Plan Ledger DOL Form 5500 · updated monthly

Alivecor, Inc.401(k)

ALIVECOR, INC. 401(K) PLAN · MOUNTAIN VIEW, CA · plan year 2024

Reported admin expense ratio · 2024
0.03%

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

Alivecor, Inc. reported $2,997 in plan administrative expenses for 2024: 0.03% of average plan assets, lower than ~75% of peers. Employer contributions averaged $6,748 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 0.06% to 0.03%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,072nd of 9,483), and 8,174th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$11,557,205
Participants with balances151
Active participants95
Employer contributions$641,094
Employee contributions$1,363,807
Employer contribution per active participant$6,748
Average account balance$76,538
Benefits paid to participants$519,677
Plan auditUnmodified (clean) audit opinion
AuditorCROWE LLP
Plan history3
Yearassets · accounts · employer contribution
2024$11.6M · 151 accts · $641K emplr
2023$8.7M · 145 accts · $646K emplr
2022$6.2M · 134 accts · $728K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$2,953
Trustee / custodial$44
Total administrative$2,997
The Alivecor, Inc. 401(k) match · 2024
Employer contribution per active participant$6,748
Median for plans this size$2,416
2024$6,748 per active participant
2023$5,386 per active participant
2022$7,502 per active participant

Alivecor, Inc.'s 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
MATRIX TRUST COMPANY · Custodial (securities) · Loan processing$44

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

Administrative cost history3
2024$2,997 · 0.03%
2023$3,827 · 0.05%
2022$3,610 · 0.06%
Similar plansManufacturing · California
Beauty 21 Cosmetics Inc CA$11.6M · 0.06%
Vantage Associates Inc. CA$11.6M · 0.00%
Rock West Composites, Inc. CA$11.6M · 0.19%
Rtc Aerospace CA$11.5M · 0.63%
Tst, Inc CA$11.5M · 0.65%
Foodstate, Inc. CA$11.5M · 0.41%

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Source: U.S. Department of Labor, Form 5500 series, EIN 451681679 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.