Plan Ledger DOL Form 5500 · updated monthly

Freenome Holdings Inc.401(k)

FREENOME HOLDINGS INC. 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Freenome Holdings Inc. reported $3,944 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.03% to 0.02%. 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 2,659th-largest of 9,483 plans among California employers on file, and the 4,157th of 11,654 in professional & technical services. active participation has shrunk from 460 to 376 since 2022.

Plan summary
Net assets, end of year$30,247,999
Participants with balances490
Active participants376
Employer contributions$0
Employee contributions$6,573,416
Employer contribution per active participant$0
Average account balance$61,731
Benefits paid to participants$2,389,821
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$30.2M · 490 accts
2023$21.2M · 475 accts
2022$10.6M · 375 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,944
Total administrative$3,944
The Freenome Holdings Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416

Freenome Holdings Inc.'s 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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.

Administrative cost history3
2024$3,944 · 0.02%
2023$1,940 · 0.01%
2022$2,590 · 0.03%
Same employer
Similar plansProfessional & Technical Services · California
Terraphase Engineering CA$30.3M · 0.25%
Appdirect CA$30.3M · 0.15%
Doheny Eye Institute CA$30.3M · 0.11%
Sorrento Therapeutics, Inc. CA$30.3M · 0.03%
Livevox, Inc. CA$30.2M · 0.23%
Square Enix, Inc. CA$30.1M · 0.03%
Mns Engineers, Inc. CA$30.0M · 0.40%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812562661 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.