401k Record

Employers › TCR2 Therapeutics

TCR2 Therapeutics 401(k)

Administrative expenses excluding investment management, per participant · TCR2 Therapeutics, Inc. 401(k) Retirement Plan · plan year 2023

$33.54

Higher than 27% of the 17,126 plans $1 to 10M that report it.

Source

= $4,025 / 120
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241014150243NAL0052802530001, received 2024-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241014150243NAL0052802530001, received 2024-10-14

10th: $10.83median $92.8690th: $271.69

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 2023-01-01 to 2023-12-31, filing received 2024-10-14.

Cost and contributions

Recordkeeping fees per participant

not reported

Not reported on this filing.

Administrative expenses per participant

$33.54

10th: $16.05median $134.8990th: $338.53

Higher than 19% of the 17,762 plans $1 to 10M that report it.

Source

= $4,025 / 120
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241014150243NAL0052802530001, received 2024-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241014150243NAL0052802530001, received 2024-10-14

Administrative expenses as a share of assets

0.081%

10th: 0.056%median 0.483%90th: 1.081%

Higher than 13% of the 17,798 plans $1 to 10M that report it.

Source

= $4,025 / $4,988,537
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241014150243NAL0052802530001, received 2024-10-14
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241014150243NAL0052802530001, received 2024-10-14

Employer contributions per participant

$2,135

10th: $347median $1,29490th: $2,822

Higher than 78% of the 15,688 plans $1 to 10M that report it.

Source

= $256,241 / 120
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241014150243NAL0052802530001, received 2024-10-14
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241014150243NAL0052802530001, received 2024-10-14

Employer share of total contributions

28.0%

10th: 11.8%median 28.6%90th: 43.4%

Higher than 48% of the 15,721 plans $1 to 10M that report it.

Source

= $256,241 / $914,561
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241014150243NAL0052802530001, received 2024-10-14
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241014150243NAL0052802530001, received 2024-10-14

Plan terms, as stated in TCR2 Therapeutics, Inc.'s SEC filings

Plan terms are described in TCR2 Therapeutics, Inc.'s SEC filings: Form 10-K filed 2023-03-23. No term could be quoted from them with the required precision.

Plan features

2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2T default investment (QDIA) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20241014150243NAL0052802530001, received 2024-10-14

Full record, TCR2 Therapeutics, Inc. 401(k) Retirement Plan

FieldValueSource
Plan sponsorTCR2 THERAPEUTICS, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20241014150243NAL0052802530001, received 2024-10-14
Plan nameTCR2 THERAPEUTICS, INC. 401K RETIREMENT PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20241014150243NAL0052802530001, received 2024-10-14
Sponsor EIN / plan number47-4152751 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20241014150243NAL0052802530001, received 2024-10-14
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20241014150243NAL0052802530001, received 2024-10-14
Sponsor locationCAMBRIDGE, MAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20241014150243NAL0052802530001, received 2024-10-14
Industry (business code)621510, Health care and social assistanceForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20241014150243NAL0052802530001, received 2024-10-14
Plan year2023-01-01 to 2023-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20241014150243NAL0052802530001, received 2024-10-14
Filing received2024-10-14Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20241014150243NAL0052802530001, received 2024-10-14
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20241014150243NAL0052802530001, received 2024-10-14
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20241014150243NAL0052802530001, received 2024-10-14
Participants, beginning of year198Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20241014150243NAL0052802530001, received 2024-10-14
Active participants0Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20241014150243NAL0052802530001, received 2024-10-14
Participants, end of year120Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20241014150243NAL0052802530001, received 2024-10-14
Participants with an account balance120Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20241014150243NAL0052802530001, received 2024-10-14
Total assets, beginning of year$7,462,623Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20241014150243NAL0052802530001, received 2024-10-14
Total assets, end of year$4,988,537Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20241014150243NAL0052802530001, received 2024-10-14
Net assets, end of year$4,988,537Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20241014150243NAL0052802530001, received 2024-10-14
Total income$2,083,014Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20241014150243NAL0052802530001, received 2024-10-14
Net income$-2,474,086Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20241014150243NAL0052802530001, received 2024-10-14
Employer contributions$256,241Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20241014150243NAL0052802530001, received 2024-10-14
Participant contributions$656,591Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20241014150243NAL0052802530001, received 2024-10-14
Other contributions (incl. rollovers)$1,729Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20241014150243NAL0052802530001, received 2024-10-14
Total contributions$914,561Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20241014150243NAL0052802530001, received 2024-10-14
Benefit payments$4,553,075Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20241014150243NAL0052802530001, received 2024-10-14
Total expenses (incl. benefit payments)$4,557,100Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20241014150243NAL0052802530001, received 2024-10-14
Total administrative expenses$4,025Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20241014150243NAL0052802530001, received 2024-10-14
Contract administrator fees$3,625Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20241014150243NAL0052802530001, received 2024-10-14
Administrative expenses excluding investment management$4,025derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20241014150243NAL0052802530001, received 2024-10-14
Held in mutual funds$4,914,409Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20241014150243NAL0052802530001, received 2024-10-14
Independent auditorCOHNREZNICK LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20241014150243NAL0052802530001, received 2024-10-14

Position = column in the DOL layout for form year 2023. Filing 20241014150243NAL0052802530001, received 2024-10-14.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
VOYA RETIREMENT INSURANCE & ANNUITYrecordkeeperRECORD KEEPER 64 Recordkeeping fees $4,025yes
MML INVESTORS SERVICES INCSERVICE PROVIDER 99 Other fees $0yes

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 20241014150243NAL0052802530001, received 2024-10-14.

No filing for the previous plan year is in the data, so there is no year-over-year comparison.

Alerts, claims and corrections

Alert me when this filing changes

One email when a new Form 5500 for TCR2 Therapeutics, Inc. 401(k) Retirement Plan appears in the Department of Labor data. Confirmation link first; unsubscribe link in every email.

Claim this plan

For the sponsor or its plan administrator: request to verify or annotate this page. A work email address at the sponsor speeds up verification.

Report a correction

Every figure is reproduced from the filing with its source. Tell us which figure and what the filing says instead.

Sponsor name as filed: TCR2 THERAPEUTICS, INC.; SEC registrant: TCR2 THERAPEUTICS INC. (CIK 1750019, matched by EIN).