Plan Ledger DOL Form 5500 · updated monthly

Inhibrx, Inc.401(k)

INHIBRX 401(K) PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Inhibrx, Inc. reported $13,838 in plan administrative expenses for 2023: 0.13% of average plan assets, below the peer median. Employer contributions averaged $7,305 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 1 year on file its reported administrative ratio fell from 0.14% to 0.13%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other manufacturing employers. By assets it is the 4,607th-largest of 9,483 plans among California employers on file, and 7,442nd of 13,661 in manufacturing. In 2023, employees put in $1.86 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,830,236
Participants with balances189
Active participants159
Employer contributions$1,161,490
Employee contributions$2,162,190
Employer contribution per active participant$7,305
Average account balance$73,176
Benefits paid to participants$251,605
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$13.8M · 189 accts · $1.2M emplr
2022$8.2M · 166 accts · $897K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$13,838
Total administrative$13,838
The Inhibrx, Inc. 401(k) match · 2023
Employer contribution per active participant$7,305
Median for plans this size$2,440
2023$7,305 per active participant
2022$6,360 per active participant

Inhibrx, Inc.'s 2023 employer contribution ran above the $2,440 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,838

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

Administrative cost history2
2023$13,838 · 0.13%
2022$9,471 · 0.14%
Similar plansManufacturing · California
Natron Energy, Inc. CA$13.9M · 0.12%
Kruse Western Holdings, LLC CA$13.9M · 0.27%
Torn & Glasser, Inc. CA$13.8M · 0.72%
Heath Ceramics, LTD. CA$13.8M · 0.57%
Belkorp AG Holdings, Inc. CA$13.8M · 0.22%
US Motor Works, LLC CA$13.7M · 0.52%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824257312 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.