Plan Ledger DOL Form 5500 · updated monthly

Fibrogen, Inc.401(k)

FIBROGEN, INC. 401(K) PLAN · SAN FRANCISCO, CA · plan year 2023

Reported admin expense ratio · 2023
0.07%

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

Fibrogen, Inc. reported $82,331 in plan administrative expenses for 2023: 0.07% of average plan assets, below the peer median. Employer contributions averaged $16,968 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 3 years on file its reported administrative ratio fell from 0.074% to 0.069%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 837th-largest of 9,483 plans among California employers on file, and the 906th of 11,911 in health care & social assistance. In 2023, employees put in $1.77 for every $1.00 the employer contributed; active participation has shrunk from 316 to 219 since 2022.

Plan summary
Net assets, end of year$124,914,415
Participants with balances525
Active participants219
Employer contributions$3,715,951
Employee contributions$6,568,857
Employer contribution per active participant$16,968
Average account balance$237,932
Benefits paid to participants$11,021,661
Plan auditUnmodified (clean) audit opinion
AuditorMOSS ADAMS
Plan history4
Yearassets · accounts · employer contribution
2025$115.2M · 382 accts · $744K emplr
2024$118.5M · 442 accts · $2.6M emplr
2023$124.9M · 525 accts · $3.7M emplr
2022$101.8M · 543 accts · $2.8M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$42,219
Investment management$28,112
Audit (IQPA)$12,000
Total administrative$82,331
The Fibrogen, Inc. 401(k) match · 2023
Employer contribution per active participant$16,968
Median for plans this size$3,659
2025$21,889 per active participant
2024$47,268 per active participant
2023$16,968 per active participant
2022$8,730 per active participant

Fibrogen, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20233
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$48,708
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$28,112
MOSS ADAMS · Accounting / audit$12,000

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025$80,966 · 0.07%
2024$60,676 · 0.05%
2023$82,331 · 0.07%
2022$84,819 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · California
Irhythm Technologies CA$133.0M · 0.01%
Invitae CA$122.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770357827 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.