401(k) · DOL Form 5500 · 2024

Absci Corporation 401(k) Plan

Data updated 2026-07-23

$14M
Total assets
142
Participants
62nd
Percentile by assets
$96,798
Avg per participant

Sponsored by Absci Corporation · Washington · Professional & Technical Services

What the 2024 filing shows

Absci Corporation 401(k) Plan holds $14M for 142 participants - about $96,798 per participant, above the median plan by assets, up 34.9% over the 2024 plan year.

$14M
total plan assets (2024 EOY)
142
covered participants
62nd
percentile by assets (of 116,472 plans)
$96,798
avg assets per participant
State
Industry
Professional & Technical Services

401(k) · DOL Form 5500 · 2024

What the Filing Says About Absci Corporation 401(k) Plan

Absci Corporation 401(k) Plan is a 401(k) retirement plan sponsored by Absci Corporation, headquartered in Washington. According to the U.S. Department of Labor's 2024 Form 5500 filing, the plan reports $14M in total end-of-year assets and covers 142 participants across the Professional & Technical Services industry. The sponsor's EIN on file with the U.S. Department of Labor is 853383487, and the plan has been effective since 2016-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets surged from $10M at the beginning of 2024 to $14M at year-end - up 34.9%. Net assets (after liabilities) closed the year at $14M, with reported net income of $4M driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Across the 3 plan years Absci Corporation has on file with PlainRetire (2022-2024), sponsor-wide plan assets have moved from $6M to $14M, a gain of 139.7%, while reported participants moved from 203 to 142 (-30.0%). The strongest year on file by total sponsor assets was 2024 at $14M; the softest was 2022 at $6M. Year-by-year, sponsor-wide filings show: 2022 - $6M in assets across 1 plan covering 203 participants; 2023 - $10M in assets across 1 plan covering 178 participants; 2024 - $14M in assets across 1 plan covering 142 participants.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows, a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

How the percentile is calculated: we count every plan that filed a 2024 Form 5500 with a reported end-of-year asset figure (116,472 plans), rank Absci Corporation 401(k) Plan against all of them by total assets, and report the share of those plans it outranks. A plan reporting no asset figure for the year is excluded from the ranking rather than assumed to be zero.

Financial Summary (2024)

Total Assets (Beginning of Year)$10M
Total Assets (End of Year)$14M
Net Assets (End of Year)$14M
Net Income$4M
Plan Type401(k)
Employer EIN853383487
Plan Effective Date2016-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Absci Corporation)

$0M$5M$10M$15M 202220232024 $5.73M $13.8M ▲ +140.0%
Total plan assets by year, all Absci Corporation 401(k) plans on file
Year Plans Participants Total Assets
2022 1 203 $6M
2023 1 178 $10M
2024 1 142 $14M

Nearby 401(k) Plans in Washington

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

Absci Corporation 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Absci Corporation 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants Scatter plot of 6 data points. -500000050000010000001500000 -20020406080 Total assets ($B) Participants Absci Corporation 40…The Boeing Company 4…Microsoft Corporatio…Costco 401(k) Retire…Amazon 401(k) Plan401(k) Savings Plan
Absci Corporation 401(k) Plan vs. nearby 401(k) plans in Washington, assets vs. participants

Frequently Asked Questions

How much money is in the Absci Corporation 401(k) Plan?
As of the 2024 Form 5500 filing, Absci Corporation 401(k) Plan holds $14M in total assets with 142 participants. It is sponsored by Absci Corporation.
What type of plan is Absci Corporation 401(k) Plan?
Absci Corporation 401(k) Plan is a 401(k) plan. It has been effective since 2016-01-01. The plan is filed with the U.S. Department of Labor under EIN 853383487.
Who sponsors the Absci Corporation 401(k) Plan?
Absci Corporation 401(k) Plan is sponsored by Absci Corporation, located in Washington. The sponsor's EIN is 853383487 and the plan operates in the Professional & Technical Services industry.
How did Absci Corporation 401(k) Plan perform in 2024?
Absci Corporation 401(k) Plan surged - up 34.9% during 2024, moving from $10M to $14M in total assets. Net income was $4M.

What this filing means

Ways to act on Absci Corporation 401(k) Plan's numbers.

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 853383487.

Reference: IRS Publication 560, Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B, Distributions from IRAs, RMD rules under SECURE Act 2.0.

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

Every figure on PlainRetire is rendered directly from the Department of Labor's Form 5500 annual return filings, no number is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-07-23.