Plan Ledger DOL Form 5500 · updated monthly

Affinivax Inc401(k)

AFFINIVAX INC 401(K) PROFIT SHARING PLAN & TRUST · CAMBRIDGE, MA · plan year 2022

Reported admin expense ratio · 2022
0.31%

Peer grade: A- · admin costs + employer contributions vs same-size plans · how grading works

Affinivax Inc reported $20,710 in plan administrative expenses for 2022: 0.31% of average plan assets, below the peer median. Employer contributions averaged $6,515 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,050th of 2,726), and 8,678th of 11,654 in professional & technical services. In 2022, employees put in $1.59 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$8,026,319
Participants with balances257
Active participants220
Employer contributions$1,433,328
Employee contributions$2,284,098
Employer contribution per active participant$6,515
Average account balance$31,231
Benefits paid to participants$410,446
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $210K emplr
2022$8.0M · 257 accts · $1.4M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$15,815
Investment management$4,895
Total administrative$20,710
The Affinivax Inc 401(k) match · 2022
Employer contribution per active participant$6,515
Median for plans this size$1,114

Affinivax Inc's 2022 employer contribution ran above the $1,114 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$20,710 · 0.31%
Similar plansProfessional & Technical Services · Massachusetts
Solo.Io MA$8.2M · 0.04%
Lyndra Therapeutics, Inc. MA$8.1M · 0.36%
Boston Semi Equipment LLC MA$8.1M · 0.42%
Toolsgroup, Inc. MA$7.8M · 0.78%
Avrobio, Inc MA$7.7M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464701432 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.