401(k) · DOL Form 5500 · 2023

Generate Biomedicines, Inc 401(k) Plan

Data updated 2026-08-25

$8M
Total assets Small plan by assets
221
Participants Below avg headcount
55th
Percentile by assets National rank
$38,215
Avg per participant Low balance/head
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Official DOL plan name: Generate Biomedicines, Inc 401(k) Plan · Sponsored by Generate Biomedicines, Inc · Massachusetts · Professional & Technical Services

$8M in assets, 221 participants

Generate Biomedicines, Inc's Generate Biomedicines, Inc 401(k) Plan reported $8M in total assets and 221 participants in its 2023 DOL Form 5500 filing, ranking in the 55th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #10,864 in Professional & Technical Services (20,321 peers)

Coverage in Massachusetts

Generate Biomedicines, Inc 401(k) Plan covers 221 participants in Massachusetts, about 34% of the average Massachusetts filer (state average ~659 per filing). Assets: $8M.

#10,864
in Professional & Technical Services (20,321 peers)
+197.2%
assets growth YoY

Generate Biomedicines, Inc 401(k) Plan's mid-pack asset rank among Professional & Technical Services and all filers

Generate Biomedicines, Inc 401(k) Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$8,445,518 Top 45% higher than 55% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Generate Biomedicines, Inc 401(k) Plan among mid-size filed plans by headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Generate Biomedicines, Inc 401(k) Plan sits mid-pack in the medium band (221 participants).

Published 5500 schedule card

Filing strip 831630228 · Generate Biomedicines, Inc PY 2023 · 401(k)

Generate Biomedicines, Inc 401(k) Plan · $8M · 221 · 55th

  • PCT $8M
  • PCT 221
  • PCT 55th
  • PCT 401(k)
  • PCT near The Virginia Tire & Auto 401(k) Plan
  • PCT ind #10864

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Professional & Technical Services retirement plans → · Plans in Massachusetts →

Generate Biomedicines, Inc 401(k) Plan in the asset neighbourhood

Generate Biomedicines, Inc 401(k) PlanGenerate Biomedicines, Inc 4…$8MThe Virginia Tire & Auto 401(k) PlanThe Virginia Tire & Auto 401…$8MWisconsin Plastics, Inc Retirement Savings PlanWisconsin Plastics, Inc Reti…$8MAltimate Electric, Inc. 401(k) PlanAltimate Electric, Inc. 401(…$8MMidas Hospitality, LLC 401(k) PlanMidas Hospitality, LLC 401(k…$8M
End-of-year total assets ($M) among Generate Biomedicines, Inc 401(k) Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Massachusetts filing particulars

Total Assets (Beginning of Year)$3M
Net Assets (End of Year)$8M
Net Income$6M
Employer EIN831630228
Plan Effective Date2019-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Generate Biomedicines, Inc)

Sponsor-wide plan assets over time

All Generate Biomedicines, Inc plans reported in each filing year

Latest sponsor-wide plan assets
$17M 95.6182439016766% vs 2023
2024 filing year
$5M$10M$15M$20M 20232024 $8.45M $16.5M ▲ +95.5%
Year Plans Participants Total Assets
2023 1 221 $8M
2024 1 286 $17M

Nearby 401(k) Plans in Massachusetts

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Generate Biomedicines, Inc 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. -20000020000400006000080000 -10010203040 Total assets ($B) Participants Generate Biomedicines, Inc 401(k) Plan, Total assets ($B): 0.008445518 · Participants: 221Generate Biomedicines, Inc 401(k) PlanFidelity Retirement Savings Plan, Total assets ($B): 28.649852331 · Participants: 62289Fidelity Retirement Savings PlanLiberty Mutual 401(k) Plan, Total assets ($B): 10.556596852 · Participants: 37052Liberty Mutual 401(k) PlanMassachusetts Institute of Technology Supplemental 401(k) Plan, Total assets ($B): 6.829912863 · Participants: 14094Massachusetts Institute of Technology Supplemental 401(k) PlanBoston Scientific Corporation 401(k) Retirement Savings Plan, Total assets ($B): 5.786107181 · Participants: 19881Boston Scientific Corporation 401(k) Retirement Savings PlanPhilips North America 401(k) Plan, Total assets ($B): 5.779286156 · Participants: 19120Philips North America 401(k) Plan
Generate Biomedicines, Inc 401(k) Plan vs. nearby 401(k) plans in Massachusetts, assets vs. participants
Compare Generate Biomedicines, Inc 401(k) Plan side-by-side with 3 peers →

Generate Biomedicines, Inc 401(k) Plan's out-of-state 401(k) peers by assets and headcount

Outside Massachusetts, the nearest 401(k) by assets is The Virginia Tire & Auto 401(k) Plan in VA ($8M); by covered participants it is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($8M here).

Similar participant headcount

Nearest other-state filings by covered participants (221 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Generate Biomedicines, Inc 401(k) Plan assets move in 2023? ▼
Generate Biomedicines, Inc 401(k) Plan surged - up 197.2% during 2023, from $3M to $8M. Reported net income was $6M.
How have Generate Biomedicines, Inc plan assets changed over time? ▼
Across 2 plan years on file (2023-2024), Generate Biomedicines, Inc's sponsor-wide assets grew 95.6%, from $8M to $17M.
Which 401(k) plans are similar in size to Generate Biomedicines, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by assets is The Virginia Tire & Auto 401(k) Plan in VA ($8M, 255 participants).
Which 401(k) plans cover a similar participant headcount to Generate Biomedicines, Inc 401(k) Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Skin Cancer and Cosmetic Dermatology 401(k) Plan a in GA (221 participants, $3M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 831630228.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.