Plan Ledger DOL Form 5500 · updated monthly

Bluebird Bio, Inc.401(k)

BLUEBIRD BIO, INC. 401(K) PLAN · SOMERVILLE, MA · plan year 2024

Reported admin expense ratio · 2024
0.16%

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

Bluebird Bio, Inc. reported $128,009 in plan administrative expenses for 2024: 0.16% of average plan assets, above the peer median. Employer contributions averaged $10,067 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 fell from 0.22% to 0.16%. 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 484th-largest of 2,726 plans among Massachusetts employers on file, and the 1,783rd of 11,654 in professional & technical services. In 2024, employees put in $2.42 for every $1.00 the employer contributed; active participation has shrunk from 310 to 272 since 2022.

Plan summary
Net assets, end of year$82,602,567
Participants with balances787
Active participants272
Employer contributions$2,738,316
Employee contributions$6,623,686
Employer contribution per active participant$10,067
Average account balance$104,959
Benefits paid to participants$16,327,781
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$82.6M · 787 accts · $2.7M emplr
2023$76.8M · 886 accts · $2.8M emplr
2022$61.7M · 863 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$83,565
Investment management$37,487
Total administrative$128,009
The Bluebird Bio, Inc. 401(k) match · 2024
Employer contribution per active participant$10,067
Median for plans this size$3,635
2024$10,067 per active participant
2023$7,001 per active participant
2022$7,027 per active participant

Bluebird Bio, 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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$90,522
SENTINEL PENSION ADVISORS INC · Investment advisory (plan)$37,487

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$128,009 · 0.16%
2023$119,511 · 0.17%
2022$155,608 · 0.22%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Riemer & Braunstein LLP MA$87.6M · 0.17%
Extreme Reach Inc. MA$85.0M · 0.13%
Immunogen, Inc. MA$81.8M · 0.02%
Cambridge Systematics, Inc MA$81.7M · 0.04%
Sage Therapeutics, Inc. MA$79.9M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 133680878 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.