Plan Ledger DOL Form 5500 · updated monthly

Insmed Inc.401(k)

INSMED, INC. 401(K) PLAN AND TRUST · BRIDGEWATER, NJ · plan year 2024

Reported admin expense ratio · 2024
0.04%

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

Insmed Inc. reported $50,725 in plan administrative expenses for 2024: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $7,251 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 0.07% to 0.04%. 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 297th-largest of 2,419 plans among New Jersey employers on file, and the 1,167th of 11,654 in professional & technical services. In 2024, employees put in $1.94 for every $1.00 the employer contributed; active participation has grown from 576 to 1,018 since 2022.

Plan summary
Net assets, end of year$134,151,587
Participants with balances1,107
Active participants1,018
Employer contributions$7,381,609
Employee contributions$14,331,908
Employer contribution per active participant$7,251
Average account balance$121,185
Benefits paid to participants$7,000,980
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$134.2M · 1,107 accts · $7.4M emplr
2023$92.5M · 828 accts · $5.5M emplr
2022$63.8M · 714 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,725
Total administrative$50,725
The Insmed Inc. 401(k) match · 2024
Employer contribution per active participant$7,251
Median for plans this size$3,635
2024$7,251 per active participant
2023$7,848 per active participant
2022$7,964 per active participant

Insmed 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,725

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$50,725 · 0.04%
2023$48,059 · 0.06%
2022$43,255 · 0.07%
Same employer
Similar plansProfessional & Technical Services · New Jersey
Lowenstein Sandler LLP NJ$136.8M · 0.00%
Holtec International NJ$136.7M · 0.19%
Cole Schotz P.C. NJ$136.5M · 0.16%
Stark & Stark, PC NJ$130.3M · 0.05%
Zt Group Int'l, Inc NJ$128.4M · 0.15%
Taiho Oncology, Inc. NJ$123.9M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 541972729 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.