Plan Ledger DOL Form 5500 · updated monthly

Seaspine Holdings Corporation401(k)

SEASPINE HOLDINGS CORPORATION 401(K) TRUST · CARLSBAD, CA · plan year 2023

Reported admin expense ratio · 2023
0.24%

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

Seaspine Holdings Corporation reported $93,617 in plan administrative expenses for 2023: 0.24% of average plan assets, below the peer median. Employer contributions averaged $2,337 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 has held roughly steady near 0.241%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 2,016th-largest of 9,483 plans among California employers on file, and the 2,113th of 11,911 in health care & social assistance. In 2023, employees put in $3.68 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$42,865,441
Participants with balances645
Active participants500
Employer contributions$1,168,466
Employee contributions$4,302,399
Employer contribution per active participant$2,337
Average account balance$66,458
Benefits paid to participants$4,935,964
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$42.9M · 645 accts · $1.2M emplr
2022$34.8M · 507 accts · $1.3M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$41,403
Investment management$52,214
Total administrative$93,617
The Seaspine Holdings Corporation 401(k) match · 2023
Employer contribution per active participant$2,337
Median for plans this size$2,440
2023$2,337 per active participant
2022$3,420 per active participant

Seaspine Holdings Corporation's 2023 employer contribution ran below the $2,440 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
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$47,867
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$41,403

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

Administrative cost history2
2023$93,617 · 0.24%
2022$86,558 · 0.24%
Same employer
Similar plansHealth Care & Social Assistance · California
Tbh Management, LLC CA$43.2M · 0.28%
Chinese Hospital CA$43.0M · 0.01%
Western Health Advantage CA$42.2M · 0.02%
Vista Community Clinic CA$41.9M · 0.19%
American Health Care CA$41.2M · 0.43%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 473251758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.