Plan Ledger DOL Form 5500 · updated monthly

Blueprint Medicines Corporation401(k)

BLUEPRINT MEDICINES CORPORATION 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.15%

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

Blueprint Medicines Corporation reported $126,633 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. Employer contributions averaged $8,288 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 3 years on file its reported administrative ratio has held roughly steady near 0.148%. 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 431st-largest of 2,726 plans among Massachusetts employers on file, and the 1,544th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$98,022,159
Participants with balances729
Active participants562
Employer contributions$4,657,873
Employee contributions$11,089,712
Employer contribution per active participant$8,288
Average account balance$134,461
Benefits paid to participants$4,166,360
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRAY GRAY
Plan history3
Yearassets · accounts · employer contribution
2024$98.0M · 729 accts · $4.7M emplr
2023$73.2M · 747 accts · $4.6M emplr
2022$48.1M · 705 accts · $3.8M emplr
Administrative expenses, itemized · 2024
Investment management$126,633
Total administrative$126,633
The Blueprint Medicines Corporation 401(k) match · 2024
Employer contribution per active participant$8,288
Median for plans this size$3,635
2024$8,288 per active participant
2023$7,848 per active participant
2022$6,658 per active participant

Blueprint Medicines Corporation'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
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$126,633
THE VANGUARD GROUP, INC. · Claims processing · Loan processing$6,155

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$126,633 · 0.15%
2023$87,743 · 0.14%
2022$70,628 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Lifeworks (US) LTD. MA$98.9M · 0.28%
The Dennis Group, Inc. MA$98.3M · 0.10%
Physical Sciences Inc. MA$97.8M · 0.03%
Bullhorn, Inc. MA$93.6M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263632015 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.