Employers › Visby Medical
Recordkeeping fees per participant · Visby Medical, Inc. 401(k) P/S Plan · plan year 2024
$133.85
Higher than 72% of the 14,075 plans $10 to 50M that report it.
= $40,823 / 305
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250721154012NAL0002174048001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721154012NAL0002174048001, received 2025-07-21
Percentiles compare this plan with the Schedule H plans $10 to 50M 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 2025-07-21.
Administrative expenses excluding investment management, per participant
$133.85
Higher than 55% of the 24,371 plans $10 to 50M that report it.
= $40,823 / 305
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250721154012NAL0002174048001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721154012NAL0002174048001, received 2025-07-21
Administrative expenses per participant
$133.85
Higher than 35% of the 25,098 plans $10 to 50M that report it.
= $40,823 / 305
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721154012NAL0002174048001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721154012NAL0002174048001, received 2025-07-21
Administrative expenses as a share of assets
0.267%
Higher than 46% of the 25,132 plans $10 to 50M that report it.
= $40,823 / $15,315,819
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721154012NAL0002174048001, received 2025-07-21
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250721154012NAL0002174048001, received 2025-07-21
Employer contributions per participant
$2,226
Higher than 55% of the 24,050 plans $10 to 50M that report it.
= $678,978 / 305
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721154012NAL0002174048001, received 2025-07-21
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721154012NAL0002174048001, received 2025-07-21
Employer share of total contributions
22.3%
Higher than 31% of the 24,084 plans $10 to 50M that report it.
= $678,978 / $3,049,587
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721154012NAL0002174048001, received 2025-07-21
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250721154012NAL0002174048001, received 2025-07-21
Plan terms are not published in public filings.
2F ERISA 404(c) plan · 2E profit-sharing · 2T default investment (QDIA) · 3F · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 3D IRS pre-approved plan · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20250721154012NAL0002174048001, received 2025-07-21
| Field | Value | Source |
|---|---|---|
| Plan sponsor | VISBY MEDICAL, INC. | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Plan name | VISBY MEDICAL, INC. 401(K) P/S PLAN | Form 5500, line 1a; PLAN_NAME pos 16; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Sponsor EIN / plan number | 46-1420216 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Sponsor location | SAN JOSE, CA | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Industry (business code) | 621900, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Plan year | 2024-01-01 to 2024-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Filing received | 2025-07-21 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Participants, beginning of year | 333 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Active participants | 169 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Participants, end of year | 312 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Participants with an account balance | 305 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total assets, beginning of year | $12,697,758 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total assets, end of year | $15,315,819 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Net assets, end of year | $15,315,819 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total income | $4,915,612 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Net income | $2,618,061 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Employer contributions | $678,978 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Participant contributions | $2,177,551 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Other contributions (incl. rollovers) | $193,058 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total contributions | $3,049,587 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Benefit payments | $2,252,458 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total expenses (incl. benefit payments) | $2,297,551 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Total administrative expenses | $40,823 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Contract administrator fees | $0 | Schedule H, line 2i(2); CONTRACT_ADMIN_FEES_AMT pos 106; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Recordkeeping fees | $40,823 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| IQPA audit fees | $0 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Investment advisory and management fees | $0 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Administrative expenses excluding investment management | $40,823 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Held in master trusts | $0 | Schedule H, line 1c(11) col (b); INT_MASTER_TR_EOY_AMT pos 53; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Held in common/collective trusts | $0 | Schedule H, line 1c(9) col (b); INT_COMMON_TR_EOY_AMT pos 51; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Held in mutual funds | $14,662,410 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20250721154012NAL0002174048001, received 2025-07-21 |
| Independent auditor | SWEENY CONRAD, P.S. | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20250721154012NAL0002174048001, received 2025-07-21 |
Position = column in the DOL layout for form year 2024. Filing 20250721154012NAL0002174048001, received 2025-07-21.
| 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 | $40,823 | yes |
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 20250721154012NAL0002174048001, received 2025-07-21.
| Figure | 2023 | 2024 | Change |
|---|---|---|---|
| Total assets | $12,697,758 | $15,315,819 | 20.6% |
| Participants with a balance | 323 | 305 | -5.6% |
| Administrative expenses | $44,848 | $40,823 | -9.0% |
| Recordkeeping fees per participant | $138.85 | $133.85 | -3.6% |
| Employer contributions | $689,058 | $678,978 | -1.5% |
Prior filing 20240709095715NAL0013376689001, received 2024-07-09; the plan years are contiguous.
Sponsor name as filed: VISBY MEDICAL, INC.; SEC registrant: Visby Medical, Inc. (CIK 1657186, matched by EIN).