Plan Snapshot
- Plan Sponsor: 2seventy Bio, INC.
- Sponsor EIN: 863658454
- Sponsor Address: 60 BINNEY STREET, CAMBRIDGE, MA, 02142
- Plan Type: 401(k)
- Total Participants: 69
- Total Assets: $32.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 69 | $32.3M | $1.1M | $2.4M |
| 2023 | 276 | $44.4M | $3.2M | $7.0M |
| 2022 | 413 | $30.3M | $3.2M | $6.6M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| JOHNSON O CONNOR FERON &CARUCCI LLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $75,560 | $38,333 | — | — | — |
| 2023 | $82,306 | $36,767 | — | — | — |
| 2022 | $70,820 | — | — | — | — |