Plan Ledger DOL Form 5500 · updated monthly

Think Surgical, Inc.401(k)

THINK SURGICAL, INC. 401(K) RETIREMENT PLAN · FREMONT, CA · plan year 2024

Reported admin expense ratio · 2024
0.17%

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

Think Surgical, Inc. reported $28,147 in plan administrative expenses for 2024: 0.17% of average plan assets, below the peer median. Employer contributions averaged $5,732 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 rose from 0.14% to 0.17%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 3,937th-largest of 9,483 plans among California employers on file, and the 6,389th of 13,661 in manufacturing. In 2024, employees put in $3.15 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$17,804,314
Participants with balances206
Active participants111
Employer contributions$636,199
Employee contributions$2,005,472
Employer contribution per active participant$5,732
Average account balance$86,429
Benefits paid to participants$2,316,252
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$17.8M · 206 accts · $636K emplr
2023$14.5M · 197 accts · $632K emplr
2022$11.3M · 194 accts · $564K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$20,580
Investment management$7,567
Total administrative$28,147
The Think Surgical, Inc. 401(k) match · 2024
Employer contribution per active participant$5,732
Median for plans this size$2,416
2024$5,732 per active participant
2023$4,579 per active participant
2022$4,736 per active participant

Think Surgical, Inc.'s 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$20,580
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$7,567

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$28,147 · 0.17%
2023$19,209 · 0.15%
2022$17,348 · 0.14%
Same employer
Similar plansManufacturing · California
Sientra, Inc CA$18.0M · 0.39%
Drum Workshop, Inc. CA$17.9M · 0.39%
Leemah Electronics, Inc. CA$17.9M · 0.40%
Targus International LLC CA$17.6M · 0.33%
Micrometals CA$17.5M
Gritstone Bio, Inc. CA$17.5M · 0.49%

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Source: U.S. Department of Labor, Form 5500 series, EIN 261501071 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.