Plan Ledger DOL Form 5500 · updated monthly

Pulmonx Corporation401(k)

PULMONX 401(K) PROFIT SHARING PLAN · REDWOOD CITY, CA · plan year 2025

Reported admin expense ratio · 2025
0.62%

Pulmonx Corporation reported $138,822 in plan administrative expenses for 2025: 0.62% of average plan assets, higher than ~90% of peers. 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 rose from 0.44% to 0.62%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,235th-largest of 9,483 plans among California employers on file, and the 5,333rd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$23,609,300
Participants with balances195
Active participants189
Employer contributions—
Employee contributions$2,742,849
Employer contribution per active participant—
Average account balance$121,073
Benefits paid to participants$3,365,642
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$23.6M · 195 accts
2024$21.0M · 196 accts
2023$17.4M · 189 accts
2022$12.9M · 165 accts
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$48,236
Investment management$90,586
Total administrative$138,822
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 · 20253
TRUIST INSURANCE HOLDINGS LLC · Investment advisory (plan)$71,727
EMPOWER ADVISORY GROUP, LLC · Investment management$18,859

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$138,822 · 0.62%
2024$87,905 · 0.46%
2023$69,439 · 0.46%
2022$56,792 · 0.44%
Same employer
Similar plansManufacturing · California
Summit Interconnect, Inc. CA$23.7M · 0.11%
Sifive, Inc. CA$23.6M · 0.21%
Labcon, North America CA$23.6M · 0.29%
Robinson Pharma Inc. CA$23.5M · 0.34%
Bogle Vineyards Inc CA$23.5M · 0.05%
Plasma Technology, Inc. CA$23.5M · 0.01%
Tecan Systems, Inc. CA$23.4M · 0.37%

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Source: U.S. Department of Labor, Form 5500 series, EIN 770424412 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.