Plan Ledger DOL Form 5500 · updated monthly

Argenx US Inc.401(k)

ARGENX US INC. 401(K) PROFIT SHARING PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Argenx US Inc. reported $25,286 in plan administrative expenses for 2024: 0.05% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,209 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 2 years on file its reported administrative ratio rose from 0.02% to 0.05%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 562nd-largest of 2,726 plans among Massachusetts employers on file, and the 2,142nd of 11,654 in professional & technical services. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 347 to 705 since 2022.

Plan summary
Net assets, end of year$67,157,948
Participants with balances702
Active participants705
Employer contributions$5,787,281
Employee contributions$12,493,481
Employer contribution per active participant$8,209
Average account balance$95,667
Benefits paid to participants$4,518,896
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$67.2M · 702 accts · $5.8M emplr
2023$36.7M · 436 accts · $3.0M emplr
2022$18.8M · 338 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,831
Investment management$22,455
Total administrative$25,286
The Argenx US Inc. 401(k) match · 2024
Employer contribution per active participant$8,209
Median for plans this size$3,635
2024$8,209 per active participant
2023$6,490 per active participant
2022$6,825 per active participant

Argenx US Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,455
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,831

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$25,286 · 0.05%
2023$12,575 · 0.05%
2022$2,850 · 0.02%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Infovista Technologies Inc. MA$68.5M · 0.27%
Hemenway & Barnes LLP MA$68.3M · 0.20%
Rubin and Rudman LLP MA$67.4M · 0.03%
Flagship Pioneering, Inc. MA$65.0M · 0.01%
Axis Communications, Inc. MA$63.6M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364880497 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.