Plan Ledger DOL Form 5500 · updated monthly

Immunogen, Inc.401(k)

IMMUNOGEN, INC. 401(K) PLAN AND TRUST · WALTHAM, 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

Immunogen, Inc. reported $15,658 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $8,102 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 0.04% to 0.02%. 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 487th-largest of 2,726 plans among Massachusetts employers on file, and the 1,792nd of 11,654 in professional & technical services. In 2024, employees put in $3.17 for every $1.00 the employer contributed; active participation has shrunk from 276 to 225 since 2022.

Plan summary
Net assets, end of year$81,802,294
Participants with balances494
Active participants225
Employer contributions$1,822,952
Employee contributions$5,786,623
Employer contribution per active participant$8,102
Average account balance$165,592
Benefits paid to participants$13,518,788
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$81.8M · 494 accts · $1.8M emplr
2023$73.3M · 528 accts · $1.7M emplr
2022$58.5M · 507 accts · $955K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,732
Investment management$12,926
Total administrative$15,658
The Immunogen, Inc. 401(k) match · 2024
Employer contribution per active participant$8,102
Median for plans this size$3,635
2024$8,102 per active participant
2023$5,759 per active participant
2022$3,459 per active participant

Immunogen, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$12,926
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,732

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

Administrative cost history4
2025Not separately reported
2024$15,658 · 0.02%
2023$37,533 · 0.06%
2022$24,763 · 0.04%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Extreme Reach Inc. MA$85.0M · 0.13%
Bluebird Bio, Inc. MA$82.6M · 0.16%
Cambridge Systematics, Inc MA$81.7M · 0.04%
Sage Therapeutics, Inc. MA$79.9M · 0.12%
Trinity Partners, LLC MA$79.7M · 0.15%
Acquia, Inc. MA$79.5M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 042726691 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.