Plan Ledger DOL Form 5500 · updated monthly

TCR2 Therapeutics, Inc.401(k)

TCR2 THERAPEUTICS, INC. 401K RETIREMENT PLAN · CAMBRIDGE, MA · plan year 2022

Reported admin expense ratio · 2022
0.02%

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

TCR2 Therapeutics, Inc. reported $1,426 in plan administrative expenses for 2022: 0.02% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,149 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 rose from 0.02% to 0.06%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Massachusetts (2,098th of 2,726), and 6,674th of 11,911 in health care & social assistance. In 2022, employees put in $2.97 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,462,623
Participants with balances177
Active participants114
Employer contributions$586,977
Employee contributions$1,740,975
Employer contribution per active participant$5,149
Average account balance$42,162
Benefits paid to participants$457,932
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$5.0M · 120 accts · $256K emplr
2022$7.5M · 177 accts · $587K emplr
The TCR2 Therapeutics, Inc. 401(k) match · 2022
Employer contribution per active participant$5,149
Median for plans this size$1,114

TCR2 Therapeutics, Inc.'s 2022 employer contribution ran above the $1,114 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$4,025 · 0.06%
2022$1,426 · 0.02%
Similar plansHealth Care & Social Assistance · Massachusetts
Lifepath, Inc. MA$7.6M · 0.51%
Linus Health, Inc. MA$7.6M · 0.69%
House Works LLC MA$7.2M · 0.63%
Tri-Valley, Inc. MA$7.2M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474152751 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.