T2 Biosystems 401(k) match, vesting and fees
What T2 Biosystems' 401(k) plan says about matching contributions
Plan features
Match, vesting and enrollment details have not been published from this plan's audit report yet. The figures below come from the structured filing.
| Recordkeeper | Global Retirement Partners | Schedule C ↗ |
| Independent auditor | Kahn Litwin Renza & Co. Ltd. (unmodified opinion, limited scope) | Schedule H ↗ |
| Plan type and status | 401(k) · Active | Form 5500 ↗ |
How the plan compares
Plan year 2024 medians for 7,678 defined-contribution plans in health care and social assistance with 100 to 499 participants.
| T2 Biosystems: employer contribution per participant | $651 | |
| Peer median | $1,468 |
| T2 Biosystems: average balance | $50,685 | |
| Peer median | $37,786 |
| T2 Biosystems: admin expenses ÷ assets | 0.51% | |
| Peer median | 0.39% |
Admin expenses are the plan's reported administrative expenses divided by its assets; they do not include fund expense ratios.
Plan history
Plan assets went from $9.1M at the end of plan year 2021 to $10M at the end of plan year 2024.
| Plan year | Participants | Assets | Employer contributions | Per participant | Admin expense ratio | Match formula | Filing |
|---|---|---|---|---|---|---|---|
| 2024 | 212 | $10M | $128K | $651 | 0.51% | Not published | Form 5500 ↗ |
| 2023 | 231 | $9.4M | $112K | $543 | 0.30% | Not published | Form 5500 ↗ |
| 2022 | 265 | $8.8M | $243K | $1,045 | 0.28% | Not published | Form 5500 ↗ |
| 2021 | 268 | $9.1M | $198K | $847 | 0.26% | Not published | Form 5500 ↗ |
Common questions
Does T2 Biosystems match 401(k) contributions?
The match terms for the T2 Biosystems, Inc 401k Profit Sharing Plan and Trust have not been published from its filing yet. The plan year 2024 filing reports $128K in employer contributions, about $651 per participant. That total includes any match and profit-sharing; it is not a match formula.
When is the T2 Biosystems 401(k) match vested?
The vesting schedule for the T2 Biosystems, Inc 401k Profit Sharing Plan and Trust is not in the data published so far. Your Summary Plan Description states it.
Who manages the T2 Biosystems 401(k)?
The recordkeeper listed on Schedule C of the plan year 2024 filing is Global Retirement Partners. The plan administrator is T2 Biosystems, Inc.
I left T2 Biosystems. How do I find my old 401(k)?
Your account stays in the plan until you move it. Contact the plan administrator (T2 Biosystems, Inc, (781) 457-1200) or the recordkeeper, Global Retirement Partners. The T2 Biosystems old 401(k) page lists the contacts from every plan filing. Find an old T2 Biosystems 401(k)
Data from the public Form 5500 annual reports T2 Biosystems filed with the U.S. Department of Labor (plan years 2021 and 2022 and 2023 and 2024) and, where noted, the attached independent auditor's report. Plan terms may have changed since the filing; check your current Summary Plan Description. PlanFacts is not affiliated with T2 Biosystems. Not financial advice. Report a correction · Methodology