Plan Ledger DOL Form 5500 · updated monthly

Crinetics Pharmaceuticals, Inc.401(k)

CRINETICS PHARMACEUTICALS, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Crinetics Pharmaceuticals, Inc. reported $30,833 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $1,756 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 0.07% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,699th-largest of 9,483 plans among California employers on file, and the 4,210th of 11,654 in professional & technical services. In 2024, employees put in $8.40 for every $1.00 the employer contributed; active participation has grown from 199 to 428 since 2022.

Plan summary
Net assets, end of year$29,664,489
Participants with balances415
Active participants428
Employer contributions$751,389
Employee contributions$6,313,426
Employer contribution per active participant$1,756
Average account balance$71,481
Benefits paid to participants$1,076,282
Plan auditUnmodified (clean) audit opinion
AuditorKBF CPAS-AUDIT, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$29.7M · 415 accts · $751K emplr
2023$17.3M · 293 accts · $461K emplr
2022$8.9M · 217 accts · $327K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,666
Investment management$3,167
Total administrative$30,833
The Crinetics Pharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$1,756
Median for plans this size$2,416
2024$1,756 per active participant
2023$1,654 per active participant
2022$1,644 per active participant

Crinetics Pharmaceuticals, Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size. 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
FIDELITY WORKPLACE SERVICES LLC · Plan administrator · Trustee (discretionary)$27,666

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$30,833 · 0.13%
2023$17,235 · 0.13%
2022$5,928 · 0.07%
Same employer
Similar plansProfessional & Technical Services · California
Square Enix, Inc. CA$30.1M · 0.03%
Mns Engineers, Inc. CA$30.0M · 0.40%
Zazzle Inc. CA$29.7M · 0.43%
Resolution Economics, LLC CA$29.5M · 0.32%
Dna Twopointo, Inc., CA$29.5M · 0.04%
Nio USA, Inc. CA$29.4M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263744114 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.