Plan Ledger DOL Form 5500 · updated monthly

Inhibrx Biosciences, Inc.401(k)

INHIBRX BIOSCIENCES, INC 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Inhibrx Biosciences, Inc. reported $21,748 in plan administrative expenses for 2024: 0.13% of average plan assets, below the peer median. Employer contributions averaged $9,404 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 3,681st-largest of 9,483 plans among California employers on file, and the 5,989th of 13,661 in manufacturing. In 2024, employees put in $1.85 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,690,410
Participants with balances204
Active participants159
Employer contributions$1,495,237
Employee contributions$2,762,960
Employer contribution per active participant$9,404
Average account balance$96,522
Benefits paid to participants$1,315,350
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$21,748
Total administrative$21,748
The Inhibrx Biosciences, Inc. 401(k) match · 2024
Employer contribution per active participant$9,404
Median for plans this size$2,416

Inhibrx Biosciences, 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$21,748

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$21,748 · 0.13%
Similar plansManufacturing · California
Jain America Holdings LLC CA$19.8M · 0.28%
Wet Enterprises, Inc. CA$19.7M · 0.28%
Astera Labs, Inc. CA$19.7M · 0.01%
Coast Aluminum, Inc. CA$19.4M · 0.66%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 990613523 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.