Plan Ledger DOL Form 5500 · updated monthly

Generation Bio Co.401(k)

GENERATION BIO 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Generation Bio Co. reported $2,547 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,882 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in Massachusetts (1,437th of 2,726), and the 6,479th of 13,661 in manufacturing. In 2024, employees put in $2.07 for every $1.00 the employer contributed; active participation has shrunk from 153 to 116 since 2022.

Plan summary
Net assets, end of year$17,383,980
Participants with balances197
Active participants116
Employer contributions$914,307
Employee contributions$1,890,221
Employer contribution per active participant$7,882
Average account balance$88,244
Benefits paid to participants$3,673,272
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 197 accts · $914K emplr
2023$15.8M · 214 accts · $1.3M emplr
2022$8.8M · 180 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,018
Investment management$529
Total administrative$2,547
The Generation Bio Co. 401(k) match · 2024
Employer contribution per active participant$7,882
Median for plans this size$2,416
2024$7,882 per active participant
2023$7,444 per active participant
2022$8,334 per active participant

Generation Bio Co.'s 2024 employer contribution ran above the $2,416 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,019

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$2,547 · 0.02%
2023$1,240 · 0.01%
2022$1,162 · 0.01%
Same employer
Similar plansManufacturing · Massachusetts
Scheidt & Bachmann USA Inc. MA$18.0M · 0.47%
Electric Hydrogen Co MA$17.6M · 0.19%
Demakes Enterprises, Inc. MA$17.4M · 0.12%
Zapp Precision Wire, Inc. MA$17.2M · 0.17%
Bete Fog Nozzle, Inc. MA$16.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 814301284 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.