Civic Intelligence

Generate Biomedicines

Plan context: Generate Biomedicines Inc 401(K) Plan

EIN 83-1630228 • Somerville, MA • 8 filings • 3 plans

101 South StreetSte 900Somerville, MA 02143
Current Snapshot

Latest Year

2024

2024 Participants

328

2024 Assets

$16,520,974

2024 Contributions

$7,756,730

Historical Graphs

Total Assets Over Time

Aggregate end-of-year assets by filing year, excluding zero-asset years

$16,520,974$8,260,487$0201920222024YearValue
$16,520,974Latest year 2024

Participants Over Time

Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans

3281640201920222024YearValue
328Latest year 2024

Company Timeline

Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.

Year / FilingFilingsParticipantsAssetsContributionsContrib./Participant
20242328$16,520,974$7,756,730$23,649iApproximate average salary by contribution assumption: employee only about $591,214 at 4% or $394,143 at 6%; with 50% employer match about $394,143 at 4% or $262,762 at 6%; with 100% employer match about $295,607 at 4% or $197,071 at 6%.
Generate Biomedicines Inc 401(K) Plan-328$16,520,974$7,756,730$23,649iApproximate average salary by contribution assumption: employee only about $591,214 at 4% or $394,143 at 6%; with 50% employer match about $394,143 at 4% or $262,762 at 6%; with 100% employer match about $295,607 at 4% or $197,071 at 6%.
Generate Biomedicines Employee Benefits Plan-322---
20232286$8,445,518$4,955,861$17,328iApproximate average salary by contribution assumption: employee only about $433,205 at 4% or $288,803 at 6%; with 50% employer match about $288,803 at 4% or $192,535 at 6%; with 100% employer match about $216,602 at 4% or $144,402 at 6%.
Generate Biomedicines Inc 401(K) Plan-286$8,445,518$4,955,861$17,328iApproximate average salary by contribution assumption: employee only about $433,205 at 4% or $288,803 at 6%; with 50% employer match about $288,803 at 4% or $192,535 at 6%; with 100% employer match about $216,602 at 4% or $144,402 at 6%.
Generate Biomedicines Employee Benefits Plan-286---
20221236$2,841,252$1,836,646$7,782iApproximate average salary by contribution assumption: employee only about $194,560 at 4% or $129,707 at 6%; with 50% employer match about $129,707 at 4% or $86,471 at 6%; with 100% employer match about $97,280 at 4% or $64,853 at 6%.
Generate Biomedicines Inc 401(K) Plan-236$2,841,252$1,836,646$7,782iApproximate average salary by contribution assumption: employee only about $194,560 at 4% or $129,707 at 6%; with 50% employer match about $129,707 at 4% or $86,471 at 6%; with 100% employer match about $97,280 at 4% or $64,853 at 6%.
2021183$1,386,913$896,102$10,796iApproximate average salary by contribution assumption: employee only about $269,910 at 4% or $179,940 at 6%; with 50% employer match about $179,940 at 4% or $119,960 at 6%; with 100% employer match about $134,955 at 4% or $89,970 at 6%.
Generate Biomedicines Inc 401(K) Plan-83$1,386,913$896,102$10,796iApproximate average salary by contribution assumption: employee only about $269,910 at 4% or $179,940 at 6%; with 50% employer match about $179,940 at 4% or $119,960 at 6%; with 100% employer match about $134,955 at 4% or $89,970 at 6%.
2020141$465,535$310,738$7,579iApproximate average salary by contribution assumption: employee only about $189,474 at 4% or $126,316 at 6%; with 50% employer match about $126,316 at 4% or $84,211 at 6%; with 100% employer match about $94,737 at 4% or $63,158 at 6%.
Generate Biomedicines Inc 401(K) Plan-41$465,535$310,738$7,579iApproximate average salary by contribution assumption: employee only about $189,474 at 4% or $126,316 at 6%; with 50% employer match about $126,316 at 4% or $84,211 at 6%; with 100% employer match about $94,737 at 4% or $63,158 at 6%.
2019126$85,299$80,707$3,104iApproximate average salary by contribution assumption: employee only about $77,603 at 4% or $51,735 at 6%; with 50% employer match about $51,735 at 4% or $34,490 at 6%; with 100% employer match about $38,801 at 4% or $25,868 at 6%.
Generate Biomedicines Inc 401(K) Plan-26$85,299$80,707$3,104iApproximate average salary by contribution assumption: employee only about $77,603 at 4% or $51,735 at 6%; with 50% employer match about $51,735 at 4% or $34,490 at 6%; with 100% employer match about $38,801 at 4% or $25,868 at 6%.