Plan Ledger DOL Form 5500 · updated monthly

Beigene USA, Inc.401(k)

BEIGENE USA, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Beigene USA, Inc. reported $52,933 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $12,889 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 0.03%. 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 231st-largest of 2,726 plans among Massachusetts employers on file, and the 711th of 11,654 in professional & technical services. In 2024, employees put in $1.49 for every $1.00 the employer contributed; active participation has grown from 1,291 to 1,650 since 2022.

Plan summary
Net assets, end of year$228,467,616
Participants with balances2,030
Active participants1,650
Employer contributions$21,266,066
Employee contributions$31,767,568
Employer contribution per active participant$12,889
Average account balance$112,546
Benefits paid to participants$18,669,078
Plan auditUnmodified (clean) audit opinion
AuditorWITHUMSMITHBROWN PC
Plan history3
Yearassets · accounts · employer contribution
2024$228.5M · 2,030 accts · $21.3M emplr
2023$163.5M · 1,816 accts · $16.3M emplr
2022$98.7M · 1,558 accts · $10.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$25,839
Investment management$27,094
Total administrative$52,933
The Beigene USA, Inc. 401(k) match · 2024
Employer contribution per active participant$12,889
Median for plans this size$3,635
2024$12,889 per active participant
2023$10,766 per active participant
2022$7,852 per active participant

Beigene USA, 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$52,933

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$52,933 · 0.03%
2023$30,144 · 0.02%
2022$21,635 · 0.02%
Same employer
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Ameresco, Inc. MA$251.6M · 0.13%
Eclinicalworks, LLC MA$240.9M · 0.07%
Monster Worldwide Inc. MA$223.3M · 0.11%
Eastern Research Group, Inc. MA$217.6M · 0.14%
Enel North America, Inc. MA$214.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 364815718 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.