Plan Snapshot
- Plan Sponsor: Pulmonx Corporation
- Sponsor EIN: 770424412
- Sponsor Address: 700 CHESAPEAKE DR., REDWOOD CITY, CA, 94063
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 228
- Total Assets: $23.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 228 | $23.6M | $0 | $0 |
| 2024 | 229 | $21.0M | $0 | $2.7M |
| 2023 | 214 | $17.4M | $0 | $2.4M |
| 2022 | 202 | $12.9M | $0 | $2.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| TRUIST INSURANCE HOLDINGS LLC | Investment Advisor | $71,727 | — | $71,727 |
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $48,236 | — | $48,236 |
| EMPOWER ADVISORY GROUP, LLC | Investment Advisor | $18,859 | — | $18,859 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $138,822
- Estimated Expense Ratio: 0.588% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $3,521,441 | $90,586 | — | — | — |
| 2024 | $87,905 | $21,941 | — | — | — |
| 2023 | $69,439 | $9,313 | — | — | — |
| 2022 | $56,792 | $5,435 | $51,357 | — | — |