Plan Ledger DOL Form 5500 · updated monthly

Palomar Holdings, Inc401(k)

PALOMAR HOLDINGS, INC. 401(K) PLAN · LA JOLLA, CA · plan year 2025

Reported admin expense ratio · 2025
0.01%

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

Palomar Holdings, Inc reported $3,650 in plan administrative expenses for 2025: 0.01% of average plan assets, lower than ~75% of peers. Employer contributions averaged $4,575 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 0.04% to 0.01%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other management of companies employers. By assets it is the 2,551st-largest of 9,483 plans among California employers on file, and the 353rd of 786 in management of companies. In 2025, employees put in $1.90 for every $1.00 the employer contributed; active participation has grown from 191 to 437 since 2022.

Plan summary
Net assets, end of year$32,043,142
Participants with balances506
Active participants437
Employer contributions$1,999,280
Employee contributions$3,789,976
Employer contribution per active participant$4,575
Average account balance$63,326
Benefits paid to participants$340,483
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$32.0M · 506 accts · $2.0M emplr
2024$19.5M · 305 accts · $1.1M emplr
2023$14.8M · 274 accts · $888K emplr
2022$9.1M · 221 accts · $697K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$3,650
Total administrative$3,650
The Palomar Holdings, Inc 401(k) match · 2025
Employer contribution per active participant$4,575
Median for plans this size$2,666
2025$4,575 per active participant
2024$4,220 per active participant
2023$4,055 per active participant
2022$3,649 per active participant

Palomar Holdings, Inc's 2025 employer contribution ran above the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20251
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$3,650

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

Recordkeeper by year3
2025Vanguard
2024Vanguard
2023Vanguard

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Administrative cost history4
2025$3,650 · 0.01%
2024$4,350 · 0.03%
2023$2,775 · 0.02%
2022$3,485 · 0.04%
Same employer
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Tcmi, Inc. CA$53.8M · 0.01%
Sega of America, Inc. CA$39.3M · 0.14%
Pantheon Ventures (US) LP CA$38.1M · 0.06%
Jam City CA$30.0M · 0.05%
Sma America Holdings, LLC. CA$27.2M · 0.54%
Shapco Inc. CA$26.4M · 0.30%
Atb Administration LLC CA$23.7M · 0.23%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833972551 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.