Plan Ledger DOL Form 5500 · updated monthly

Pacific Biosciences of California, Inc.401(k)

PACIFIC BIOSCIENCES OF CALIFORNIA, INC. 401(K) PLAN · MENLO PARK, CA · plan year 2024

Reported admin expense ratio · 2024
0.15%

Pacific Biosciences of California, Inc. reported $105,143 in plan administrative expenses for 2024: 0.15% of average plan assets, above the peer median. 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 0.17% to 0.15%. 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 1,292nd-largest of 9,483 plans among California employers on file, and the 2,394th of 13,661 in manufacturing. active participation has shrunk from 667 to 481 since 2022.

Plan summary
Net assets, end of year$72,727,869
Participants with balances617
Active participants481
Employer contributions—
Employee contributions$8,149,707
Employer contribution per active participant—
Average account balance$117,873
Benefits paid to participants$12,440,479
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$72.7M · 617 accts
2023$66.3M · 686 accts
2022$53.7M · 650 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$59,741
Investment management$24,110
Trustee / custodial$21,292
Total administrative$105,143
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 · 20244
NEWPORT GROUP, INC. · Recordkeeping · Consulting$64,741
NEWPORT TRUST COMPANY · Claims processing · Custodial (securities)$21,292
SAGEPOINT FINANCIAL, INC. · Investment advisory (plan)$9,555
OSAIC WEALTH, INC. · Investment advisory (plan)$9,555

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

Recordkeeper by year2
2024Newport (Ascensus)
2023Newport (Ascensus)

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$105,143 · 0.15%
2023$96,768 · 0.16%
2022$99,210 · 0.17%
Same employer
Similar plansManufacturing · California
J.D. Heiskell Holdings, LLC CA$74.5M · 0.17%
Resonac America Inc. CA$74.1M · 0.14%
Harmony Foods, LLC CA$72.5M · 0.37%
Ambarella Corporation CA$72.2M · 0.02%
Schmidbauer Lumber, Inc. CA$71.5M · 0.42%

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Source: U.S. Department of Labor, Form 5500 series, EIN 161590339 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.