Mount Sinai Genomics, Inc. 401(k) Plan: Login, Facts & Contact Information

Mount Sinai Genomics, Inc. 401(k) Plan Facts

Plan name
SEMA4 401(K) PLAN
Plan type
401(k) with employer contributions and profit sharing
Plan sponsor
GENEDX HOLDINGS CORP. · formerly Mount Sinai Genomics, Inc.
Participants
2,084 (1,513 active employees)
Former employees with a balance
533
Plan assets
$118,529,560 at Dec 31, 2022
Average account balance
$90,000 across 1,317 accounts
Employer contributions
$9,692,099 in plan year 2022 (36% of all contributions)
Recordkeeper
Principal Life Insurance Company
Plan year
Jan 1, 2022 – Dec 31, 2022
Plan established
Feb 1, 2018
✓ Employer contributions✓ Automatic enrollment✓ Default investment for undecided participants✓ Participants choose their own investments— Self-directed brokerage window✓ Profit sharing— Company stock (ESOP)

Source: Form 5500 for plan year 2022 (Jan 1, 2022 – Dec 31, 2022), filed Oct 11, 2023. Public filing with the U.S. Department of Labor.

Money in and out in plan year 2022

  • $26.7 million went into the plan in contributions, $9.69 million of it from the employer (36%).
  • $9.12 million was paid out to participants.
  • Administrative expenses were $26,254, about $20 per account.

How the Mount Sinai Genomics, Inc. 401(k) changed, 2018–2022

Plan yearParticipantsPlan assetsEmployer contributionsBenefits paid
2018385$6.94 million$2.60 million$148,812
2019530$19.2 million$4.00 million$398,565
2020885$38.0 million$5.55 million$1.64 million
20211,084$68.5 million$8.15 million$4.12 million
20222,084$118.5 million$9.69 million$9.12 million

Mount Sinai Genomics, Inc. 401(k) Contact Information

Phone
475-333-3741
Mailing address
333 LUDLOW ST, NORTH TOWER 8TH FLOOR, STAMFORD CT 069026987
Plan sponsor
GENEDX HOLDINGS CORP.
Employer identification number (EIN)
47-5349024
Plan number
001

Questions about the Mount Sinai Genomics, Inc. 401(k)

Does Mount Sinai Genomics, Inc contribute to the 401(k)?

Yes. The plan reports an employer contribution arrangement. In plan year 2022 the employer contributed $9.69 million, 36% of all contributions.

Does the Mount Sinai Genomics, Inc 401(k) have automatic enrollment?

Yes. The plan reports automatic enrollment of eligible employees.

How many people are in the Mount Sinai Genomics, Inc 401(k) plan?

2,084 participants at the start of plan year 2022, 1,513 of them active employees, and 533 former employees who still had money in the plan.

What is the average 401(k) balance at Mount Sinai Genomics, Inc?

About $90,000 per account: $118.5 million in plan assets across 1,317 accounts with a balance at the end of plan year 2022.

Who manages the Mount Sinai Genomics, Inc 401(k) accounts?

Principal (listed on the filing as PRINCIPAL LIFE INSURANCE COMPANY) is the plan's recordkeeper, which is where participants log in to see their balance.

I no longer work at Mount Sinai Genomics, Inc. How do I access my 401(k)?

Your account stays with Principal after you leave, so you can log in with the same credentials. If your balance was small, the plan may have rolled it into an IRA in your name. If you can't find it, Beagle can locate it for you.

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