Biontech US Inc. 401(k) Review & Grade
Biontech US 401(k) Plan
Cambridge, MAProfessional, Scientific & Technical Services727 active participantsPlan year 2024✓ Auto-enroll
Estimate from the plan's Form 5500 filing · How we grade
$9,054Employer $ per active participant
$16,911Employee $ saved per active participant
0.20%Direct admin cost, % of plan assets
$71.6MNet plan assets, end of year
$79,072Average balance per account
Score breakdown
- Employer generosity44.3 / 5089th percentile for employer $ per participant
- Low cost13.7 / 2555th percentile for low admin cost vs. same-size plans
- Employee saving14.1 / 1594th percentile for employee $ per participant
- Plan features10 / 10Auto-enrollment, Default investment
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Professional, Scientific & Technical Services plans with 500–2,499 active participants (1,469 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 89th |
| Lower admin cost | 55th |
| Employee saving | 94th |
| Peers that auto-enroll | 48% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Biontech US put in about $9,054 per active participant, more than the typical peer ($3,082). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- The plan auto-enrolls employees. Check your default contribution rate. Defaults are often lower than what it takes to get the full match.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $6,582,193 |
| Participant (employee) contributions | $12,294,615 |
| Other contributions (incl. rollovers in) | $7,590,513 |
| Administrative expenses paid from the plan | $109,494 |
| Contract administrator fees | $2,790 |
| Investment advisory & management fees | $89,704 |
| Benefits paid out | $2,636,124 |
| Net assets, start / end of year | $40.2M / $71.6M |
| Active participants, start / end of year | 652 / 802 |
| Participants with account balances | 906 |
| Auto-enrollment (feature code 2S) | Yes |
| Auditor | Gray Gray Gray |
Largest service providers (Schedule C)
| Cambridge Investment Research | $89,703 reported compensation |
| Gray Gray and Gray | $17,000 reported compensation |
| The Vanguard Group | $8,120 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20250925145804NAL0003602771001, received 2025-09-25, EIN 46-3915846, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.