Plan Ledger DOL Form 5500 · updated monthly

Fulcrum Therapeutics, Inc.401(k)

FULCRUM THERAPEUTICS, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Fulcrum Therapeutics, Inc. reported $24,913 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $12,942 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 0.23% to 0.29%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,897th of 2,726), and 7,999th of 11,654 in professional & technical services. In 2024, employees put in $2.31 for every $1.00 the employer contributed; active participation has shrunk from 94 to 49 since 2022.

Plan summary
Net assets, end of year$10,022,531
Participants with balances139
Active participants49
Employer contributions$634,140
Employee contributions$1,463,363
Employer contribution per active participant$12,942
Average account balance$72,105
Benefits paid to participants$889,068
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$10.0M · 139 accts · $634K emplr
2023$7.4M · 159 accts · $700K emplr
2022$4.9M · 148 accts · $784K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$3,330
Investment management$21,583
Total administrative$24,913
The Fulcrum Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$12,942
Median for plans this size$1,313
2024$12,942 per active participant
2023$8,335 per active participant
2022$8,343 per active participant

Fulcrum Therapeutics, Inc.'s 2024 employer contribution ran above the $1,313 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
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$21,583
THE VANGUARD GROUP · Claims processing · Loan processing$6,410

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$24,913 · 0.29%
2023$14,996 · 0.24%
2022$10,286 · 0.23%
Similar plansProfessional & Technical Services · Massachusetts
Dsd Laboratories, Inc. MA$10.1M · 0.47%
Olink Proteomics Inc MA$10.0M · 0.69%
Reputation Institute, Inc. MA$10.0M · 0.03%
Centra Technology, Inc. MA$9.9M · 0.00%
Homology Medicine, Inc. MA$9.9M · 0.11%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474839948 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.