Plan Ledger DOL Form 5500 · updated monthly

Exactech, Inc.401(k)

EXACTECH, INC. 401(K) PROFIT SHARING PLAN · GAINESVILLE, FL · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Exactech, Inc. reported $151,119 in plan administrative expenses for 2024: 0.23% of average plan assets, above the peer median. Employer contributions averaged $4,558 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 3 years on file its reported administrative ratio has held roughly steady near 0.228%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other manufacturing employers. By assets it is the 427th-largest of 3,644 plans among Florida employers on file, and the 2,469th of 13,661 in manufacturing. In 2024, employees put in $1.57 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$70,007,306
Participants with balances654
Active participants557
Employer contributions$2,538,572
Employee contributions$3,991,441
Employer contribution per active participant$4,558
Average account balance$107,045
Benefits paid to participants$8,652,796
Plan auditUnmodified (clean) audit opinion
AuditorASSURANCE DIMENSION
Plan history3
Yearassets · accounts · employer contribution
2024$70.0M · 654 accts · $2.5M emplr
2023$62.8M · 644 accts · $2.5M emplr
2022$52.5M · 579 accts · $2.0M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$142,119
Audit (IQPA)$9,000
Total administrative$151,119
The Exactech, Inc. 401(k) match · 2024
Employer contribution per active participant$4,558
Median for plans this size$3,635
2024$4,558 per active participant
2023$4,069 per active participant
2022$3,379 per active participant

Exactech, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20242
MERRILL LYNCH, PIERCE, FENNER AND S · Recordkeeping$142,119
ASSURANCE DIMENSIONS, LLC · Accounting / audit$9,000

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

Recordkeeper by year2
2024Bank of America / Merrill
2023Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$151,119 · 0.23%
2023$137,017 · 0.24%
2022$132,860 · 0.23%
Same employer
Similar plansManufacturing · Florida
Mac Papers, LLC FL$71.8M · 0.55%
Redwire Holdings, LLC FL$65.4M · 0.03%
Noven Pharmaceuticals, Inc. FL$61.8M · 0.13%
Trividia Health, Inc. FL$59.4M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 592603930 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.