Plan Ledger DOL Form 5500 · updated monthly

Zai Lab US, LLC401(k)

ZAI LAB US 401(K) PLAN · CAMBRIDGE, MA · plan year 2024

Reported admin expense ratio · 2024
0.29%

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

Zai Lab US, LLC reported $33,424 in plan administrative expenses for 2024: 0.29% of average plan assets, below the peer median. Employer contributions averaged $15,961 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 2 years on file its reported administrative ratio rose from 0.00% to 0.29%. 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 among the smaller plans on file in Massachusetts (1,656th of 2,726), and 7,107th of 11,654 in professional & technical services. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has shrunk from 83 to 66 since 2022.

Plan summary
Net assets, end of year$12,966,897
Participants with balances107
Active participants66
Employer contributions$1,053,404
Employee contributions$1,821,172
Employer contribution per active participant$15,961
Average account balance$121,186
Benefits paid to participants$2,519,764
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.0M · 107 accts · $1.1M emplr
2023$9.9M · 106 accts · $1.1M emplr
2022$3.8M · 105 accts · $44K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,174
Total administrative$33,424
The Zai Lab US, LLC 401(k) match · 2024
Employer contribution per active participant$15,961
Median for plans this size$2,416
2024$15,961 per active participant
2023$13,877 per active participant
2022$534 per active participant

Zai Lab US, LLC'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
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$27,174
NEWFRONT RETIREMENT SERVICES · Investment advisory (plan)$6,250

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$33,424 · 0.29%
2023$17,918 · 0.26%
2022$100 · 0.00%
Similar plansProfessional & Technical Services · Massachusetts
Clough USA, Inc. MA$13.1M · 0.45%
Valo Health Inc. MA$13.0M · 0.63%
Jounce Therapeutics, Inc. MA$13.0M · 0.01%
Trinetx, LLC MA$12.9M · 0.09%
Keros Therapeutics MA$12.9M · 0.01%
Neumora Therapeutics, Inc. MA$12.9M · 0.06%
Danforth Advisors, LLC MA$12.9M · 0.46%

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Source: U.S. Department of Labor, Form 5500 series, EIN 384037924 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.