Plan Ledger DOL Form 5500 · updated monthly

Pulse Biosciences, Inc401(k)

PULSE BIOSCIENCES RETIREMENT TRUST · HAYWARD, CA · plan year 2023

Reported admin expense ratio · 2023
0.13%

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

Pulse Biosciences, Inc reported $9,157 in plan administrative expenses for 2023: 0.13% of average plan assets, lower than ~75% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio fell from 0.21% to 0.13%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (6,098th of 9,483), and 9,802nd of 13,661 in manufacturing.

Plan summary
Net assets, end of year$7,723,168
Participants with balances99
Active participants55
Employer contributions$0
Employee contributions$935,886
Employer contribution per active participant$0
Average account balance$78,012
Benefits paid to participants$483,141
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$7.7M · 99 accts
2022$6.4M · 111 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$1,012
Investment management$8,145
Total administrative$9,157
The Pulse Biosciences, Inc 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Pulse Biosciences, Inc's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
EMPOWER ADVISORY GROUP, LLC · Investment management$8,145

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

Administrative cost history2
2023$9,157 · 0.13%
2022$13,930 · 0.21%
Similar plansManufacturing · California
Paul Hobbs Winery, LP CA$7.8M · 0.61%
Dr. Squatch, Inc. CA$7.8M · 0.10%
Tropicale Foods LLC CA$7.7M · 0.93%
Evofem, Inc. CA$7.7M · 0.09%
Pax Labs, Inc CA$7.7M · 0.06%
Remo Inc CA$7.6M · 0.40%
Epc Power Corp. CA$7.6M · 0.65%

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Source: U.S. Department of Labor, Form 5500 series, EIN 465696597 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.