Plan Ledger DOL Form 5500 · updated monthly

Acutus Medical, Inc.401(k)

ACUTUS MEDICAL, INC. 401(K) PLAN · CARLSBAD, CA · plan year 2023

Reported admin expense ratio · 2023
0.21%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Acutus Medical, Inc. reported $20,271 in plan administrative expenses for 2023: 0.21% of average plan assets, below the peer median. Employer contributions averaged $0 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.19% to 0.17%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,108th of 9,483), and 8,224th of 13,661 in manufacturing.

Plan summary
Net assets, end of year$11,377,435
Participants with balances287
Active participants199
Employer contributions$0
Employee contributions$2,240,678
Employer contribution per active participant$0
Average account balance$39,643
Benefits paid to participants$1,457,867
Plan auditUnmodified (clean) audit opinion
AuditorLAVINE, LOFGREN, MORRIS & ENGELBERG
Plan history4
Yearassets · accounts · employer contribution
2025$0
2024$8.9M · 232 accts
2023$11.4M · 287 accts
2022$8.3M · 278 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$19,464
Investment management$807
Total administrative$20,271
The Acutus Medical, Inc. 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Acutus Medical, Inc.'s 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$19,464

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history4
2025Not separately reported
2024$16,840 · 0.17%
2023$20,271 · 0.21%
2022$16,470 · 0.19%
Similar plansManufacturing · California
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%
Sierrathermal, Inc. CA$11.4M · 0.02%
Biscomerica Corporation CA$11.3M · 0.06%
Sdi Industries, Inc. CA$11.2M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451306615 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.