Recordkeeping fees per participant
not reported
Not reported on this filing.
Employers › Finch Therapeutics Group
Finch Therapeutics Group 401(k)
- FNCHQ OTC
- Professional, scientific, and technical services
- Boston, MA
- EIN 82-3433558
- 1 plan with Schedule H financials
- Plan year 2024
- Finch Therapeutics Group, Inc.
Administrative expenses excluding investment management, per participant · Finch Therapeutics Group, Inc 401(k) Plan · plan year 2024
$83.35
Higher than 43% of the 14,713 plans $1 to 10M that report it.
Source
= $8,668 / 104
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250715080110NAL0001853633001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715080110NAL0001853633001, received 2025-07-15
Percentiles compare this plan with the Schedule H plans $1 to 10M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-15.
Cost and contributions
Administrative expenses per participant
$259.71
Higher than 75% of the 15,210 plans $1 to 10M that report it.
Source
= $27,010 / 104
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715080110NAL0001853633001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715080110NAL0001853633001, received 2025-07-15
Administrative expenses as a share of assets
0.490%
Higher than 47% of the 15,243 plans $1 to 10M that report it.
Source
= $27,010 / $5,507,570
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715080110NAL0001853633001, received 2025-07-15
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250715080110NAL0001853633001, received 2025-07-15
Employer contributions per participant
$42
Higher than 2% of the 13,342 plans $1 to 10M that report it.
Source
= $4,403 / 104
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715080110NAL0001853633001, received 2025-07-15
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715080110NAL0001853633001, received 2025-07-15
Employer share of total contributions
12.6%
Higher than 11% of the 13,370 plans $1 to 10M that report it.
Source
= $4,403 / $34,903
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715080110NAL0001853633001, received 2025-07-15
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250715080110NAL0001853633001, received 2025-07-15
Plan terms, as stated in Finch Therapeutics Group, Inc.'s SEC filings
Plan terms are described in Finch Therapeutics Group, Inc.'s SEC filings: Form 10-K filed 2024-03-25. No term could be quoted from them with the required precision.
Plan features
2E profit-sharing · 3D IRS pre-approved plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2F ERISA 404(c) plan · 2T default investment (QDIA) · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250715080110NAL0001853633001, received 2025-07-15
Full record, Finch Therapeutics Group, Inc 401(k) Plan
| Field | Value | Source |
|---|---|---|
| Plan sponsor | FINCH THERAPEUTICS GROUP, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Plan name | FINCH THERAPEUTICS GROUP, INC 401(K) PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Sponsor EIN / plan number | 82-3433558 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Sponsor location | BOSTON, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Industry (business code) | 541700, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Filing received | 2025-07-15 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Participants, beginning of year | 168 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Active participants | 93 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Participants, end of year | 104 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Participants with an account balance | 104 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total assets, beginning of year | $6,592,801 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total assets, end of year | $5,507,570 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Net assets, end of year | $5,507,570 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total income | $916,535 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Net income | $-1,085,231 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Employer contributions | $4,403 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Participant contributions | $30,500 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total contributions | $34,903 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Benefit payments | $1,974,756 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total expenses (incl. benefit payments) | $2,001,766 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Total administrative expenses | $27,010 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Contract administrator fees | $8,668 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Investment advisory and management fees | $18,342 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Administrative expenses excluding investment management | $8,668 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250715080110NAL0001853633001, received 2025-07-15 |
| Held in mutual funds | $5,480,067 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250715080110NAL0001853633001, received 2025-07-15 |
Position = column in the DOL layout for form year 2024. Filing 20250715080110NAL0001853633001, received 2025-07-15.
Service providers paid directly by the plan
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| SENTINEL PENSION ADVISORS | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $18,342 | no |
| THE VANGUARD GROUP, INC.recordkeeper | NONE | 99 Other fees; 15 Recordkeeping and information management; 64 Recordkeeping fees; 50 Direct payment from the plan; 52 Investment management fees paid indirectly by plan; 68 Soft dollars commissions | $8,668 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250715080110NAL0001853633001, received 2025-07-15.
What changed since the 2023 plan year
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $6,592,801 | $5,507,570 | -16.5% |
| Participants with a balance | 167 | 104 | -37.7% |
| Administrative expenses | $24,805 | $27,010 | 8.9% |
| Recordkeeping fees per participant | not reported | not reported | |
| Employer contributions | $107,751 | $4,403 | -95.9% |
Prior filing 20240808112840NAL0004977297001, received 2024-08-08; the plan years are contiguous.
Alerts, claims and corrections
Sponsor name as filed: FINCH THERAPEUTICS GROUP, INC.; SEC registrant: Finch Therapeutics Group, Inc. (CIK 1733257, matched by EIN; display name from the Form 10-K cover).