Plan Ledger DOL Form 5500 · updated monthly

Vaxcyte, Inc.401(k)

VAXCYTE 401(K) PLAN · SAN CARLOS, CA · plan year 2024

Reported admin expense ratio · 2024
0.50%

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

Vaxcyte, Inc. reported $97,735 in plan administrative expenses for 2024: 0.50% of average plan assets, higher than ~75% of peers. Employer contributions averaged $5,772 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 0.45% to 0.50%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 3,051st-largest of 9,483 plans among California employers on file, and the 4,690th of 11,654 in professional & technical services. In 2024, employees put in $2.42 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$25,479,900
Participants with balances393
Active participants396
Employer contributions$2,285,686
Employee contributions$5,532,653
Employer contribution per active participant$5,772
Average account balance$64,834
Benefits paid to participants$1,108,386
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history2
Yearassets · accounts · employer contribution
2024$25.5M · 393 accts · $2.3M emplr
2023$13.7M · 251 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$50,086
Investment management$47,649
Total administrative$97,735
The Vaxcyte, Inc. 401(k) match · 2024
Employer contribution per active participant$5,772
Median for plans this size$2,416
2024$5,772 per active participant
2023$5,216 per active participant

Vaxcyte, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$50,086
SILICON VALLEY RETIREMENT SERVICES · Investment advisory (plan)$42,603
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,046

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$97,735 · 0.50%
2023$43,885 · 0.45%
Same employer
Similar plansProfessional & Technical Services · California
PSC Biotech Corporation CA$25.6M · 0.35%
Nuna, Inc. CA$25.6M · 0.21%
Planisware USA, Inc. CA$25.6M · 0.38%
Succession Capital, Inc. CA$25.4M · 0.77%

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Source: U.S. Department of Labor, Form 5500 series, EIN 464233385 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.