Plan Ledger DOL Form 5500 · updated monthly

Precision Biosciences, Inc.401(k)

PRECISION BIOSCIENCES, INC. 401(K) PLAN · DURHAM, NC · plan year 2024

Reported admin expense ratio · 2024
0.02%

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

Precision Biosciences, Inc. reported $3,772 in plan administrative expenses for 2024: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,520 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 0.016% to 0.021%. 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 763rd-largest of 2,005 plans among North Carolina employers on file, and the 5,728th of 11,654 in professional & technical services. In 2024, employees put in $2.58 for every $1.00 the employer contributed; active participation has shrunk from 209 to 113 since 2022.

Plan summary
Net assets, end of year$19,067,903
Participants with balances201
Active participants113
Employer contributions$623,732
Employee contributions$1,608,285
Employer contribution per active participant$5,520
Average account balance$94,865
Benefits paid to participants$2,568,475
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$19.1M · 201 accts · $624K emplr
2023$16.6M · 221 accts · $888K emplr
2022$12.5M · 236 accts · $890K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,850
Investment management$1,922
Total administrative$3,772
The Precision Biosciences, Inc. 401(k) match · 2024
Employer contribution per active participant$5,520
Median for plans this size$2,416
2024$5,520 per active participant
2023$5,769 per active participant
2022$4,257 per active participant

Precision Biosciences, 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

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

Recordkeeper by year2
2024John Hancock
2023John Hancock

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

Administrative cost history3
2024$3,772 · 0.02%
2023$4,238 · 0.03%
2022$2,156 · 0.02%
Same employer
Similar plansProfessional & Technical Services · North Carolina
James S. Farrin P.C. NC$19.9M · 0.08%
Kymanox Corporation NC$19.6M · 0.53%
Med-El Corporation NC$17.6M · 0.35%
Vets Pets NC$17.4M · 0.29%
Cprime, Inc. NC$17.3M · 0.64%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 204206017 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.