Plan Snapshot
- Plan Sponsor: Wave Life Sciences Usa, INC.
- Sponsor EIN: 271038236
- Sponsor Address: 733 CONCORD AVE., CAMBRIDGE, MA, 02138
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 419
- Total Assets: $55.7M
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. |
|---|---|---|---|---|
| 2025 | 419 | $55.7M | $0 | $0 |
| 2024 | 273 | $41.2M | $1.4M | $4.4M |
| 2023 | 256 | $31.4M | $1.3M | $4.0M |
| 2022 | 243 | $23.3M | $1.2M | $3.4M |
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 |
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 |
|---|---|---|---|---|---|
| 2025 | $3,464,509 | — | $3,725 | — | — |
| 2024 | $2,740 | — | $2,740 | — | — |
| 2023 | $6,435 | — | $6,435 | — | — |
| 2022 | $2,219 | — | $2,219 | — | — |