Plan Ledger DOL Form 5500 · updated monthly

Kymeta Corporation401(k)

KYMETA CORPORATION RETIREMENT TRUST · REDMOND, WA · plan year 2024

Reported admin expense ratio · 2024
0.21%

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

Kymeta Corporation reported $39,784 in plan administrative expenses for 2024: 0.21% of average plan assets, below the peer median. Employer contributions averaged $2 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 0.32% to 0.21%. 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 695th-largest of 1,714 plans among Washington employers on file, and the 5,596th of 11,654 in professional & technical services. In 2024, employees put in $7403.05 for every $1.00 the employer contributed; active participation has shrunk from 269 to 205 since 2022.

Plan summary
Net assets, end of year$19,770,667
Participants with balances280
Active participants205
Employer contributions$354
Employee contributions$2,620,680
Employer contribution per active participant$2
Average account balance$70,610
Benefits paid to participants$2,669,361
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.8M · 280 accts · $354 emplr
2023$17.3M · 318 accts
2022$15.2M · 308 accts · $411 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$39,784
Total administrative$39,784
The Kymeta Corporation 401(k) match · 2024
Employer contribution per active participant$2
Median for plans this size$2,416
2024$2 per active participant
2022$2 per active participant

Kymeta Corporation's 2024 employer contribution ran below the $2,416 median for plans its size, in the bottom 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$39,784

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$39,784 · 0.21%
2023$46,458 · 0.29%
2022$49,704 · 0.32%
Same employer
Similar plansProfessional & Technical Services · Washington
Mackay & Sposito, Inc. WA$20.1M · 0.31%
Concentric Group, Inc. WA$20.0M · 0.26%
Enviroissues WA$19.9M · 0.15%
Fresh Consulting, Inc. WA$19.8M · 0.59%
Perteet, Inc. WA$19.4M · 0.01%
Tango Card Inc WA$19.2M · 0.04%
Aspect Consulting, LLC WA$19.1M · 0.31%
Farallon Consulting, LLC WA$19.0M · 0.36%

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Source: U.S. Department of Labor, Form 5500 series, EIN 452591924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.