Plan Ledger DOL Form 5500 · updated monthly

Procept Biorobotics Corporation401(k)

PROCEPT BIOROBOTICS CORPORATION 401(K) PLAN · SAN JOSE, CA · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Procept Biorobotics Corporation reported $103,822 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,068 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 has held roughly steady near 0.335%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 2,191st-largest of 9,483 plans among California employers on file, and the 3,378th of 11,654 in professional & technical services. In 2024, employees put in $3.63 for every $1.00 the employer contributed; active participation has grown from 412 to 736 since 2022.

Plan summary
Net assets, end of year$38,909,299
Participants with balances674
Active participants736
Employer contributions$2,258,357
Employee contributions$8,196,979
Employer contribution per active participant$3,068
Average account balance$57,729
Benefits paid to participants$1,814,580
Plan auditUnmodified (clean) audit opinion
AuditorGREEN HASSON JANKS, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$38.9M · 674 accts · $2.3M emplr
2023$23.1M · 507 accts · $1.6M emplr
2022$10.0M · 310 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$85,353
Investment management$18,469
Total administrative$103,822
The Procept Biorobotics Corporation 401(k) match · 2024
Employer contribution per active participant$3,068
Median for plans this size$2,416
2024$3,068 per active participant
2023$2,548 per active participant

Procept Biorobotics Corporation's 2024 employer contribution ran above the $2,416 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 · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$85,353
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$18,469

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$103,822 · 0.33%
2023$56,178 · 0.34%
2022$31,356 · 0.33%
Same employer
Similar plansProfessional & Technical Services · California
Egnyte, Inc. CA$39.5M · 0.04%
Logicmonitor, Inc. CA$39.5M · 0.44%
Stryder Corporation CA$39.4M · 0.24%
Sambanova Systems, Inc. CA$39.0M · 0.02%
Delphix Corp. CA$38.9M · 0.09%
Dokken Engineering CA$38.9M · 0.20%
Vector Resources, Inc. CA$38.8M · 0.27%
Wrns Studio CA$38.8M · 0.18%

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Source: U.S. Department of Labor, Form 5500 series, EIN 260199180 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.