Plan Ledger DOL Form 5500 · updated monthly

Partner Therapeutics, Inc.401(k)

PARTNER THERAPEUTICS 401(K) PLAN · LEXINGTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Partner Therapeutics, Inc. reported $6,990 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,813 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 0.03% to 0.02%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 955th-largest of 2,726 plans among Massachusetts employers on file, and the 4,243rd of 13,661 in manufacturing. In 2024, employees put in $1.64 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$32,376,005
Participants with balances247
Active participants167
Employer contributions$1,638,763
Employee contributions$2,695,035
Employer contribution per active participant$9,813
Average account balance$131,077
Benefits paid to participants$3,432,197
Plan auditUnmodified (clean) audit opinion
AuditorGRAY GRAY & GRAY LLC
Plan history3
Yearassets · accounts · employer contribution
2024$32.4M · 247 accts · $1.6M emplr
2023$26.7M · 245 accts · $1.6M emplr
2022$20.0M · 230 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$6,990
Total administrative$6,990
The Partner Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$9,813
Median for plans this size$2,416
2024$9,813 per active participant
2023$8,520 per active participant
2022$7,639 per active participant

Partner 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 · 20241
ADP, INC. · Loan processing · Recordkeeping$6,989

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

Recordkeeper by year2
2024ADP
2023ADP

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$6,990 · 0.02%
2023$1,960 · 0.01%
2022$5,184 · 0.03%
Same employer
Similar plansManufacturing · Massachusetts
Medica Corporation MA$33.6M · 0.09%
Wood Fiber Holdings, Inc. MA$33.5M · 0.26%
Sirtex Medical, Inc. MA$32.4M · 0.38%
Lenze Americas Corporation MA$32.1M · 0.11%
Desktop Metal, Inc. MA$31.6M · 0.28%
Corium, LLC MA$31.0M · 0.19%

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Source: U.S. Department of Labor, Form 5500 series, EIN 815145740 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.