Plan Ledger DOL Form 5500 · updated monthly

Transmedics, Inc.401(k)

TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN · ANDOVER, MA · plan year 2024

Reported admin expense ratio · 2024
0.32%

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

Transmedics, Inc. reported $79,061 in plan administrative expenses for 2024: 0.32% of average plan assets, above the peer median. Employer contributions averaged $4,549 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 0.14% to 0.32%. 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 962nd-largest of 2,726 plans among Massachusetts employers on file, and the 3,967th of 11,654 in professional & technical services. In 2024, employees put in $1.98 for every $1.00 the employer contributed; active participation has grown from 193 to 710 since 2022.

Plan summary
Net assets, end of year$31,879,214
Participants with balances803
Active participants710
Employer contributions$3,229,864
Employee contributions$6,384,510
Employer contribution per active participant$4,549
Average account balance$39,700
Benefits paid to participants$2,968,333
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$31.9M · 803 accts · $3.2M emplr
2023$17.9M · 379 accts · $1.4M emplr
2022$10.1M · 182 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$76,683
Total administrative$79,061
The Transmedics, Inc. 401(k) match · 2024
Employer contribution per active participant$4,549
Median for plans this size$2,416
2024$4,549 per active participant
2023$2,808 per active participant

Transmedics, Inc.'s 2024 employer contribution ran above the $2,416 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 · 20243
AEGIS RETIREMENT PARTNERS LLC · Other servicesindirect comp
CAMBRIDGE INVESTMENT RESEARCH INCindirect comp

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$79,061 · 0.32%
2023$38,601 · 0.28%
2022$14,805 · 0.14%
Same employer
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Infinidat, Inc. MA$32.9M · 0.05%
Mersana Therapeutics, Inc. MA$32.6M · 0.02%
Edelstein & Company, LLP MA$32.0M · 0.05%
Aware, Inc. MA$31.8M · 0.03%
McNamara/Salvia, Inc. MA$31.6M · 0.19%
Reify Health, Inc. MA$30.9M · 0.74%
Predictive Index, LLC MA$30.9M · 0.01%

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Source: U.S. Department of Labor, Form 5500 series, EIN 043432735 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.