Plan Ledger DOL Form 5500 · updated monthly

Masimo Corporation401(k)

MASIMO RETIREMENT SAVINGS PLAN · IRVINE, CA · plan year 2025

Reported admin expense ratio · 2025
0.07%

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

Masimo Corporation reported $177,518 in plan administrative expenses for 2025: 0.07% of average plan assets, below the peer median. Employer contributions averaged $3,285 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 fell from 0.09% to 0.07%. The plan sits in the $250M–$1B size bracket, benchmarked here against 230 comparable plans and shown alongside other manufacturing employers. By assets it is the 450th-largest of 9,483 plans among California employers on file, and the 945th of 13,661 in manufacturing. In 2025, employees put in $3.85 for every $1.00 the employer contributed; active participation has shrunk from 1,737 to 1,261 since 2022.

Plan summary
Net assets, end of year$267,161,319
Participants with balances1,850
Active participants1,261
Employer contributions$4,142,596
Employee contributions$15,940,836
Employer contribution per active participant$3,285
Average account balance$144,412
Benefits paid to participants$35,515,102
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$267.2M · 1,850 accts · $4.1M emplr
2024$244.1M · 1,874 accts · $4.6M emplr
2023$206.2M · 1,913 accts · $4.9M emplr
2022$175.7M · 1,895 accts · $4.5M emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$128,768
Total administrative$177,518
The Masimo Corporation 401(k) match · 2025
Employer contribution per active participant$3,285
Median for plans this size$4,295
2025$3,285 per active participant
2024$2,943 per active participant
2023$3,042 per active participant
2022$2,582 per active participant

Masimo Corporation's 2025 employer contribution ran below the $4,295 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$128,702
MORGAN STANLEY · Investment advisory (plan)$65,000

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

Administrative cost history4
2025$177,518 · 0.07%
2024$173,156 · 0.08%
2023$155,565 · 0.08%
2022$162,321 · 0.09%
Same employer
Similar plansManufacturing · California
Lumentum Operations LLC CA$271.5M · 0.04%
Riverbed Technology LLC CA$270.9M · 0.04%
Osi Systems, Inc. CA$269.8M · 0.10%
Quantum Corporation CA$267.5M · 0.04%
Aerovironment, Inc. CA$259.8M · 0.10%
Golden State Foods CA$259.7M · 0.20%
Calix, Inc. CA$256.5M · 0.07%
Headway Technologies, Inc. CA$255.8M · 0.01%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 330368882 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.