Plan Ledger DOL Form 5500 · updated monthly

Ngm Biopharmaceuticals, Inc.401(k)

NGM BIOPHARMACEUTICALS 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Ngm Biopharmaceuticals, Inc. reported $4,709 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 0.02% to 0.01%. 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 1,993rd-largest of 9,483 plans among California employers on file, and the 3,106th of 11,654 in professional & technical services. active participation has shrunk from 239 to 120 since 2022.

Plan summary
Net assets, end of year$43,281,757
Participants with balances277
Active participants120
Employer contributions$0
Employee contributions$2,573,070
Employer contribution per active participant$0
Average account balance$156,252
Benefits paid to participants$5,113,731
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.3M · 277 accts
2023$38.1M · 304 accts · $1.0M emplr
2022$29.7M · 342 accts · $510K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,709
Total administrative$4,709
The Ngm Biopharmaceuticals, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$2,416
2023$7,522 per active participant
2022$2,135 per active participant

Ngm Biopharmaceuticals, Inc.'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

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$4,709 · 0.01%
2023$7,263 · 0.02%
2022$5,430 · 0.02%
All plans at this employer2
NGM BIOPHARMACEUTICALS 401(K) PLAN401(k)
NGM BIOPHARMACEUTICALS MATCHING PLANDefined-contribution plan
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Source: U.S. Department of Labor, Form 5500 series, EIN 261679911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.