Plan Ledger DOL Form 5500 · updated monthly

Irhythm Technologies401(k)

IRHYTHM TECHNOLOGIES 401(K) PLAN · SAN FRANCISCO, CA · plan year 2024

Reported admin expense ratio · 2024
0.01%

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

Irhythm Technologies reported $13,497 in plan administrative expenses for 2024: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $3,283 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 0.10% to 0.01%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 798th-largest of 9,483 plans among California employers on file, and the 863rd of 11,911 in health care & social assistance. In 2024, employees put in $3.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$132,952,617
Participants with balances2,040
Active participants1,762
Employer contributions$5,785,050
Employee contributions$19,033,571
Employer contribution per active participant$3,283
Average account balance$65,173
Benefits paid to participants$13,532,100
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$133.0M · 2,040 accts · $5.8M emplr
2023$100.5M · 1,881 accts · $5.6M emplr
2022$66.1M · 1,855 accts · $5.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$13,497
Total administrative$13,497
The Irhythm Technologies 401(k) match · 2024
Employer contribution per active participant$3,283
Median for plans this size$3,635
2024$3,283 per active participant
2023$3,178 per active participant
2022$2,861 per active participant

Irhythm 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 · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$13,902

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$13,497 · 0.01%
2023$29,751 · 0.04%
2022$63,278 · 0.10%
Same employer
Similar plansHealth Care & Social Assistance · California
Fibrogen, Inc. CA$124.9M · 0.07%
Invitae CA$122.3M · 0.22%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208149544 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.