Plan Ledger DOL Form 5500 · updated monthly

Fate Therapeutics, Inc.401(k)

FATE THERAPEUTICS, INC. 401(K) PENSION PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.40%

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

Fate Therapeutics, Inc. reported $126,928 in plan administrative expenses for 2024: 0.40% of average plan assets, above the peer median. Employer contributions averaged $3,882 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 0.51% to 0.40%. 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 2,425th-largest of 9,483 plans among California employers on file, and the 3,759th of 11,654 in professional & technical services. In 2024, employees put in $4.14 for every $1.00 the employer contributed; active participation has shrunk from 550 to 185 since 2022.

Plan summary
Net assets, end of year$34,276,707
Participants with balances416
Active participants185
Employer contributions$718,223
Employee contributions$2,976,429
Employer contribution per active participant$3,882
Average account balance$82,396
Benefits paid to participants$3,871,678
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$34.3M · 416 accts · $718K emplr
2023$28.5M · 461 accts · $1.9M emplr
2022$23.3M · 595 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$68,430
Investment management$58,498
Total administrative$126,928
The Fate Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$3,882
Median for plans this size$2,416
2024$3,882 per active participant
2023$10,175 per active participant
2022$2,285 per active participant

Fate Therapeutics, Inc.'s 2024 employer contribution ran above 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 · 20242
MMA SECURITIES · Investment advisory (plan)$58,498

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$126,928 · 0.40%
2023$135,592 · 0.52%
2022$106,663 · 0.51%
Same employer
Similar plansProfessional & Technical Services · California
Personalis, Inc. CA$34.5M · 0.06%
Saama Technologies, LLC CA$34.3M · 0.18%
Anthropic Pbc CA$34.3M · 0.08%
Synoptek, LLC CA$34.2M · 0.41%
Ironclad, Inc. CA$34.2M · 0.37%
Color Health, Inc. CA$34.1M · 0.13%
Alector LLC CA$33.9M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 651311552 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.