Plan Ledger DOL Form 5500 · updated monthly

Modernatx, Inc.401(k)

MODERNA, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Modernatx, Inc. reported $214,300 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,596 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 3 years on file its reported administrative ratio rose from 0.02% to 0.04%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 89th-largest of 2,726 plans among Massachusetts employers on file, and the 274th of 11,911 in health care & social assistance. In 2025, employees put in $1.95 for every $1.00 the employer contributed; active participation has grown from 3,299 to 3,679 since 2022.

Plan summary
Net assets, end of year$650,104,296
Participants with balances5,438
Active participants3,679
Employer contributions$35,302,368
Employee contributions$68,790,923
Employer contribution per active participant$9,596
Average account balance$119,548
Benefits paid to participants$70,697,320
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$650.1M · 5,438 accts · $35.3M emplr
2024$501.7M · 5,981 accts · $39.2M emplr
2023$338.0M · 5,392 accts · $32.5M emplr
2022$178.8M · 3,694 accts · $21.2M emplr
Administrative expenses, itemized · 2025
Investment management$163,974
Total administrative$214,300
The Modernatx, Inc. 401(k) match · 2025
Employer contribution per active participant$9,596
Median for plans this size$4,295
2025$9,596 per active participant
2024$8,134 per active participant
2023$6,755 per active participant
2022$6,426 per active participant

Modernatx, Inc.'s 2025 employer contribution ran above the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$163,974
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processingindirect comp

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

Administrative cost history4
2025$214,300 · 0.04%
2024$157,766 · 0.04%
2023$83,244 · 0.03%
2022$34,475 · 0.02%
Same employer
Similar plansHealth Care & Social Assistance · Massachusetts
Tufts Medicine, Inc. MA$991.9M · 0.07%
South Shore Hospital, Inc. MA$726.9M · 0.08%
Bhs Management Services Inc. MA$693.6M · 0.15%
Tufts Medical Center, Inc. MA$629.8M · 0.06%
Mount Auburn Hospital MA$588.4M · 0.03%

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Source: U.S. Department of Labor, Form 5500 series, EIN 270226313 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.