Plan Ledger DOL Form 5500 · updated monthly

Relay Therapeutics, Inc.401(k)

RELAY THERAPEUTICS 401K PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Relay Therapeutics, Inc. reported $66,939 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $9,311 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 0.29% to 0.17%. 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 768th-largest of 2,726 plans among Massachusetts employers on file, and the 3,075th of 11,654 in professional & technical services. In 2024, employees put in $2.25 for every $1.00 the employer contributed; active participation has shrunk from 328 to 261 since 2022.

Plan summary
Net assets, end of year$43,657,830
Participants with balances399
Active participants261
Employer contributions$2,430,249
Employee contributions$5,459,966
Employer contribution per active participant$9,311
Average account balance$109,418
Benefits paid to participants$3,000,866
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$43.7M · 399 accts · $2.4M emplr
2023$33.4M · 404 accts · $2.6M emplr
2022$20.8M · 364 accts · $2.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,762
Investment management$57,177
Total administrative$66,939
The Relay Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$9,311
Median for plans this size$2,416
2024$9,311 per active participant
2023$8,104 per active participant
2022$6,910 per active participant

Relay 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
CAMBRIDGE INVESTMENT RESEARCH · Investment advisory (plan)$57,177
VANGUARD · Claims processing · Loan processing$14,377

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$66,939 · 0.17%
2023$81,158 · 0.30%
2022$53,429 · 0.29%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Boston Ivf, LLC MA$44.5M · 0.21%
2SEVENTY Bio, Inc. MA$44.4M · 0.22%
Alpha Analytical, Inc. MA$43.8M · 0.15%
Cerevel Therapeutics LLC MA$43.6M · 0.02%
Fletcher Tilton PC MA$43.0M · 0.09%

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Source: U.S. Department of Labor, Form 5500 series, EIN 473923475 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.