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Form 5500 · Employee benefit plan · LEXINGTON, MA

T2 BIOSYSTEMS

The filing calls this plan T2 BIOSYSTEMS EMPLOYEE LIFE AND DISABILITY PLAN.

T2 BIOSYSTEMS of LEXINGTON, MA files a Form 5500 with the U.S. Department of Labor disclosing its employee benefit plan. Its broker of record is BROWN AND BROWN OF MASSACHUSETTS. Coverage is written through EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA. The plan's most recent policy period ended in December.

Benefits broker of record
Policy year ends
Decemberas filed for plan year 2023

Sourced from U.S. DOL EFAST2 Form 5500 · EIN 20-4827488 · plan 503 · plan year 2023, filed Apr 1, 2024

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How this plan is funded

Funding not settled by the filing

The filing does not report enough to settle how this plan pays for benefits.

All participants at the start of the year
160
Active at start of year
160
Active at end of year
103
Disclosed commissions
$5,693
Typical renewal
January 1

Benefits declared on this filing

Healthnot declared on this filing
Dentalnot declared on this filing
Visionnot declared on this filing
Lifeinsured — EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA103 of 160 participants (64%)
Disabilityinsured — EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA103 of 160 participants (64%)

Also declared: death benefits.

Declared benefits are the plan’s own line 8b codes on Form 5500. “Not on Schedule A” means no insured contract for that line appears on this filing. That usually means the benefit is self-funded, or it sits under a different plan number.

Persons covered is the count the carrier filed for that policy at the end of its policy year, and it can include dependents. Participants is the plan's own count at the start of its plan year. The two count different people, so a covered figure can be larger.

Plan brief

Schedule A lists 1 insured contract covering life and disability; the largest, with EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICA, covers 103 people.

Reported premium across the insured contracts is $44,928, with $5,693 in disclosed broker commissions — about 13% of premium.

The most recent policy period ended in December, and the plan year ends December 31. Group contracts typically renew on that annual cycle.

Schedule A insurance contracts

CarrierBenefitsCoveredRenewsPremiumCommission
EQUITABLE FINANCIAL LIFE INSURANCE COMPANY OF AMERICALife, Disability103Jan 1, 2024$44,928$5,693

Covered = persons covered at policy year end, as filed on Schedule A for that policy — often certificates or one class, not the whole plan. Premium = the filing’s own premium/charges figure; “—” means not credibly reported.

See the filing at the Department of Labor

Administrator and service providers

Plan administrator on the filing
T2 BIOSYSTEMS
EIN 20-4827488

The plan administrator is from line 3a of the main form. We publish company names only.

Other plans filed by this employer

How this plan compares

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