Plan Ledger DOL Form 5500 · updated monthly

Ginkgo Bioworks, Inc.401(k)

GINKGO 401(K) PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Ginkgo Bioworks, Inc. reported $75,630 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $6,576 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 0.04% to 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 357th-largest of 2,726 plans among Massachusetts employers on file, and the 1,547th of 13,661 in manufacturing. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has shrunk from 1,065 to 836 since 2022.

Plan summary
Net assets, end of year$132,099,962
Participants with balances1,560
Active participants836
Employer contributions$5,497,369
Employee contributions$16,500,587
Employer contribution per active participant$6,576
Average account balance$84,679
Benefits paid to participants$32,345,983
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$132.1M · 1,560 accts · $5.5M emplr
2023$86.6M · 1,225 accts · $7.8M emplr
2022$50.7M · 1,166 accts · $5.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$75,630
Total administrative$75,630
The Ginkgo Bioworks, Inc. 401(k) match · 2024
Employer contribution per active participant$6,576
Median for plans this size$3,635
2024$6,576 per active participant
2023$6,925 per active participant
2022$5,529 per active participant

Ginkgo Bioworks, Inc.'s 2024 employer contribution ran above 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 · 20241
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$75,630

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$75,630 · 0.07%
2023$17,429 · 0.03%
2022$16,461 · 0.04%
Same employer
Similar plansManufacturing · Massachusetts
A.W. Chesterton Company MA$139.9M · 0.08%
Munters Corporation MA$139.5M · 0.04%
Tecomet MA$133.4M · 0.42%
H.C. Starck Inc. MA$129.4M · 0.11%
Kens Foods, Inc MA$124.4M · 0.21%
Agri-Mark, Inc. MA$120.5M · 0.06%

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Source: U.S. Department of Labor, Form 5500 series, EIN 263118890 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.