Plan Ledger DOL Form 5500 · updated monthly

Verve Therapeutics, Inc.401(k)

VERVE THERAPEUTICS, INC. 401K PLAN · BOSTON, MA · plan year 2024

Reported admin expense ratio · 2024
0.37%

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

Verve Therapeutics, Inc. reported $72,464 in plan administrative expenses for 2024: 0.37% of average plan assets, above the peer median. Employer contributions averaged $6,803 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 0.01% to 0.37%. 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 1,143rd-largest of 2,726 plans among Massachusetts employers on file, and the 4,831st of 11,654 in professional & technical services. In 2024, employees put in $2.34 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$24,478,855
Participants with balances301
Active participants275
Employer contributions$1,870,960
Employee contributions$4,378,590
Employer contribution per active participant$6,803
Average account balance$81,325
Benefits paid to participants$1,443,505
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2024$24.5M · 301 accts · $1.9M emplr
2023$15.0M · 259 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$35,084
Investment management$36,621
Audit (IQPA)$759
Total administrative$72,464
The Verve Therapeutics, Inc. 401(k) match · 2024
Employer contribution per active participant$6,803
Median for plans this size$2,416
2024$6,803 per active participant
2023$5,875 per active participant

Verve Therapeutics, 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 · 20242
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$36,621
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$35,084

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$72,464 · 0.37%
2023$638 · 0.01%
Same employer
Similar plansProfessional & Technical Services · Massachusetts
Ocular Therapeutix, Inc. MA$25.1M · 0.46%
Veristat, LLC MA$24.9M · 0.29%
Kymera Therapeutics, Inc. MA$24.8M · 0.25%
Onboard Partners LLC MA$24.8M · 0.11%
Snyk, Inc. MA$23.6M · 0.40%
Forma Therapeutics, Inc. MA$23.6M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 824800132 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.