Plan Ledger DOL Form 5500 · updated monthly

Kala Bio, Inc.401(k)

KALA PHARMACEUTICALS, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2022

Reported admin expense ratio · 2022
0.01%

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

Kala Bio, Inc. reported $796 in plan administrative expenses for 2022: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,387 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 rose from 0.01% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (1,704th of 2,726), and 7,272nd of 11,654 in professional & technical services. In 2022, employees put in $4.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,383,654
Participants with balances202
Active participants35
Employer contributions$398,547
Employee contributions$1,822,693
Employer contribution per active participant$11,387
Average account balance$61,305
Benefits paid to participants$3,255,722
Plan auditUnmodified (clean) audit opinion
AuditorQRGA, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.5M · 114 accts · $155K emplr
2023$11.4M · 145 accts · $147K emplr
2022$12.4M · 202 accts · $399K emplr
The Kala Bio, Inc. 401(k) match · 2022
Employer contribution per active participant$11,387
Median for plans this size$2,266
2024$4,088 per active participant
2023$3,420 per active participant
2022$11,387 per active participant

Kala Bio, Inc.'s 2022 employer contribution ran above the $2,266 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history3
2024$2,269 · 0.02%
2023$400 · 0.00%
2022$796 · 0.01%
Similar plansProfessional & Technical Services · Massachusetts
Clean Air Task Force MA$12.5M · 0.46%
Vecna Technologies Inc MA$12.5M · 0.03%
First Help Financial, LLC MA$12.4M · 0.54%
Iboss, Inc. MA$12.4M · 0.05%
Gupta Media Holdings LLC MA$12.3M · 0.00%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270604595 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.