Plan Ledger DOL Form 5500 · updated monthly

Surgical Care Affiliates, LLC401(k)

SURGICAL CARE AFFILIATES, LLC RETIREMENT INVESTMENT PLAN · MINNETONKA, MN · plan year 2024

Reported admin expense ratio · 2024
0.05%

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

Surgical Care Affiliates, LLC reported $314,626 in plan administrative expenses for 2024: 0.05% of average plan assets, below the peer median. Employer contributions averaged $2,363 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 fell from 0.07% to 0.05%. The plan sits in the $250M–$1B size bracket, benchmarked here against 2,883 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 66th-largest of 1,918 plans among Minnesota employers on file, and the 259th of 11,911 in health care & social assistance. In 2024, employees put in $2.16 for every $1.00 the employer contributed; active participation has grown from 11,700 to 13,426 since 2022.

Plan summary
Net assets, end of year$712,778,165
Participants with balances16,942
Active participants13,426
Employer contributions$31,731,796
Employee contributions$68,656,484
Employer contribution per active participant$2,363
Average account balance$42,072
Benefits paid to participants$67,022,695
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$712.8M · 16,942 accts · $31.7M emplr
2023$582.2M · 15,303 accts · $23.7M emplr
2022$451.8M · 13,660 accts · $20.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$314,626
Total administrative$314,626
The Surgical Care Affiliates, LLC 401(k) match · 2024
Employer contribution per active participant$2,363
Median for plans this size$4,294
2024$2,363 per active participant
2023$1,837 per active participant
2022$1,781 per active participant

Surgical Care Affiliates, LLC's 2024 employer contribution ran below the $4,294 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20241
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$314,626

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$314,626 · 0.05%
2023$329,289 · 0.06%
2022$339,960 · 0.07%
Same employer
Similar plansHealth Care & Social Assistance · Minnesota
Mayo Holding Company MN$813.4M · 0.03%
North Memorial Health MN$778.3M · 0.11%
Optum Medical Services, P.C. MN$718.1M · 0.00%
Regions Hospital MN$602.0M · 0.06%
St Luke's Hospital of Duluth MN$422.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 208922307 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.