Plan Snapshot
- Plan Sponsor: Zymeworks Biopharmaceuticals INC.
- Sponsor EIN: 472569713
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 76
- Total Assets: $12.2M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 76 | $12.2M | $727,162 | $1.1M |
| 2023 | 74 | $12.0M | $1.2M | $1.6M |
| 2022 | 121 | $11.1M | $1.5M | $2.2M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INS. CO. OF AMERICA | Recordkeeper | $67,826 | — | $67,826 |
| DEFINITI LLC | Other Service Provider | $4,498 | $29,718 | $34,216 |
| HUB INTERNATIONAL MIDWEST LIMITED | Investment Advisor | $10,715 | — | $10,715 |
| STANCORP FINANCIAL GROUP | Recordkeeper | $5,179 | — | $5,179 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- STANCORP FINANCIAL GROUP — Recordkeeper
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,936
- Estimated Expense Ratio: 0.966% of plan assets
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 | $88,216 | $10,715 | $5,479 | — | — |
| 2023 | $158,118 | $105,614 | $11,262 | — | — |
| 2022 | $37,911 | -$707 | $6,750 | — | $31,868 |