Plan Ledger DOL Form 5500 · updated monthly

Nuvasive, Inc.401(k)

NUVASIVE, INC. 401K PLAN · SAN DIEGO, CA · plan year 2023

Reported admin expense ratio · 2023
0.18%

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

Nuvasive, Inc. reported $398,396 in plan administrative expenses for 2023: 0.18% of average plan assets, above the peer median. Employer contributions averaged $3,830 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 1 year on file its reported administrative ratio rose from 0.16% to 0.18%. The plan sits in the $50M–$250M size bracket, benchmarked here against 9,317 comparable plans and shown alongside other manufacturing employers. By assets it is the 475th-largest of 9,483 plans among California employers on file, and the 987th of 13,661 in manufacturing. In 2023, employees put in $2.39 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$252,840,881
Participants with balances3,399
Active participants2,394
Employer contributions$9,168,412
Employee contributions$21,904,656
Employer contribution per active participant$3,830
Average account balance$74,387
Benefits paid to participants$19,141,704
Plan auditUnmodified (clean) audit opinion
AuditorHUTCHINSON & BLOODGOOD, LLP
Plan history3
Yearassets · accounts · employer contribution
2024$0 · $7.7M emplr
2023$252.8M · 3,399 accts · $9.2M emplr
2022$198.6M · 3,454 accts · $8.5M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$244,876
Investment management$63,370
Total administrative$398,396
The Nuvasive, Inc. 401(k) match · 2023
Employer contribution per active participant$3,830
Median for plans this size$3,659
2023$3,830 per active participant
2022$3,482 per active participant

Nuvasive, Inc.'s 2023 employer contribution ran above the $3,659 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
MORNINGSTAR INVESTMENT MANAGEMENT · Investment advisory (participants)$364,778
VOYA RETIREMENT INSURANCE & ANNUITY · Investment advisory (participants)$33,618

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

Administrative cost history3
2024Not separately reported
2023$398,396 · 0.18%
2022$334,300 · 0.16%
Same employer
Similar plansManufacturing · California
Calix, Inc. CA$256.5M · 0.07%
Headway Technologies, Inc. CA$255.8M · 0.01%
Calportland Company CA$254.9M · 0.03%
Penumbra, Inc. CA$246.2M · 0.30%
Hilmar Cheese Company CA$236.9M · 0.07%
Safran Cabin Inc. CA$235.3M · 0.14%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330768598 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.