Plan Ledger DOL Form 5500 · updated monthly

Clovis Oncology, Inc.401(k)

CLOVIS ONCOLOGY, INC. 401(K) PLAN · BOULDER, CO · plan year 2022

Reported admin expense ratio · 2022
0.15%

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

Clovis Oncology, Inc. reported $80,443 in plan administrative expenses for 2022: 0.15% of average plan assets, above the peer median. Employer contributions averaged $14,704 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.

The plan sits in the $50M–$250M size bracket, benchmarked here against 9,341 comparable plans and shown alongside other professional & technical services employers. By assets it is the 258th-largest of 1,461 plans among Colorado employers on file, and the 2,891st of 11,654 in professional & technical services. In 2022, employees put in $2.37 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$47,230,121
Participants with balances360
Active participants119
Employer contributions$1,749,781
Employee contributions$4,148,102
Employer contribution per active participant$14,704
Average account balance$131,195
Benefits paid to participants$8,288,388
Plan auditUnmodified (clean) audit opinion
AuditorBROCK AND COMPANY
Plan history2
Yearassets · accounts · employer contribution
2023$0 · $304K emplr
2022$47.2M · 360 accts · $1.7M emplr
Administrative expenses, itemized · 2022
Recordkeeping & contract admin$80,443
Total administrative$80,443
The Clovis Oncology, Inc. 401(k) match · 2022
Employer contribution per active participant$14,704
Median for plans this size$3,449

Clovis Oncology, Inc.'s 2022 employer contribution ran above the $3,449 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023Not separately reported
2022$80,443 · 0.15%
Similar plansProfessional & Technical Services · Colorado
Rocky Mountain Institute CO$55.4M · 0.40%
Apogee Engineering LLC CO$49.3M · 0.05%
Nextworld, LLC CO$49.1M · 0.15%
Hall & Evans, LLC CO$45.3M · 0.17%
Onepoint Hro, LLC CO$44.9M · 0.65%
Boecore, LLC CO$44.6M · 0.58%

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Source: U.S. Department of Labor, Form 5500 series, EIN 900475355 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.