | 2020-12-31 | No |
| Has the plan failed to provide any benefit when due under the plan | 2020-12-31 | No |
| Contributions received in cash from employer | 2020-12-31 | $348,159 |
| Employer contributions (assets) at end of year | 2020-12-31 | $893 |
| Employer contributions (assets) at beginning of year | 2020-12-31 | $3,288 |
| Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers | 2020-12-31 | $169,093 |
| Contract administrator fees | 2020-12-31 | $1,015 |
| Was the provided the required notice or one of the exceptions to providing the black out period notice applied under 29 CFR 2520.101-3 | 2020-12-31 | No |
| Did the plan have assets held for investment | 2020-12-31 | 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 | 2020-12-31 | No |
| Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC | 2020-12-31 | No |
| Opinion of an independent qualified public accountant for this plan | 2020-12-31 | Disclaimer |
| Accountancy firm name | 2020-12-31 | CLIFTON LARSON ALLEN |
| Accountancy firm EIN | 2020-12-31 | 410746749 |
