Plan Snapshot
- Plan Sponsor: Omega Therapeutics, INC.
- Sponsor EIN: 813247585
- Sponsor Address: 140 FIRST STREET, SUITE 501, CAMBRIDGE, MA, 02141
- Plan Type: 401(k)
- Total Participants: 41
- Total Assets: $11.8M
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 | 41 | $11.8M | $476,730 | $1.4M |
| 2023 | 91 | $9.9M | $866,910 | $2.0M |
| 2022 | 116 | $4.7M | $319,654 | $1.5M |
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 |
|---|---|---|---|---|
| LEE & CROWLEY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- LEE & CROWLEY, LLC — 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 | $11,433 | — | — | — | — |
| 2023 | $538 | — | — | — | — |
| 2022 | $240,663 | — | $860 | — | — |