Plan Ledger DOL Form 5500 · updated monthly

Shape Therapeutics Inc.401(k)

SHAPE THERAPEUTICS 401(K) PLAN · SEATTLE, WA · plan year 2024

Reported admin expense ratio · 2024
0.09%

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

Shape Therapeutics Inc. reported $6,314 in plan administrative expenses for 2024: 0.09% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9 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 has held roughly steady near 0.093%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Washington (1,175th of 1,714), and 8,702nd of 11,654 in professional & technical services. In 2024, employees put in $1413.11 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,961,893
Participants with balances160
Active participants145
Employer contributions$1,287
Employee contributions$1,818,678
Employer contribution per active participant$9
Average account balance$49,762
Benefits paid to participants$619,254
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$8.0M · 160 accts · $1K emplr
2023$5.6M · 157 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$736
Investment management$5,578
Total administrative$6,314
The Shape Therapeutics Inc. 401(k) match · 2024
Employer contribution per active participant$9
Median for plans this size$1,313

Shape Therapeutics Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
GUIDELINE, INC. · Plan administrator · Recordkeeping$5,698
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)indirect comp

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

Administrative cost history2
2024$6,314 · 0.09%
2023$3,808 · 0.09%
Similar plansProfessional & Technical Services · Washington
Allyis WA$9.4M · 0.34%
Willis Enterprises, Inc. WA$9.4M · 0.53%
Nortal, LLC WA$8.8M · 0.45%
Hpg, LLC WA$8.3M · 0.58%
Helion Energy, Inc. WA$7.9M · 0.59%
Xenon Arc, Inc. WA$7.7M · 0.11%
Aduro, LLC WA$7.6M · 0.98%
Inventprise, Inc. WA$7.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825230989 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.