Plan Ledger DOL Form 5500 · updated monthly

Tandem Diabetes Care, Inc.401(k)

TANDEM DIABETES CARE, INC. 401(K) PLAN · SAN DIEGO, CA · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Tandem Diabetes Care, Inc. reported $336,866 in plan administrative expenses for 2024: 0.28% of average plan assets, higher than ~75% of peers. Employer contributions averaged $1,766 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 rose from 0.24% to 0.28%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 775th-largest of 9,483 plans among California employers on file, and the 1,524th of 13,661 in manufacturing. In 2024, employees put in $4.29 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$136,034,068
Participants with balances2,715
Active participants2,516
Employer contributions$4,443,170
Employee contributions$19,075,770
Employer contribution per active participant$1,766
Average account balance$50,105
Benefits paid to participants$9,871,837
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$136.0M · 2,715 accts · $4.4M emplr
2023$101.7M · 2,514 accts · $4.2M emplr
2022$68.2M · 2,498 accts · $4.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$216,120
Investment management$120,746
Total administrative$336,866
The Tandem Diabetes Care, Inc. 401(k) match · 2024
Employer contribution per active participant$1,766
Median for plans this size$3,635
2024$1,766 per active participant
2023$1,797 per active participant
2022$1,602 per active participant

Tandem Diabetes Care, Inc.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$216,120
MMA SECURITIES · Investment advisory (plan)$111,246
JGD & ASSOCIATES LLP · Accounting / audit$9,500

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$336,866 · 0.28%
2023$215,204 · 0.25%
2022$154,035 · 0.24%
Same employer
Similar plansManufacturing · California
Semtech Corporation CA$139.5M · 0.05%
Ushio America, Inc. CA$137.9M · 0.10%
Belkin International, Inc. CA$137.0M · 0.12%
Alps Alpine CA$136.2M
Emcore Corporation CA$135.8M · 0.12%
The Wine Group, Inc. CA$135.6M · 0.23%
New-Indy Containerboard, LLC CA$135.6M · 0.15%
Nevro Corp. CA$133.1M · 0.08%

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Source: U.S. Department of Labor, Form 5500 series, EIN 204327508 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.