Plan Ledger DOL Form 5500 · updated monthly

Fulgent Therapeutics LLC401(k)

FULGENT THERAPEUTICS LLC 401(K) PROFIT SHARING PLAN & TRUST · EL MONTE, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Fulgent Therapeutics LLC reported $101,167 in plan administrative expenses for 2024: 0.10% of average plan assets, below the peer median. Employer contributions averaged $3,257 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 0.47% to 0.10%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other other services employers. By assets it is the 933rd-largest of 9,483 plans among California employers on file, and the 181st of 3,341 in other services. In 2024, employees put in $2.09 for every $1.00 the employer contributed; active participation has grown from 912 to 1,139 since 2022.

Plan summary
Net assets, end of year$108,887,185
Participants with balances1,372
Active participants1,139
Employer contributions$3,709,466
Employee contributions$7,745,272
Employer contribution per active participant$3,257
Average account balance$79,364
Benefits paid to participants$9,519,702
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$108.9M · 1,372 accts · $3.7M emplr
2023$90.3M · 1,377 accts · $3.1M emplr
2022$22.7M · 782 accts · $1.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$101,167
Total administrative$101,167
The Fulgent Therapeutics LLC 401(k) match · 2024
Employer contribution per active participant$3,257
Median for plans this size$3,635
2024$3,257 per active participant
2023$2,836 per active participant
2022$1,749 per active participant

Fulgent Therapeutics LLC's 2024 employer contribution ran below the $3,635 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$100,816
RAYMOND JAMES AND ASSOCIATES INC. · Investment advisory (plan)$50,000
MORNINGSTAR INVESTMENT MANAGEMENT L · Investment advisory (participants)indirect comp

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$101,167 · 0.10%
2023$173,942 · 0.31%
2022$72,040 · 0.47%
Similar plansOther Services · California
Prudential Overall Supply CA$125.2M · 0.21%
Stamps.com Inc CA$117.3M · 0.03%
The Trust for Public Land CA$95.4M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 320400050 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.