Plan Ledger DOL Form 5500 · updated monthly

Prelude Therapeutics, Inc401(k)

PRELUDE THERAPEUTICS RETIREMENT PLAN · WILMINGTON, DE · plan year 2024

Reported admin expense ratio · 2024
0.24%

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

Prelude Therapeutics, Inc reported $35,022 in plan administrative expenses for 2024: 0.24% of average plan assets, below the peer median. Employer contributions averaged $5,871 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 0.06% to 0.24%. 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 107th-largest of 242 plans among Delaware employers on file, and 6,037th of 11,654 in professional & technical services. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,413,335
Participants with balances157
Active participants131
Employer contributions$769,129
Employee contributions$2,425,392
Employer contribution per active participant$5,871
Average account balance$110,913
Benefits paid to participants$739,037
Plan auditUnmodified (clean) audit opinion
AuditorFISCHER CUNNANE
Plan history3
Yearassets · accounts · employer contribution
2024$17.4M · 157 accts · $769K emplr
2023$12.2M · 151 accts · $669K emplr
2022$7.0M · 136 accts · $551K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,138
Investment management$33,884
Total administrative$35,022
The Prelude Therapeutics, Inc 401(k) match · 2024
Employer contribution per active participant$5,871
Median for plans this size$2,416
2024$5,871 per active participant
2023$5,143 per active participant
2022$4,408 per active participant

Prelude 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
TRINITY WEALTH MANAGEMENT LLC · Investment advisory (plan)$33,884

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$35,022 · 0.24%
2023$18,678 · 0.20%
2022$3,615 · 0.06%
Same employer
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Agilebits USA, Inc. DE$30.9M · 0.03%
Nexius Solutions, Inc. DE$18.9M · 0.28%
Toptal DE$16.1M · 0.49%
Ion Geophysical Corporation DE$15.5M · 0.11%
Babylon Inc. DE$13.7M · 0.48%
Bitwise Industries, Inc. DE$13.3M · 1.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811384762 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.