Plan Ledger DOL Form 5500 · updated monthly

Zymeworks Biopharmaceuticals Inc.401(k)

ZYMEWORKS BIOPHARMACEUTICALS 401(K) PLAN · · plan year 2024

Reported admin expense ratio · 2024
0.73%

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

Zymeworks Biopharmaceuticals Inc. reported $88,216 in plan administrative expenses for 2024: 0.73% of average plan assets, higher than ~90% of peers. Employer contributions averaged $9,568 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 0.33% to 0.73%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is 7,964th of 13,661 in manufacturing. In 2024, employees put in $1.52 for every $1.00 the employer contributed; active participation has shrunk from 121 to 76 since 2022.

Plan summary
Net assets, end of year$12,209,246
Participants with balances163
Active participants76
Employer contributions$727,162
Employee contributions$1,102,958
Employer contribution per active participant$9,568
Average account balance$74,903
Benefits paid to participants$3,721,201
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$12.2M · 163 accts · $727K emplr
2023$12.0M · 220 accts · $1.2M emplr
2022$11.1M · 222 accts · $1.5M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$77,501
Investment management$10,715
Total administrative$88,216
The Zymeworks Biopharmaceuticals Inc. 401(k) match · 2024
Employer contribution per active participant$9,568
Median for plans this size$2,416
2024$9,568 per active participant
2023$15,977 per active participant
2022$12,130 per active participant

Zymeworks Biopharmaceuticals 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 · 20245
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$5,179
HUB INTERNATIONAL MIDWEST LIMITED · Investment advisory (plan)$10,715
DEFINITI LLC · Contract administrator · Investment advisory (plan)$4,498
RELIANCE TRUST · Custodial (securities)$166

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$88,216 · 0.73%
2023$158,118 · 1.37%
2022$37,911 · 0.33%
Same employer
Similar plansManufacturing
Manitex International Inc. IL$12.2M · 0.49%
Active Manufacturing, Corp. MI$12.2M · 0.47%
Twist, Inc. OH$12.2M · 0.22%
McNaughton & Gunn, Inc. MI$12.2M · 0.51%
Edco Tool & Die, Co. $12.2M · 0.39%
Muth Mirror Systems LLC WI$12.2M · 0.31%
Aerometals, Inc. CA$12.2M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 472569713 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.