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SANA BIOTECHNOLOGY, INC. 401(K) PLAN

Plan Contact

  • Address: 188 EAST BLAINE STREET,,SEATTLE,WA
  • Contact person: JACKIE SUAREZ
  • Phone: (206) 701-7914

Plan General Information

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of SANA BIOTECHNOLOGY, INC. 401(K) PLAN is $30,379,904.00.This plan was established in 2019.

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in SANA BIOTECHNOLOGY, INC. 401(K) PLAN is 602

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2023, the average participant retirement account value for SANA BIOTECHNOLOGY, INC. 401(K) PLAN is $50,464.00

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for SANA BIOTECHNOLOGY, INC. 401(K) PLAN is $14,383.00.

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in SANA BIOTECHNOLOGY, INC. 401(K) PLAN is approximately $2,899.00
Investing in this additonal $2,899.00 for 20 years would give you extra $185,538.00, assuming a 10% annual return.

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2023, SANA BIOTECHNOLOGY, INC. 401(K) PLAN allocates $1,745,221.00 to match its employees' contributions, providing an employer match rate of 27.33% of their contributions

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of SANA BIOTECHNOLOGY, INC. 401(K) PLAN is 55.33%.

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

In 2023, the estimated aggregate retirement account investment gain/loss for SANA BIOTECHNOLOGY, INC. 401(K) PLAN is 19.88%. This measures the effectiveness of the plan participants' investments in the year.

SANA BIOTECHNOLOGY, INC. 401(K) PLAN Expense Ratio

In 2023, the investment and administrative expense ratio of SANA BIOTECHNOLOGY, INC. 401(K) PLAN is 0.02%.

Enrollment Features

SANA BIOTECHNOLOGY, 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.


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