Plan Ledger DOL Form 5500 · updated monthly

Vaxart Biosciences Inc401(k)

VAXART BIOSCIENCES INC 401(K) PROFIT SHARING PLAN & TRUST · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Vaxart Biosciences Inc reported $10,534 in plan administrative expenses for 2024: 0.14% of average plan assets, lower than ~75% of peers. Employer contributions averaged $5,040 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 rose from 0.12% to 0.14%. 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 California (5,791st of 9,483), and 8,380th of 11,654 in professional & technical services. In 2024, employees put in $2.85 for every $1.00 the employer contributed; active participation has shrunk from 165 to 106 since 2022.

Plan summary
Net assets, end of year$8,811,598
Participants with balances126
Active participants106
Employer contributions$534,286
Employee contributions$1,521,778
Employer contribution per active participant$5,040
Average account balance$69,933
Benefits paid to participants$830,226
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.8M · 126 accts · $534K emplr
2023$6.4M · 130 accts · $583K emplr
2022$4.5M · 160 accts · $654K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$9,674
Trustee / custodial$860
Total administrative$10,534
The Vaxart Biosciences Inc 401(k) match · 2024
Employer contribution per active participant$5,040
Median for plans this size$1,313
2024$5,040 per active participant
2023$5,255 per active participant
2022$3,965 per active participant

Vaxart Biosciences Inc's 2024 employer contribution ran above the $1,313 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
PAYCHEX, INC. · Recordkeeping$8,177

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$10,534 · 0.14%
2023$7,751 · 0.14%
2022$4,417 · 0.12%
Similar plansProfessional & Technical Services · California
Strivr Labs, Inc. CA$8.9M · 0.56%
Calyx Technology Inc. CA$8.8M · 0.00%
Ocean Media, LLC CA$8.7M · 0.31%
Innovaccer CA$8.7M · 0.39%
Procede Software LP CA$8.7M · 0.68%

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Source: U.S. Department of Labor, Form 5500 series, EIN 800101064 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.