Plan Ledger DOL Form 5500 · updated monthly

Silk Road Medical, Inc.401(k)

SILK ROAD MEDICAL, INC. 401(K) PLAN · SUNNYVALE, CA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Silk Road Medical, Inc. reported $59,229 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $7,258 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 2 years on file its reported administrative ratio fell from 0.123% to 0.116%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,557th-largest of 9,483 plans among California employers on file, and the 2,422nd of 11,654 in professional & technical services. In 2024, employees put in $2.90 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$58,665,429
Participants with balances560
Active participants396
Employer contributions$2,874,151
Employee contributions$8,330,586
Employer contribution per active participant$7,258
Average account balance$104,760
Benefits paid to participants$4,007,636
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$58.7M · 560 accts · $2.9M emplr
2023$43.7M · 548 accts · $2.2M emplr
2022$27.3M · 478 accts · $1.9M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$48,065
Investment management$11,164
Total administrative$59,229
The Silk Road Medical, Inc. 401(k) match · 2024
Employer contribution per active participant$7,258
Median for plans this size$3,635
2024$7,258 per active participant
2023$4,679 per active participant
2022$4,512 per active participant

Silk Road Medical, Inc.'s 2024 employer contribution ran above the $3,635 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 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$48,065
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$11,164

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$59,229 · 0.12%
2023$38,231 · 0.11%
2022$31,967 · 0.12%
Same employer
Similar plansProfessional & Technical Services · California
Ase (U.S.) Inc. CA$58.8M · 0.14%
Navan, Inc. CA$58.7M · 0.28%
Rincon Consultants, Inc. CA$58.7M · 0.07%
Telestream, LLC CA$58.7M · 0.05%
Jams, Inc. CA$58.3M · 0.08%
Mirati Therapeutics, Inc. CA$58.1M · 0.17%
Altos Labs, Inc. CA$57.2M · 0.10%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208777622 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.