Plan Ledger DOL Form 5500 · updated monthly

Sage Therapeutics, Inc.401(k)

SAGE 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Sage Therapeutics, Inc. reported $94,983 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $9,812 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 0.15% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 495th-largest of 2,726 plans among Massachusetts employers on file, and the 1,826th of 11,654 in professional & technical services. In 2024, employees put in $2.65 for every $1.00 the employer contributed; active participation has shrunk from 671 to 352 since 2022.

Plan summary
Net assets, end of year$79,936,334
Participants with balances708
Active participants352
Employer contributions$3,453,815
Employee contributions$9,146,495
Employer contribution per active participant$9,812
Average account balance$112,904
Benefits paid to participants$21,451,992
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$0 · $1.4M emplr
2024$79.9M · 708 accts · $3.5M emplr
2023$75.4M · 838 accts · $3.8M emplr
2022$56.0M · 835 accts · $3.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$94,983
Total administrative$94,983
The Sage Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$9,812
Median for plans this size$3,635
2024$9,812 per active participant
2023$7,754 per active participant
2022$5,025 per active participant

Sage Therapeutics, Inc.'s 2024 employer contribution ran above the $3,635 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
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$94,983

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

Administrative cost history4
2025Not separately reported
2024$94,983 · 0.12%
2023$102,181 · 0.16%
2022$77,832 · 0.15%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Bluebird Bio, Inc. MA$82.6M · 0.16%
Immunogen, Inc. MA$81.8M · 0.02%
Cambridge Systematics, Inc MA$81.7M · 0.04%
Trinity Partners, LLC MA$79.7M · 0.15%
Acquia, Inc. MA$79.5M · 0.23%
Ada Forsyth Institute, Inc. MA$78.9M · 0.09%
Intellia Therapeutics, Inc. MA$77.2M · 0.12%

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Source: U.S. Department of Labor, Form 5500 series, EIN 274486580 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.