Plan Ledger DOL Form 5500 · updated monthly

Exact Sciences Corporation401(k)

EXACT SCIENCES CORPORATION 401(K) PLAN · MADISON, WI · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Exact Sciences Corporation reported $230,806 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,549 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 0.11% to 0.03%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 48th-largest of 1,936 plans among Wisconsin employers on file, and the 243rd of 11,911 in health care & social assistance. In 2024, employees put in $1.70 for every $1.00 the employer contributed; active participation has grown from 5,918 to 6,706 since 2022.

Plan summary
Net assets, end of year$748,781,134
Participants with balances8,660
Active participants6,706
Employer contributions$43,919,534
Employee contributions$74,510,067
Employer contribution per active participant$6,549
Average account balance$86,464
Benefits paid to participants$72,093,804
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$748.8M · 8,660 accts · $43.9M emplr
2023$645.6M · 8,226 accts · $40.4M emplr
2022$463.7M · 7,766 accts · $35.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$230,806
Total administrative$230,806
The Exact Sciences Corporation 401(k) match · 2024
Employer contribution per active participant$6,549
Median for plans this size$4,294
2024$6,549 per active participant
2023$6,364 per active participant
2022$6,034 per active participant

Exact Sciences Corporation's 2024 employer contribution ran above the $4,294 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 INVESTMENTS INSTITUTIONAL · Loan processing$230,669

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$230,806 · 0.03%
2023$236,128 · 0.04%
2022$522,122 · 0.11%
Same employer
Similar plansHealth Care & Social Assistance · Wisconsin
Children's Wisconsin WI$1.0B · 0.07%
Aspirus, Inc. WI$893.4M · 0.13%
Bellin Health Systems, Inc. WI$861.9M · 0.06%
Thedacare Inc. WI$837.6M · 0.11%
Prohealth Care, Inc. WI$635.2M · 0.08%
Prevea Clinic, Inc. WI$491.7M · 0.07%
Meriter Health Systems, Inc. WI$334.6M · 0.06%
Baycare Clinic, L.L.P. WI$315.7M · 0.12%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 020478229 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.