Plan Snapshot
- Plan Sponsor: Modernatx, INC.
- Sponsor EIN: 270226313
- Sponsor Address: 325 BINNEY STREET, CAMBRIDGE, MA, 02142
- Plan Type: 401(k)
- Total Participants: 4,822
- Total Assets: $501.7M
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 | 4,822 | $501.7M | $39.2M | $74.3M |
| 2023 | 4,814 | $338.0M | $32.5M | $62.0M |
| 2022 | 3,299 | $178.8M | $21.2M | $42.0M |
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 |
|---|---|---|---|---|
| CARON & BLETZER, PLLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CARON & BLETZER, PLLC — Auditor
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 | $157,766 | $108,572 | $900 | — | — |
| 2023 | $83,244 | $97,636 | — | — | — |
| 2022 | $34,475 | $27,265 | — | — | — |