Plan Ledger DOL Form 5500 · updated monthly

Pivot Bio401(k)

PIVOT BIO 401(K) P/S PLAN · BERKELEY, CA · plan year 2024

Reported admin expense ratio · 2024
0.47%

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

Pivot Bio reported $118,706 in plan administrative expenses for 2024: 0.47% of average plan assets, higher than ~75% of peers. Employer contributions averaged $4,901 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 rose from 0.40% to 0.47%. 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 2,766th-largest of 9,483 plans among California employers on file, and the 4,302nd of 11,654 in professional & technical services. In 2024, employees put in $3.00 for every $1.00 the employer contributed; active participation has shrunk from 435 to 332 since 2022.

Plan summary
Net assets, end of year$28,822,057
Participants with balances616
Active participants332
Employer contributions$1,627,291
Employee contributions$4,888,333
Employer contribution per active participant$4,901
Average account balance$46,789
Benefits paid to participants$3,254,622
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$28.8M · 616 accts · $1.6M emplr
2023$21.9M · 637 accts · $1.9M emplr
2022$12.0M · 514 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$29,200
Investment management$89,506
Total administrative$118,706
The Pivot Bio 401(k) match · 2024
Employer contribution per active participant$4,901
Median for plans this size$2,416
2024$4,901 per active participant
2023$4,325 per active participant
2022$3,179 per active participant

Pivot Bio'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
ASCENSUS LLC · Loan processing · Recordkeeping$29,200
SHAREBUILDER ADVISOR LLC · Investment advisory (plan)$89,507

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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

Administrative cost history3
2024$118,706 · 0.47%
2023$72,003 · 0.43%
2022$38,534 · 0.40%
Same employer
Similar plansProfessional & Technical Services · California
Brain Corporation CA$29.0M · 0.20%
Acorns Grow, Inc. CA$28.9M · 0.06%
Harness Inc. CA$28.9M · 0.29%
Ligand Pharmaceuticals Inc. CA$28.9M · 0.01%
Wfbm, LLP CA$28.7M · 0.21%
Bionano Genomics, Inc. CA$28.6M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 273803526 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.