Department of Labor filing

FIRSTHAND HEALTH, INC.

FIRSTHAND HEALTH 401(K) PLAN. · For the plan year ended Dec 31, 2024

Public filing 2024 · received Dec 22, 2025Verified current terms Not available

Plan at a glance

How good does the filing look?

64filing comparison
out of 100

The filing looks somewhat better than typical peers on the measures we can compare. This is a filing comparison, not a complete benefits score.

$Employer support

$1,778

Reported employer contributions per active participant.

Higher than about 77% of comparable plans

#People in the filing

355

Active participants reported for 2024.

The filing does not say how many employees are currently contributing.

¢Visible plan-paid fees

$56 / participant

Reported administrative expense—not every fee an employee may pay.

Lower cost than about 32% of comparable plans

↗Investment performance

Not available

Plan assets changed 111.4%, but that includes contributions, withdrawals, and market movement.

Asset change is not investment performance.

What we still need to judge the benefit

Current match formula, vesting, eligibility, investment choices, fund expense ratios, and employee-level fees.

See missing terms ↓

Filing comparison · 202464out of 100 among similar-size plans in the same industry when enough peers exist

How this filing compares

Reported employer contributions77th percentileTypical peer $1,061 · based on 31 comparable plans

Lower reported administrative expense32nd percentileTypical peer $10 · based on 31 comparable plans

This comparison uses historical filing figures. It does not compare current match formulas, vesting, investments, or employee fees.

The short version

What the latest filing tells us

For the plan year ended Dec 31, 2024, FIRSTHAND HEALTH, INC. reported $631,274 in employer contributions across the plan and 355 active participants. That works out to $1,778 per active participant. It is useful context, but it is not the current match formula and it does not show what any one employee received.

Participation proxy93%

Active participants divided by all end-of-year plan participants. This is not the company participation rate because the filing does not report every eligible employee.

Employer money trendUp 26.3%

Change in reported employer contribution per active participant across the filing history shown.

Expense trendDown 10.2%

Change in reported administrative expense per participant. Investment expenses may not be included.

Peer context64/100

A filing comparison among similar-size plans in the same industry when enough peers exist.

Where the public filing stops

Current match, vesting, eligibility, employee fees, and investment choices require a dated plan document. Until we have one, those details stay blank.

Latest financial record

Contributions, assets, and expenses

These figures are reported totals for the plan—not individual account balances or promises to any employee.

Employer contributions: $631,274
Participant contributions: $1,265,714
Other contributions: $753,644
Employer share of reported contributions: 33.3%
Beginning assets: $2,347,379
Ending assets: $4,963,032
Ending net assets: $4,963,032
Ending liabilities: $0
Total income: $3,073,552
Total expenses: $457,899
Administrative expenses: $16,736
Participant loans: $65,647

Three-year filing history

How the reported figures changed

Each chart uses its own scale and starts at zero. When the filing has no value, the chart says so rather than turning it into a zero.

Employer contributions reported per active participant

2023

$1,408

2024

$1,778

Plan-paid administrative expenses per participant

2023

$63

2024

$56

Active participants

2023

298

2024

355

Detailed filing history
Plan year	Per active participant	Active participants	Plan assets	Filing ID
2024	$1,778	355	5M	20251222145342NAL0009811681001
2023	$1,408	298	2.3M	20240918100242NAL0001634931001

Changes in plan assets are not the same as investment performance. Each row uses the selected public filing for that year.

Plan operations

Details worth knowing

Participant loans as a share of plan assets: 1.3%
Independent accountant’s opinion: Unqualified opinion Code 1
Late participant contributions reported: Not stated in the filing
Public plan identifier: 872609282-001

Reported plan details

Identity and filing status

Plan type: Retirement plan
Employer arrangement: Single-employer plan
Plan effective date: Jan 1, 2023
Industry: Industry not reported
Amended filing: Yes
Final filing for this plan: No
Short plan year: No
401(k) feature reported: Yes
Show DOL characteristic codes
2E2F2G2J2K2T3D3H

Reported service providers

Organizations named in the latest filing

The public dataset does not always identify a provider’s exact role. Compensation stays blank when it was not separately reported.

Provider	Plan year	Direct compensation	Indirect compensation
ALLIANZ GLOBAL INVESTORS DISTRIBUTO	2023	Not reported	unknown
AMERICAN FUNDS DISTRIBUTORS, INC.	2023	Not reported	unknown
BLACKROCK INVESTMENTS, INC.	2023	Not reported	unknown
CALVERT DISTRIBUTORS, INC.	2023	Not reported	unknown
DIMENSIONAL FUND ADVISORS	2023	Not reported	unknown
DWS DISTRIBUTORS, INC.	2023	Not reported	unknown
FIDELITY DISTRIBUTORS CORP.	2023	Not reported	unknown
INVESCO	2023	Not reported	unknown
J.P. MORGAN INVESTMENT MANAGEMENT	2023	Not reported	unknown
MBSC SECURITIES CORPORATION, DISTRI	2023	Not reported	unknown
MFS FUND DISTRIBUTORS, INC.	2023	Not reported	unknown
PRINCIPAL FUNDS DISTRIBUTOR, INC.	2023	Not reported	unknown
T. ROWE PRICE	2023	Not reported	unknown
VANGUARD	2023	Not reported	unknown

Current plan terms

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Filing ACK_ID20251222145342NAL0009811681001

Data sourceDOL Form 5500 bulk data ↗

Filing searchEFAST2 ↗