Allovir Inc.401(k)
ALLOVIR INC. 401(K) RETIREMENT PLAN · WALTHAM, MA · plan year 2023
Peer grade: A · admin costs + employer contributions vs same-size plans · how grading works
Allovir Inc. reported $5,907 in plan administrative expenses for 2023: 0.07% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,019 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.
Across the 1 year on file its reported administrative ratio fell from 0.07% to 0.01%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,884th of 2,726), and 7,958th of 11,654 in professional & technical services. In 2023, employees put in $2.00 for every $1.00 the employer contributed.
Allovir Inc.'s 2023 employer contribution ran above the $1,308 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.
Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.
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Source: U.S. Department of Labor, Form 5500 series, EIN 831971007 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.