Plan Ledger DOL Form 5500 · updated monthly

Alnylam Pharmaceuticals, Inc.401(k)

ALNYLAM PHARMACEUTICALS, INC. SAVINGS & INVESTMENT PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Alnylam Pharmaceuticals, Inc. reported $361,760 in plan administrative expenses for 2024: 0.12% of average plan assets, above the peer median. Employer contributions averaged $8,078 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 rose from 0.07% to 0.12%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other professional & technical services employers. By assets it is the 159th-largest of 2,726 plans among Massachusetts employers on file, and the 496th of 11,654 in professional & technical services. In 2024, employees put in $2.17 for every $1.00 the employer contributed; active participation has grown from 1,639 to 1,815 since 2022.

Plan summary
Net assets, end of year$343,996,084
Participants with balances2,324
Active participants1,815
Employer contributions$14,660,673
Employee contributions$31,791,379
Employer contribution per active participant$8,078
Average account balance$148,019
Benefits paid to participants$38,704,316
Plan auditUnmodified (clean) audit opinion
AuditorRSM US LLP
Plan history3
Yearassets · accounts · employer contribution
2024$344.0M · 2,324 accts · $14.7M emplr
2023$275.6M · 2,154 accts · $11.2M emplr
2022$210.2M · 2,026 accts · $9.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$250,338
Investment management$77,297
Audit (IQPA)$34,125
Total administrative$361,760
The Alnylam Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$8,078
Median for plans this size$4,294
2024$8,078 per active participant
2023$6,612 per active participant
2022$5,815 per active participant

Alnylam Pharmaceuticals, Inc.'s 2024 employer contribution ran above the $4,294 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$250,302
MERRILL LYNCH PIERCE FENNER & SMIT · Investment advisory (plan)$77,297
RSM US LLP · Accounting / audit$34,125

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$361,760 · 0.12%
2023$180,647 · 0.07%
2022Not separately reported
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Goulston & Storrs PC MA$397.6M · 0.09%
Foley Hoag LLP MA$381.7M · 0.06%
Forrester Research Inc MA$357.5M · 0.01%
Cornerstone Research, Inc. MA$346.4M · 0.00%
Intersystems Corporation MA$341.1M · 0.00%
Cra International, Inc. MA$334.4M · 0.09%
Oasis Systems, LLC MA$334.0M · 0.15%
Toast, Inc. MA$323.2M · 0.14%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 043696884 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.