Silicon Valley Medical Development, LLC 401(K) Plan — Form 5500 plan (Silicon Valley Medical Development, LLC)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Silicon Valley Medical Development, LLC 401(K) Plan is a benefit plan reported by Silicon Valley Medical Development, LLC under EIN 26-3021328 and plan number 001. The latest loaded filing year is 2023. The filing reports 430 participants and $5,285,190 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$5.3MPlan net assets, end of year$5,253,359
Participants430Covered participants reported
Assets / participant$12.3KComputed: assets ÷ participants$12,291 (computed)
Provider compensation$79K3 Schedule C provider row(s)$79,011
- Plan sponsor
- Silicon Valley Medical Development, LLC
- EIN
- 26-3021328
- Plan number
- 001
- Plan type
- 2
- Location
- Los Gatos, CA
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 430 | H, C | 20241015122121NAL0028397665001 |
Schedule H · 2023
Reported financial statement
Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.
Reported balance (end of year)$5.3M total assets
Net assets$5.3MLiabilities$31.8K
Full reported line items
Net assets
- Total assets (EOY)
- $5,285,190
- Total liabilities (EOY)
- $31,831
- Net assets (EOY)
- $5,253,359
- Net assets (BOY)
- $3,723,326
Income & contributions
- Employer contributions
- $280,962
- Participant contributions
- $739,423
- Total contributions
- $1,416,109
- Total income / additions
- $2,097,759
Expenses & distributions
- Benefits paid
- $488,315
- Administrative expenses
- $79,411
- Total expenses
- $567,726
- Net increase / (decrease)
- $1,530,033
Computed from reported fields
Reported ratios
Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.
28%72%
Employer 28%Participant 72%
Total expenses ÷ net assets11%Computed ratio
Benefits paid ÷ total income23%Computed ratio
Provider comp. ÷ net assets2%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Pcs Retirement, LLC | RECORDKEEPER | $30,065 | not reported in the loaded dataset | 2023 |
| Pensionone Advisors, Inc. | TPA | $28,636 | not reported in the loaded dataset | 2023 |
| Capital Performance Advisors, Llp | INVESTMENT MANAGER | $20,310 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Silicon Valley Medical Development, LLC
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in Los Gatos, CA
- Pcs Retirement, LLC — Schedule C compensation
- Pensionone Advisors, Inc. — Schedule C compensation
- Capital Performance Advisors, Llp — Schedule C compensation