Plan Ledger DOL Form 5500 · updated monthly

Macrogenics401(k)

MACROGENICS 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Macrogenics reported $107,403 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $6,526 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 0.15% to 0.14%. 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 199th-largest of 1,671 plans among Maryland employers on file, and the 1,773rd of 11,654 in professional & technical services. In 2024, employees put in $2.53 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$83,963,848
Participants with balances496
Active participants341
Employer contributions$2,225,251
Employee contributions$5,624,239
Employer contribution per active participant$6,526
Average account balance$169,282
Benefits paid to participants$7,920,873
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$84.0M · 496 accts · $2.2M emplr
2023$72.8M · 509 accts · $2.1M emplr
2022$61.9M · 530 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$107,403
Total administrative$107,403
The Macrogenics 401(k) match · 2024
Employer contribution per active participant$6,526
Median for plans this size$3,635
2024$6,526 per active participant
2023$6,128 per active participant
2022$6,330 per active participant

Macrogenics's 2024 employer contribution ran above the $3,635 median for plans its size. 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$107,402

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$107,403 · 0.14%
2023$102,315 · 0.15%
2022$100,424 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Maryland
Survice Engineering Company MD$89.8M · 0.06%
Inovex Information Systems MD$89.6M · 0.21%
Advarra, Inc. MD$87.0M · 0.13%
Offit Kurman, P.A. MD$86.9M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 061591613 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.