Plan Ledger DOL Form 5500 · updated monthly

Vir Biotechnology, Inc.401(k)

VIR BIOTECHNOLOGY 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Vir Biotechnology, Inc. reported $89,066 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $11,481 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 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,311th-largest of 9,483 plans among California employers on file, and the 2,019th of 11,654 in professional & technical services. In 2024, employees put in $2.15 for every $1.00 the employer contributed; active participation has shrunk from 542 to 370 since 2022.

Plan summary
Net assets, end of year$71,928,080
Participants with balances639
Active participants370
Employer contributions$4,247,935
Employee contributions$9,138,456
Employer contribution per active participant$11,481
Average account balance$112,564
Benefits paid to participants$11,186,611
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.9M · 639 accts · $4.2M emplr
2023$57.6M · 646 accts · $4.5M emplr
2022$36.6M · 602 accts · $3.7M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,816
Investment management$43,250
Audit (IQPA)$3,000
Total administrative$89,066
The Vir Biotechnology, Inc. 401(k) match · 2024
Employer contribution per active participant$11,481
Median for plans this size$3,635
2024$11,481 per active participant
2023$8,651 per active participant
2022$6,896 per active participant

Vir Biotechnology, Inc.'s 2024 employer contribution ran above the $3,635 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$42,816
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$22,667
MERCER · Investment advisory (plan)$20,583

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$89,066 · 0.14%
2023$52,057 · 0.11%
2022$45,440 · 0.13%
Same employer
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Seti Institute CA$72.5M · 0.09%
Tri Holdco, Inc. CA$72.4M · 0.09%
Formagrid Inc dba Airtable CA$72.2M · 0.01%
Bosley, Inc. CA$71.9M · 0.48%
Userzoom Technologies, Inc. CA$71.5M · 0.06%
Blend Labs, Inc. CA$71.0M · 0.09%
Immunitybio, Inc. CA$70.7M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 812730369 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.