Plan Ledger DOL Form 5500 · updated monthly

Immunitybio, Inc.401(k)

IMMUNITYBIO 401(K) PLAN · CULVER CITY, CA · plan year 2024

Reported admin expense ratio · 2024
0.27%

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

Immunitybio, Inc. reported $166,830 in plan administrative expenses for 2024: 0.27% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,304 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 3 years on file its reported administrative ratio has held roughly steady near 0.266%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,324th-largest of 9,483 plans among California employers on file, and the 2,049th of 11,654 in professional & technical services. In 2024, employees put in $2.73 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,741,259
Participants with balances902
Active participants678
Employer contributions$2,918,324
Employee contributions$7,959,907
Employer contribution per active participant$4,304
Average account balance$78,427
Benefits paid to participants$4,591,103
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$70.7M · 902 accts · $2.9M emplr
2023$54.5M · 854 accts · $2.8M emplr
2022$37.8M · 841 accts · $2.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,165
Investment management$116,665
Total administrative$166,830
The Immunitybio, Inc. 401(k) match · 2024
Employer contribution per active participant$4,304
Median for plans this size$3,635
2024$4,304 per active participant
2023$4,283 per active participant
2022$3,817 per active participant

Immunitybio, 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 · 20242
S L REED & COMPANY · Investment advisory (plan)$116,665
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,165

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$166,830 · 0.27%
2023$99,743 · 0.22%
2022$96,202 · 0.27%
Similar plansProfessional & Technical Services · California
Bosley, Inc. CA$71.9M · 0.48%
Vir Biotechnology, Inc. CA$71.9M · 0.14%
Userzoom Technologies, Inc. CA$71.5M · 0.06%
Blend Labs, Inc. CA$71.0M · 0.09%
Wood Rodgers, Inc CA$69.9M · 0.19%
Scopely Inc. CA$69.7M · 0.07%
Cerus Corporation CA$69.1M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 431979754 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.