WAVE LIFE SCIENCES USA, INC. 401(K) PLAN

Overview

Plan Contact

  • Address: 733 CONCORD AVE.,CAMBRIDGE,MA
  • Contact person: THOMAS J CAHILL
  • Phone: (617) 949-4722

Plan General Information


At the end of 2022, the total retirement plan assets of WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is $23,344,831.This plan was established in 2017.

At the end of 2022, the total number of retirement plan participants in WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is 363

In 2022, the average participant retirement account value for WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is $64,310

In 2022, the estimated average employee contribution amount per participant for WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is $10,076

In 2022, the estimated average employer match for an employee in WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is approximately $3,193

In 2022, WAVE LIFE SCIENCES USA, INC. 401(K) PLAN allocates $1,159,378 to match its employees’ contributions, providing an employer match rate of 33.79% of their contributions

In 2022, the total retirement plan asset growth rate of WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is 1.34%

In 2022, the estimated aggregate retirement account investment gain/loss for WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is -17.11%. This measures the effectiveness of the plan participants’ investments in the year.

In 2022, the investment and administrative expense ratio of WAVE LIFE SCIENCES USA, INC. 401(K) PLAN is 0.01%.

Enrollment Features

WAVE LIFE SCIENCES USA, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.