Plan Snapshot
- Plan Sponsor: Sage Therapeutics, INC.
- Sponsor EIN: 274486580
- Sponsor Address: 55 CAMBRIDGE PKWY, CAMBRIDGE, MA, 021421234
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
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. |
|---|---|---|---|---|
| 2025 | 0 | $0 | $0 | $0 |
| 2024 | 352 | $79.9M | $3.5M | $9.1M |
| 2023 | 486 | $75.4M | $3.8M | $12.1M |
| 2022 | 671 | $56.0M | $3.4M | $9.3M |
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 |
|---|---|---|---|---|
| BAKER TILLY US, LLP | Auditor | $29,837 | — | $29,837 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $29,837
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 |
|---|---|---|---|---|---|
| 2025 | $129,069 | — | $99,232 | $29,837 | — |
| 2024 | $94,983 | — | $94,983 | — | — |
| 2023 | $102,181 | — | $102,181 | — | — |
| 2022 | $77,832 | — | $77,832 | — | — |