Plan Ledger DOL Form 5500 · updated monthly

Surgalign Technologies, Inc401(k)

SECTION 401(K) PLAN FOR EMPLOYEES OF SURGALIGN SPINE TECHNOLOGIES, INC. · DEERFIELD, IL · plan year 2022

Reported admin expense ratio · 2022
0.30%

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

Surgalign Technologies, Inc reported $90,190 in plan administrative expenses for 2022: 0.30% of average plan assets, above the peer median. Employer contributions averaged $7,742 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 0.30% to 0.40%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,806 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 1,413th-largest of 3,702 plans among Illinois employers on file, and the 2,982nd of 11,911 in health care & social assistance. In 2022, employees put in $1.78 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$27,107,480
Participants with balances435
Active participants154
Employer contributions$1,192,331
Employee contributions$2,119,223
Employer contribution per active participant$7,742
Average account balance$62,316
Benefits paid to participants$4,416,123
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$22.9M · 319 accts · $494K emplr
2022$27.1M · 435 accts · $1.2M emplr
Administrative expenses, itemized · 2022
Investment management$33,750
Professional / advisory$56,440
Total administrative$90,190
The Surgalign Technologies, Inc 401(k) match · 2022
Employer contribution per active participant$7,742
Median for plans this size$2,266
2023$17,048 per active participant
2022$7,742 per active participant

Surgalign Technologies, Inc's 2022 employer contribution ran above the $2,266 median for plans its size, placing it in the top quarter of its peers. 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 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$99,294 · 0.40%
2022$90,190 · 0.30%
Same employer
Similar plansHealth Care & Social Assistance · Illinois
Gateway Foundation, Inc. IL$26.5M · 0.25%

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Source: U.S. Department of Labor, Form 5500 series, EIN 593466543 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.