Plan Ledger DOL Form 5500 · updated monthly

Kymera Therapeutics, Inc.401(k)

KYMERA THERAPEUTICS, INC. 401(K) PROFIT SHARING PLAN TRUST · WATERTOWN, MA · plan year 2024

Reported admin expense ratio · 2024
0.25%

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

Kymera Therapeutics, Inc. reported $54,413 in plan administrative expenses for 2024: 0.25% of average plan assets, below the peer median. Employer contributions averaged $9,113 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 0.30% to 0.25%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,133rd-largest of 2,726 plans among Massachusetts employers on file, and the 4,780th of 11,654 in professional & technical services. In 2024, employees put in $2.12 for every $1.00 the employer contributed; active participation has grown from 165 to 190 since 2022.

Plan summary
Net assets, end of year$24,838,009
Participants with balances241
Active participants190
Employer contributions$1,731,498
Employee contributions$3,673,436
Employer contribution per active participant$9,113
Average account balance$103,062
Benefits paid to participants$2,406,488
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$24.8M · 241 accts · $1.7M emplr
2023$18.4M · 233 accts · $1.8M emplr
2022$9.6M · 190 accts · $1.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$54,413
Total administrative$54,413
The Kymera Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$9,113
Median for plans this size$2,416
2024$9,113 per active participant
2023$9,586 per active participant
2022$7,017 per active participant

Kymera Therapeutics, 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$54,413

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$54,413 · 0.25%
2023$41,003 · 0.29%
2022$23,413 · 0.30%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Mak Technologies, Inc. MA$25.3M · 0.30%
Ocular Therapeutix, Inc. MA$25.1M · 0.46%
Veristat, LLC MA$24.9M · 0.29%
Onboard Partners LLC MA$24.8M · 0.11%
Verve Therapeutics, Inc. MA$24.5M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812992166 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.