Plan Ledger DOL Form 5500 · updated monthly

Lyell Immunopharma, Inc.401(k)

LYELL IMMUNOPHARMA, INC. 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.20%

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

Lyell Immunopharma, Inc. reported $51,278 in plan administrative expenses for 2024: 0.20% of average plan assets, below the peer median. Employer contributions averaged $4,690 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 0.24% to 0.20%. 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 2,810th-largest of 9,483 plans among California employers on file, and the 4,363rd of 11,654 in professional & technical services. In 2024, employees put in $3.91 for every $1.00 the employer contributed; active participation has shrunk from 265 to 200 since 2022.

Plan summary
Net assets, end of year$28,252,702
Participants with balances343
Active participants200
Employer contributions$937,943
Employee contributions$3,666,283
Employer contribution per active participant$4,690
Average account balance$82,369
Benefits paid to participants$4,762,342
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.3M · 343 accts · $938K emplr
2023$23.8M · 374 accts · $1.2M emplr
2022$15.0M · 326 accts · $1.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$46,387
Investment management$4,891
Total administrative$51,278
The Lyell Immunopharma, Inc. 401(k) match · 2024
Employer contribution per active participant$4,690
Median for plans this size$2,416
2024$4,690 per active participant
2023$4,985 per active participant
2022$3,873 per active participant

Lyell Immunopharma, 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$46,387

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$51,278 · 0.20%
2023$43,457 · 0.22%
2022$30,907 · 0.24%
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Source: U.S. Department of Labor, Form 5500 series, EIN 831300510 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.