Plan Ledger DOL Form 5500 · updated monthly

Omega Therapeutics, Inc.401(k)

OMEGA THERAPEUTICS, INC. 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.11%

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

Omega Therapeutics, Inc. reported $11,433 in plan administrative expenses for 2024: 0.11% of average plan assets, lower than ~75% of peers. Employer contributions averaged $11,628 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 1 year on file its reported administrative ratio rose from 0.01% to 0.11%. 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 among the smaller plans on file in Massachusetts (1,755th of 2,726), and 7,461st of 11,654 in professional & technical services. In 2024, employees put in $2.96 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,757,503
Participants with balances119
Active participants41
Employer contributions$476,730
Employee contributions$1,409,288
Employer contribution per active participant$11,628
Average account balance$98,803
Benefits paid to participants$1,853,869
Plan auditUnmodified (clean) audit opinion
AuditorLEE & CROWLEY, LLC
Plan history2
Yearassets · accounts · employer contribution
2024$11.8M · 119 accts · $477K emplr
2023$9.9M · 141 accts · $867K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,073
Total administrative$11,433
The Omega Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$11,628
Median for plans this size$2,416
2024$11,628 per active participant
2023$9,526 per active participant

Omega Therapeutics, 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
ICAPITAL, LLC · Investment advisory (plan)$7,306
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$4,127

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$11,433 · 0.11%
2023$538 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
24M Technologies Inc MA$12.2M · 0.35%
Dimagi Inc. MA$12.2M · 0.09%
Demiurge Studios Inc. MA$12.1M · 0.22%
Tscan Therapeutics Inc. MA$12.0M · 0.34%
Whitridge Associates, Inc. MA$11.8M · 0.11%
Addgene, Inc MA$11.7M · 0.12%
Viridian Therapeutics, Inc. MA$11.6M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813247585 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.