EDITAS MEDICINE, INC. 401(K) PLAN

Plan Contact

  • Address: 11 HURLEY STREET,CAMBRIDGE,MA
  • Contact person: JEAN MOLONEY
  • Phone: (617) 401-9000

Plan General Information

EDITAS MEDICINE, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of EDITAS MEDICINE, INC. 401(K) PLAN is $23,434,965.00.This plan was established in 2014.

EDITAS MEDICINE, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in EDITAS MEDICINE, INC. 401(K) PLAN is 394

EDITAS MEDICINE, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for EDITAS MEDICINE, INC. 401(K) PLAN is $59,479.00

EDITAS MEDICINE, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for EDITAS MEDICINE, INC. 401(K) PLAN is $9,109.00.

EDITAS MEDICINE, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in EDITAS MEDICINE, INC. 401(K) PLAN is approximately $3,159.00
Investing in this additonal $3,159.00 for 20 years would give you extra $202,219.00, assuming a 10% annual return.

EDITAS MEDICINE, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, EDITAS MEDICINE, INC. 401(K) PLAN allocates $1,244,912.00 to match its employees' contributions, providing an employer match rate of 39.33% of their contributions

EDITAS MEDICINE, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of EDITAS MEDICINE, INC. 401(K) PLAN is 28.12%.

EDITAS MEDICINE, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for EDITAS MEDICINE, INC. 401(K) PLAN is 20.22%. This measures the effectiveness of the plan participants' investments in the year.

EDITAS MEDICINE, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of EDITAS MEDICINE, INC. 401(K) PLAN is 0.05%.

Enrollment Features

EDITAS MEDICINE, INC. 401(K) PLAN has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.

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