Plan Ledger DOL Form 5500 · updated monthly

Veracyte, Inc.401(k)

VERACYTE, INC. 401(K) PLAN · SOUTH SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.07%

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

Veracyte, Inc. reported $34,332 in plan administrative expenses for 2024: 0.07% of average plan assets, below the peer median. Employer contributions averaged $2,717 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 3 years on file its reported administrative ratio has held roughly steady near 0.07%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,558th-largest of 9,483 plans among California employers on file, and the 1,650th of 11,911 in health care & social assistance. In 2024, employees put in $4.55 for every $1.00 the employer contributed; active participation has grown from 495 to 608 since 2022.

Plan summary
Net assets, end of year$58,629,868
Participants with balances721
Active participants608
Employer contributions$1,651,911
Employee contributions$7,508,867
Employer contribution per active participant$2,717
Average account balance$81,317
Benefits paid to participants$5,710,199
Plan auditUnmodified (clean) audit opinion
AuditorBPM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$58.6M · 721 accts · $1.7M emplr
2023$46.9M · 640 accts · $1.5M emplr
2022$34.2M · 585 accts · $1.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$10,201
Investment management$24,131
Total administrative$34,332
The Veracyte, Inc. 401(k) match · 2024
Employer contribution per active participant$2,717
Median for plans this size$3,635
2024$2,717 per active participant
2023$2,767 per active participant
2022$2,920 per active participant

Veracyte, Inc.'s 2024 employer contribution ran below the $3,635 median for plans its size. 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
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$24,131
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$10,201

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

Administrative cost history3
2024$34,332 · 0.07%
2023$38,818 · 0.10%
2022$23,476 · 0.06%
Same employer
Similar plansHealth Care & Social Assistance · California
Arcus Biosciences, Inc. CA$60.2M · 0.45%
Neighborhood Healthcare CA$59.3M · 0.18%
Unio Health Partners, LLC CA$59.0M · 0.09%
Seneca Family of Agencies CA$58.7M · 0.11%
Ole Health CA$58.0M · 0.39%

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Source: U.S. Department of Labor, Form 5500 series, EIN 205455398 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.