Plan Ledger DOL Form 5500 · updated monthly

Humacyte Global, Inc.401(k)

HUMACYTE GLOBAL 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Humacyte Global, Inc. reported $2,881 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,468 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.

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 the 756th-largest of 2,005 plans among North Carolina employers on file, and the 6,072nd of 13,661 in manufacturing. In 2024, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,284,067
Participants with balances265
Active participants221
Employer contributions$1,208,371
Employee contributions$2,477,321
Employer contribution per active participant$5,468
Average account balance$72,770
Benefits paid to participants$1,763,398
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$755
Investment management$2,126
Total administrative$2,881
The Humacyte Global, Inc. 401(k) match · 2024
Employer contribution per active participant$5,468
Median for plans this size$2,416

Humacyte Global, Inc.'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$755

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history1
2024$2,881 · 0.02%
Same employer
Similar plansManufacturing · North Carolina
Daramic, LLC NC$19.9M · 0.08%
Allen Industries, Inc NC$19.6M · 0.27%
Joerns, LLC NC$19.5M · 0.83%
McMurray Fabrics, Inc NC$19.2M · 0.42%
Air Power, Inc. NC$18.9M · 0.39%
Tera Recon, Inc. NC$18.6M · 0.38%

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Source: U.S. Department of Labor, Form 5500 series, EIN 841661297 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.