401k Record

Employers › Silk Road Medical

Silk Road Medical 401(k)

Recordkeeping fees per participant · Silk Road Medical, Inc. 401(k) Plan · plan year 2024

$85.83

Higher than 63% of the 5,847 plans $50 to 250M that report it.

Source

= $48,065 / 560
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008123528NAL0003002307001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123528NAL0003002307001, received 2025-10-08

10th: $10.22median $69.9190th: $151.08

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 2025-10-08.

Cost and contributions

Administrative expenses excluding investment management, per participant

$85.83

10th: $16.21median $93.2090th: $246.84

Higher than 45% of the 8,758 plans $50 to 250M that report it.

Source

= $48,065 / 560
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008123528NAL0003002307001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123528NAL0003002307001, received 2025-10-08

Administrative expenses per participant

$105.77

10th: $29.39median $132.8490th: $350.58

Higher than 39% of the 9,042 plans $50 to 250M that report it.

Source

= $59,229 / 560
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123528NAL0003002307001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123528NAL0003002307001, received 2025-10-08

Administrative expenses as a share of assets

0.101%

10th: 0.022%median 0.136%90th: 0.326%

Higher than 38% of the 9,049 plans $50 to 250M that report it.

Source

= $59,229 / $58,665,429
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123528NAL0003002307001, received 2025-10-08
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008123528NAL0003002307001, received 2025-10-08

Employer contributions per participant

$5,132

10th: $965median $2,73890th: $8,164

Higher than 78% of the 9,105 plans $50 to 250M that report it.

Source

= $2,874,151 / 560
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123528NAL0003002307001, received 2025-10-08
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123528NAL0003002307001, received 2025-10-08

Employer share of total contributions

23.5%

10th: 15.6%median 29.5%90th: 50.6%

Higher than 30% of the 9,112 plans $50 to 250M that report it.

Source

= $2,874,151 / $12,222,487
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123528NAL0003002307001, received 2025-10-08
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008123528NAL0003002307001, received 2025-10-08

Plan terms, as stated in Silk Road Medical, Inc.'s SEC filings

Plan terms are described in Silk Road Medical, Inc.'s SEC filings: Form 10-K filed 2024-02-28. No term could be quoted from them with the required precision.

Plan features

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) · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20251008123528NAL0003002307001, received 2025-10-08

Full record, Silk Road Medical, Inc. 401(k) Plan

FieldValueSource
Plan sponsorSILK ROAD MEDICAL, INC.Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20251008123528NAL0003002307001, received 2025-10-08
Plan nameSILK ROAD MEDICAL, INC. 401(K) PLANForm 5500, line 1a; PLAN_NAME pos 16; filing 20251008123528NAL0003002307001, received 2025-10-08
Sponsor EIN / plan number20-8777622 / 001Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20251008123528NAL0003002307001, received 2025-10-08
Plan typesingle-employerForm 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20251008123528NAL0003002307001, received 2025-10-08
Sponsor locationSUNNYVALE, CAForm 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20251008123528NAL0003002307001, received 2025-10-08
Industry (business code)541990, Professional, scientific, and technical servicesForm 5500, line 2d; BUSINESS_CODE pos 46; filing 20251008123528NAL0003002307001, received 2025-10-08
Plan year2024-01-01 to 2024-12-31Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20251008123528NAL0003002307001, received 2025-10-08
Filing received2025-10-08Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20251008123528NAL0003002307001, received 2025-10-08
Final filingnoForm 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20251008123528NAL0003002307001, received 2025-10-08
Amended filingnoForm 5500, Part I line B; AMENDED_IND pos 7; filing 20251008123528NAL0003002307001, received 2025-10-08
Participants, beginning of year559Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20251008123528NAL0003002307001, received 2025-10-08
Active participants396Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20251008123528NAL0003002307001, received 2025-10-08
Participants, end of year564Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20251008123528NAL0003002307001, received 2025-10-08
Participants with an account balance560Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20251008123528NAL0003002307001, received 2025-10-08
Total assets, beginning of year$43,668,081Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20251008123528NAL0003002307001, received 2025-10-08
Total assets, end of year$58,665,429Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20251008123528NAL0003002307001, received 2025-10-08
Net assets, end of year$58,665,429Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20251008123528NAL0003002307001, received 2025-10-08
Total income$19,069,364Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20251008123528NAL0003002307001, received 2025-10-08
Net income$14,997,348Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20251008123528NAL0003002307001, received 2025-10-08
Employer contributions$2,874,151Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20251008123528NAL0003002307001, received 2025-10-08
Participant contributions$8,330,586Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20251008123528NAL0003002307001, received 2025-10-08
Other contributions (incl. rollovers)$1,017,750Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20251008123528NAL0003002307001, received 2025-10-08
Total contributions$12,222,487Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20251008123528NAL0003002307001, received 2025-10-08
Benefit payments$4,007,636Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20251008123528NAL0003002307001, received 2025-10-08
Total expenses (incl. benefit payments)$4,072,016Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20251008123528NAL0003002307001, received 2025-10-08
Total administrative expenses$59,229Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20251008123528NAL0003002307001, received 2025-10-08
Contract administrator fees$0Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20251008123528NAL0003002307001, received 2025-10-08
Recordkeeping fees$48,065Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20251008123528NAL0003002307001, received 2025-10-08
IQPA audit fees$0Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20251008123528NAL0003002307001, received 2025-10-08
Investment advisory and management fees$11,164Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20251008123528NAL0003002307001, received 2025-10-08
Administrative expenses excluding investment management$48,065derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20251008123528NAL0003002307001, received 2025-10-08
Held in master trusts$0Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20251008123528NAL0003002307001, received 2025-10-08
Held in common/collective trusts$297,784Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20251008123528NAL0003002307001, received 2025-10-08
Held in mutual funds$57,335,824Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20251008123528NAL0003002307001, received 2025-10-08
Independent auditorBAKER TILLY US, LLPSchedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20251008123528NAL0003002307001, received 2025-10-08

Position = column in the DOL layout for form year 2024. Filing 20251008123528NAL0003002307001, received 2025-10-08.

Service providers paid directly by the plan

ProviderRelationshipService codesDirect compensationIndirect
FIDELITY INVESTMENTS INSTITUTIONALrecordkeeperRECORDKEEPER 37 Participant loan processing; 60 Sub-transfer agency fees; 64 Recordkeeping fees; 65 Account maintenance fees $48,065yes
STRATEGIC ADVISORS, INC.ADVISOR 27 Investment advisory (plan) $11,164no

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 20251008123528NAL0003002307001, received 2025-10-08.

What changed since the 2023 plan year

Figure20232024Change
Total assets$43,668,081$58,665,42934.3%
Participants with a balance5485602.2%
Administrative expenses$38,231$59,22954.9%
Recordkeeping fees per participant$58.77$85.8346.1%
Employer contributions$2,213,306$2,874,15129.9%

Prior filing 20240822155236NAL0011342354001, received 2024-08-22; the plan years are contiguous.

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Sponsor name as filed: SILK ROAD MEDICAL, INC.; SEC registrant: Silk Road Medical Inc (CIK 1397702, matched by EIN; display name from the Form 10-K cover).