Plan Ledger DOL Form 5500 · updated monthly

Maxcyte, Inc.401(k)

MAXCYTE, INC. 401(K) PLAN · ROCKVILLE, MD · plan year 2024

Reported admin expense ratio · 2024
0.22%

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

Maxcyte, Inc. reported $38,164 in plan administrative expenses for 2024: 0.22% of average plan assets, below the peer median. Employer contributions averaged $9,019 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 has held roughly steady near 0.22%. 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 667th-largest of 1,671 plans among Maryland employers on file, and the 5,711th of 11,654 in professional & technical services. In 2024, employees put in $2.38 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$19,185,604
Participants with balances137
Active participants96
Employer contributions$865,831
Employee contributions$2,063,055
Employer contribution per active participant$9,019
Average account balance$140,041
Benefits paid to participants$2,936,996
Plan auditUnmodified (clean) audit opinion
AuditorAPRIO LLP
Plan history2
Yearassets · accounts · employer contribution
2024$19.2M · 137 accts · $866K emplr
2023$16.2M · 140 accts · $952K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$275
Investment management$37,889
Total administrative$38,164
The Maxcyte, Inc. 401(k) match · 2024
Employer contribution per active participant$9,019
Median for plans this size$2,416
2024$9,019 per active participant
2023$7,556 per active participant

Maxcyte, 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 · 20242
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$33,872
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$275

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history2
2024$38,164 · 0.22%
2023$28,859 · 0.21%
Same employer
Similar plansProfessional & Technical Services · Maryland
Rbr-Technologies, Inc. MD$19.6M · 0.50%
Bioqual, Inc. MD$19.5M · 0.03%
Ata Aerospace, LLC. MD$19.4M · 0.06%
Reli Group, Inc. MD$19.2M · 0.66%
Summit Group, LLC MD$18.9M · 0.35%
Resolute Technologies, LLC MD$18.9M · 0.70%

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Source: U.S. Department of Labor, Form 5500 series, EIN 522210438 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.