Retirement plan

TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN

Name: TRANSMEDICS, INC. - TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN (2020) Form 5500
Creator: TRANSMEDICS, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN, TRANSMEDICS, INC.

TRANSMEDICS, INC.EIN 04-3432735Plan #001PY 2020

200 MINUTEMAN ROAD, SUITE 302 - ANDOVER, MA 01810978-552-0900transmedics.comLinkedIn501-1000 employeesmedical devices

Prospect flagsLow participation

How to read this page

Total assets (EOY)

$8.4M

+25.2% from 2019

Total participants

136

0.0% from 2019

Average account balance

$88,566

+25.2% from 2019

Annual return

27.52%

-1.51 pp from 2019

Benchmarks

See 5,591 peers

Peer group

Industry54 - Professional, Scientific, and Technical Services

Plan typeDefined contribution

Participants100-249

Cohort5,591 peers

Snapshot2020

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$31.88M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$40K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

803

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

95.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.61M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$14K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+41.31%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$98

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 6 by compensation

Provider	Service type	Compensation
THE ANGELL PENSION GROUP, INC.1 year Filed as: THE ANGELL PENSION GROUP, INC Service code 13	Contract Administrator	$3,259
ENVESTNET RETIREMENT SOLUTIONS, LLC1 year Service code 27 · EIN 61-1732930	Advisory (Plan)	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASS MUTUAL RETIREMENT SERVICES LLC Service code 15	Recordkeeping	$0
MASSACHUSETTS MUTUAL LIFE INS. CO.1 year Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907	Recordkeeping	$0
THE ANGELL PENSION GROUP, INC.1 year Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914	Contract Administrator	$0
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS INS AGENCY LLC Service code 71 · EIN 54-0910269	Brokerage Fees	$0

Plan features & details

Pension benefit codes2E2F2G2J3D

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.

Opportunity flags

1 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.

Expense breakdown

Schedule H Part II

Admin total

$6K

$62 / participant

Other / not subdivided$6K100.0%

% of EOY assets

0.074%

all-in expense ratio

Categories reported

0 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: CARON & BLETZER, PLLC
Auditor EIN: 043499945
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$88,566

$99,957-11.4%

$149,730-40.8%

$73,493+20.5%

Participation rate

59.4%

75.7%-16.3pp

82.5%-23.1pp

70.7%-11.3pp

Annual return

27.52%

53.87%-26.4pp

276.70%-249.2pp

28.51%-1.0pp

Employer contribution / active EE

$3,191-100.0%

$4,645-100.0%

$2,270-100.0%

Participant deferral / active EE

$9,437

$6,073+55.4%

$6,843+37.9%

$3,740+152.4%

Admin fee / account holder

$65

$551-88.1%

$9,310-99.3%

$513-87.2%

Provider

Service type

Compensation

THE ANGELL PENSION GROUP, INC.1 year

Filed as: THE ANGELL PENSION GROUP, INC

Service code 13

Contract Administrator

$3,259

ENVESTNET RETIREMENT SOLUTIONS, LLC1 year

Service code 27 · EIN 61-1732930

Advisory (Plan)

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASS MUTUAL RETIREMENT SERVICES LLC

Service code 15

Recordkeeping

MASSACHUSETTS MUTUAL LIFE INS. CO.1 year

Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC

Service code 15 · EIN 26-1589907

Recordkeeping

THE ANGELL PENSION GROUP, INC.1 year

Service code 13

88 BOYD AVENUE · EAST PROVIDENCE, RI 02914

Contract Administrator

WELLS FARGO BANK, N.A.1 year

Filed as: WELLS FARGO ADVISORS INS AGENCY LLC

Service code 71 · EIN 54-0910269

Brokerage Fees

TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

TRANSMEDICS, INC. 401(K) PROFIT SHARING PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion