Plan Ledger DOL Form 5500 · updated monthly

Conmed Corporation401(k)

CONMED CORPORATION RETIREMENT SAVINGS PLAN · LARGO, FL · plan year 2024

Reported admin expense ratio · 2024
0.08%

Peer grade: C+ · admin costs + employer contributions vs same-size plans · how grading works

Conmed Corporation reported $255,852 in plan administrative expenses for 2024: 0.08% of average plan assets, above the peer median. Employer contributions averaged $3,418 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio rose from 0.06% to 0.08%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other manufacturing employers. By assets it is the 111th-largest of 3,644 plans among Florida employers on file, and the 774th of 13,661 in manufacturing. In 2024, employees put in $2.13 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$341,778,747
Participants with balances3,919
Active participants2,181
Employer contributions$7,454,226
Employee contributions$15,899,051
Employer contribution per active participant$3,418
Average account balance$87,211
Benefits paid to participants$35,485,049
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$341.8M · 3,919 accts · $7.5M emplr
2023$312.9M · 3,862 accts · $7.8M emplr
2022$269.3M · 3,656 accts · $9.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$64,318
Investment management$113,059
Audit (IQPA)$30,600
Total administrative$255,852
The Conmed Corporation 401(k) match · 2024
Employer contribution per active participant$3,418
Median for plans this size$4,294
2024$3,418 per active participant
2023$3,748 per active participant
2022$4,820 per active participant

Conmed Corporation's 2024 employer contribution ran below the $4,294 median for plans its size. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20245
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$113,059
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$64,318
CREATIVE PLANNING · Consulting$42,000
INSERO & CO. CPAS, LLP · Accounting / audit$30,600
CULPEPPER RFP, LLC · Consulting$5,875

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Administrative cost history3
2024$255,852 · 0.08%
2023$259,815 · 0.09%
2022$169,780 · 0.06%
Same employer
Similar plansManufacturing · Florida
Gerdau Ameristeel US Inc. FL$746.1M · 0.10%
Cae USA, Inc. FL$655.8M · 0.11%
Primo Water Holdings Inc FL$371.6M · 0.15%
Masonite Corporation FL$324.4M · 0.13%
Chromalloy Corporation FL$324.4M · 0.17%
Bacardi U.S.A., Inc. FL$290.0M · 0.34%

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Source: U.S. Department of Labor, Form 5500 series, EIN 160977505 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.