Plan Ledger DOL Form 5500 · updated monthly

Erasca, Inc.401(k)

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

Reported admin expense ratio · 2024
0.04%

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

Erasca, Inc. reported $5,132 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,694 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 0.04%. 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 4,346th-largest of 9,483 plans among California employers on file, and 6,508th of 11,654 in professional & technical services. In 2024, employees put in $2.61 for every $1.00 the employer contributed; active participation has shrunk from 133 to 109 since 2022.

Plan summary
Net assets, end of year$15,288,738
Participants with balances146
Active participants109
Employer contributions$947,609
Employee contributions$2,474,431
Employer contribution per active participant$8,694
Average account balance$104,717
Benefits paid to participants$1,352,481
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$15.3M · 146 accts · $948K emplr
2023$11.2M · 154 accts · $853K emplr
2022$5.8M · 136 accts · $538K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,550
Investment management$3,582
Total administrative$5,132
The Erasca, Inc. 401(k) match · 2024
Employer contribution per active participant$8,694
Median for plans this size$2,416
2024$8,694 per active participant
2023$6,561 per active participant
2022$4,042 per active participant

Erasca, Inc.'s 2024 employer contribution ran above the $2,416 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
EMPOWER ADVISORY GROUP, LLC · Investment management$3,582

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$5,132 · 0.04%
2023$2,323 · 0.03%
2022$886 · 0.02%
Similar plansProfessional & Technical Services · California
Health Advocates, LLC CA$15.4M · 0.25%
Lance, Soll & Lunghard, LLP CA$15.3M · 0.45%
Sgi, Inc. CA$15.2M · 0.42%
Instabase CA$15.2M · 0.13%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 831217027 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.