Plan Ledger DOL Form 5500 · updated monthly

Vizgen, Inc.401(k)

VIZGEN 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.13%

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

Vizgen, Inc. reported $6,043 in plan administrative expenses for 2024: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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.

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 Massachusetts (2,353rd of 2,726), and 9,962nd of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$4,552,683
Participants with balances140
Active participants96
Employer contributions$0
Employee contributions$1,580,676
Employer contribution per active participant$0
Average account balance$32,519
Benefits paid to participants$1,213,416
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,252
Investment management$4,791
Total administrative$6,043
The Vizgen, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Vizgen, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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
GUIDELINE, INC. · Recordkeeping · Consulting$5,341

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

Administrative cost history1
2024$6,043 · 0.13%
Similar plansProfessional & Technical Services · Massachusetts
Racepoint Global, Inc. MA$4.7M · 0.49%
Reveneer, Inc. MA$4.6M · 1.49%
Invaio Sciences Inc. MA$4.6M · 0.50%
Astadia, Inc. MA$4.6M · 0.87%
Mass Design Group LTD MA$4.5M · 0.02%
Patriot Ambulance, Inc. MA$4.4M · 0.82%
Mainsail Group LLC MA$4.4M · 0.37%
Ring Therapeutics, Inc. MA$4.3M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833854223 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.