Plan Ledger DOL Form 5500 · updated monthly

Neptune Medical401(k)

NEPTUNE MEDICAL 401(K) PLAN · BURLINGAME, CA · plan year 2024

Reported admin expense ratio · 2024
0.10%

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

Neptune Medical reported $7,737 in plan administrative expenses for 2024: 0.10% of average plan assets, lower than ~75% of peers. Employer contributions averaged $9,201 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,691st of 9,483), and 9,156th of 13,661 in manufacturing. In 2024, employees put in $1.74 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$9,176,746
Participants with balances204
Active participants140
Employer contributions$1,288,107
Employee contributions$2,242,491
Employer contribution per active participant$9,201
Average account balance$44,984
Benefits paid to participants$380,756
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$1,552
Investment management$6,185
Total administrative$7,737
The Neptune Medical 401(k) match · 2024
Employer contribution per active participant$9,201
Median for plans this size$1,313

Neptune Medical's 2024 employer contribution ran above the $1,313 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 · 20242
GUIDELINE, INC. · Plan administrator · Recordkeeping$6,990
BENEFIT TRUST COMPANY · Custodial · Custodial (securities)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 history1
2024$7,737 · 0.10%
Similar plansManufacturing · California
Cakebread Cellars, Inc. CA$9.2M · 0.09%
Tricida, Inc. CA$9.2M · 0.05%
Innogy E-Mobility US CA$9.1M · 0.66%
Earlens Corporation CA$9.1M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 811005426 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.