Employers › Abiomed
Recordkeeping fees per participant · Abiomed Retirement Savings Plan · plan year 2024
$37.44
Higher than 28% of the 5,847 plans $50 to 250M that report it.
= $69,230 / 1,849
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250717130736NAL0000472080001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717130736NAL0000472080001, received 2025-07-17
Percentiles compare this plan with the Schedule H plans $50 to 250M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2024-01-01 to 2024-12-31, filing received 2025-07-17.
Administrative expenses excluding investment management, per participant
$79.99
Higher than 41% of the 8,758 plans $50 to 250M that report it.
= $147,909 / 1,849
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717130736NAL0000472080001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717130736NAL0000472080001, received 2025-07-17
Administrative expenses per participant
$96.22
Higher than 34% of the 9,042 plans $50 to 250M that report it.
= $177,909 / 1,849
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717130736NAL0000472080001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717130736NAL0000472080001, received 2025-07-17
Administrative expenses as a share of assets
0.084%
Higher than 32% of the 9,049 plans $50 to 250M that report it.
= $177,909 / $210,644,357
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717130736NAL0000472080001, received 2025-07-17
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250717130736NAL0000472080001, received 2025-07-17
Employer contributions per participant
$0
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / 1,849
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717130736NAL0000472080001, received 2025-07-17
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717130736NAL0000472080001, received 2025-07-17
Employer share of total contributions
0.0%
Fewer than 50 comparable plans report this figure; no percentile.
= $0 / $500,731
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717130736NAL0000472080001, received 2025-07-17
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250717130736NAL0000472080001, received 2025-07-17
Plan terms are described in Abiomed, Inc.'s SEC filings: Form 11-K filed 2022-06-16 and Form 10-K filed 2022-05-20. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3F · 3H controlled-group sponsor · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250717130736NAL0000472080001, received 2025-07-17
| Field | Value | Source |
|---|---|---|
| Plan sponsor | ABIOMED, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Plan name | ABIOMED RETIREMENT SAVINGS PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Sponsor EIN / plan number | 04-2743260 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Sponsor location | DANVERS, MA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Industry (business code) | 541700, Professional, scientific, and technical services | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Filing received | 2025-07-17 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Participants, beginning of year | 2,082 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Active participants | 1,554 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Participants, end of year | 1,952 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Participants with an account balance | 1,849 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total assets, beginning of year | $197,157,473 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total assets, end of year | $210,644,357 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Net assets, end of year | $210,644,357 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total income | $30,292,976 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Net income | $13,486,884 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Employer contributions | $0 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Participant contributions | $0 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Other contributions (incl. rollovers) | $500,731 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total contributions | $500,731 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Benefit payments | $16,591,371 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total expenses (incl. benefit payments) | $16,806,092 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Total administrative expenses | $177,909 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Recordkeeping fees | $69,230 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Investment advisory and management fees | $30,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Administrative expenses excluding investment management | $147,909 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Held in common/collective trusts | $118,253,539 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Held in mutual funds | $87,985,047 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250717130736NAL0000472080001, received 2025-07-17 |
| Independent auditor | CARON & BLETZER, PLLC | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250717130736NAL0000472080001, received 2025-07-17 |
Position = column in the DOL layout for form year 2024. Filing 20250717130736NAL0000472080001, received 2025-07-17.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONALrecordkeeper | RECORDKEEPER | 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees | $69,230 | yes |
| GLOBAL RETIREMENT PARTNERS LLC | ADVISOR | 27 Investment advisory (plan) | $30,000 | no |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20250717130736NAL0000472080001, received 2025-07-17.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $197,157,473 | $210,644,357 | 6.8% |
| Participants with a balance | 1,936 | 1,849 | -4.5% |
| Administrative expenses | $153,856 | $177,909 | 15.6% |
| Recordkeeping fees per participant | $33.66 | $37.44 | 11.2% |
| Employer contributions | $4,971,193 | $0 | -100.0% |
Prior filing 20240724094848NAL0008032195001, received 2024-07-24; the plan years are contiguous.
Sponsor name as filed: ABIOMED, INC.; SEC registrant: ABIOMED INC (CIK 815094, matched by EIN).