Plan Ledger DOL Form 5500 · updated monthly

Heartflow, Inc.401(k)

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

Reported admin expense ratio · 2024
0.32%

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

Heartflow, Inc. reported $110,809 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $2,363 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 0.41% to 0.32%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,118th-largest of 9,483 plans among California employers on file, and the 2,226th of 11,911 in health care & social assistance. In 2024, employees put in $4.67 for every $1.00 the employer contributed; active participation has grown from 509 to 604 since 2022.

Plan summary
Net assets, end of year$40,484,015
Participants with balances750
Active participants604
Employer contributions$1,427,073
Employee contributions$6,664,396
Employer contribution per active participant$2,363
Average account balance$53,979
Benefits paid to participants$3,568,236
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$40.5M · 750 accts · $1.4M emplr
2023$29.3M · 656 accts · $923K emplr
2022$23.8M · 570 accts · $383K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$110,809
Total administrative$110,809
The Heartflow, Inc. 401(k) match · 2024
Employer contribution per active participant$2,363
Median for plans this size$2,416
2024$2,363 per active participant
2023$1,785 per active participant
2022$753 per active participant

Heartflow, Inc.'s 2024 employer contribution ran below the $2,416 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 · 20243
PRINCIPAL LIFE INSURANCE COMPANY · Contract administrator · Loan processing$90,630
UNITED 401K PLANS INC · Contract administrator · Other services$20,179
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)indirect comp

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$110,809 · 0.32%
2023$123,666 · 0.47%
2022$99,920 · 0.41%
Same employer
Similar plansHealth Care & Social Assistance · California
Petaluma Health Center CA$40.9M · 0.04%
Honor Technology, Inc. CA$40.8M · 0.12%
Rideout Memorial Hospital CA$40.3M · 0.20%
Omni Family Health CA$39.8M · 0.75%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260506743 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.