Plan Ledger DOL Form 5500 · updated monthly

Sigilon Therapeutics, Inc.401(k)

SIGILON, INC 401(K) PLAN · CAMBRIDGE, MA · plan year 2023

Reported admin expense ratio · 2023
0.30%

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

Sigilon Therapeutics, Inc. reported $13,912 in plan administrative expenses for 2023: 0.30% of average plan assets, below the peer median. Employer contributions averaged $4,488 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 1 year on file its reported administrative ratio fell from 0.34% to 0.30%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Massachusetts (2,268th of 2,726), and 9,557th of 11,654 in professional & technical services. In 2023, employees put in $3.00 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$5,600,666
Participants with balances113
Active participants62
Employer contributions$278,250
Employee contributions$834,387
Employer contribution per active participant$4,488
Average account balance$49,563
Benefits paid to participants$507,404
Plan auditUnmodified (clean) audit opinion
AuditorLITMANGERSON ASSOCIATES, LLP DBA LG
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$5.6M · 113 accts · $278K emplr
2022$3.7M · 115 accts · $291K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,260
Investment management$12,652
Total administrative$13,912
The Sigilon Therapeutics, Inc. 401(k) match · 2023
Employer contribution per active participant$4,488
Median for plans this size$1,308
2023$4,488 per active participant
2022$4,550 per active participant

Sigilon Therapeutics, Inc.'s 2023 employer contribution ran above the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
ASCENSUS LLC · Recordkeeping$1,260
MERRILL LYNCH RETIREMENT & BENEFIT · Investment advisory (plan)$12,652

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

Recordkeeper by year2
2024Ascensus
2023Ascensus

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Administrative cost history3
2024Not separately reported
2023$13,912 · 0.30%
2022$14,575 · 0.34%
Similar plansProfessional & Technical Services · Massachusetts
Worldapp Inc MA$5.8M · 0.06%
Spero Therapeutics, Inc. MA$5.8M · 0.20%
Roslinct US Holdings LLC MA$5.7M · 0.55%
Kriss Law LLC MA$5.5M · 0.59%
Citizens Disability, LLC MA$5.4M · 0.81%
Egenesis, Inc. MA$5.3M · 0.51%
A.I.S., Inc. MA$5.3M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474005543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.