Plan Ledger DOL Form 5500 · updated monthly

Confluent Medical Technologies401(k)

CONFLUENT MEDICAL TECHNOLOGIES 401(K) PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Confluent Medical Technologies reported $123,642 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $2,681 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 3 years on file its reported administrative ratio has held roughly steady near 0.14%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 1,045th-largest of 9,483 plans among California employers on file, and the 1,977th of 13,661 in manufacturing. In 2024, employees put in $2.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$95,492,886
Participants with balances952
Active participants836
Employer contributions$2,241,027
Employee contributions$5,755,949
Employer contribution per active participant$2,681
Average account balance$100,308
Benefits paid to participants$6,053,998
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.5M · 952 accts · $2.2M emplr
2023$81.0M · 920 accts · $2.3M emplr
2022$64.5M · 875 accts · $2.4M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$69,429
Investment management$54,213
Total administrative$123,642
The Confluent Medical Technologies 401(k) match · 2024
Employer contribution per active participant$2,681
Median for plans this size$3,635
2024$2,681 per active participant
2023$2,963 per active participant
2022$3,158 per active participant

Confluent Medical Technologies's 2024 employer contribution ran below the $3,635 median for plans its size. 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$69,429
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$54,213

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$123,642 · 0.14%
2023$102,392 · 0.14%
2022$104,183 · 0.15%
Same employer
Similar plansManufacturing · California
Amyris, Inc. CA$98.6M
Iteris, Inc. CA$97.8M · 2.68%
Ai Industries, Inc. CA$97.0M · 0.00%
Vizio, Inc. CA$96.5M · 0.27%
Boyd Corporation, Inc. CA$92.3M · 0.36%
Producers Dairy Foods Inc. CA$92.3M · 0.21%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261142245 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.