Plan Ledger DOL Form 5500 · updated monthly

Treace Medical Concepts Inc401(k)

TREACE MEDICAL CONCEPTS INC 401(K) PROFIT SHARING PLAN & TRUST · PONTE VEDRA, FL · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Treace Medical Concepts Inc reported $137,456 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $4,988 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 0.76% to 0.68%. 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 942nd-largest of 3,644 plans among Florida employers on file, and the 5,107th of 13,661 in manufacturing. In 2024, employees put in $2.01 for every $1.00 the employer contributed; active participation has grown from 353 to 479 since 2022.

Plan summary
Net assets, end of year$25,117,082
Participants with balances452
Active participants479
Employer contributions$2,389,447
Employee contributions$4,798,017
Employer contribution per active participant$4,988
Average account balance$55,569
Benefits paid to participants$1,742,276
Plan auditUnmodified (clean) audit opinion
AuditorGELLERRAGANS
Plan history3
Yearassets · accounts · employer contribution
2024$25.1M · 452 accts · $2.4M emplr
2023$15.4M · 388 accts · $2.1M emplr
2022$6.6M · 299 accts · $1.3M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$53,579
Investment management$83,877
Total administrative$137,456
The Treace Medical Concepts Inc 401(k) match · 2024
Employer contribution per active participant$4,988
Median for plans this size$2,416
2024$4,988 per active participant
2023$4,494 per active participant
2022$3,706 per active participant

Treace Medical Concepts 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 · 20243
SEAN D CASTERLINE DBA DELTA CAPITAL · Investment advisory (plan)$81,213
EMPOWER ADVISORY GROUP, LLC · Investment management$2,664

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$137,456 · 0.68%
2023$63,499 · 0.58%
2022$35,369 · 0.76%
Same employer
Similar plansManufacturing · Florida
Microlumen, Inc. FL$27.2M · 0.17%
Melitta North America, Inc. FL$26.4M · 0.13%
Burdette Beckmann, Inc. FL$25.3M · 0.39%
Raje Technology Group, LLC FL$25.0M · 0.10%
Online Labels Group, LLC FL$25.0M · 0.45%

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Source: U.S. Department of Labor, Form 5500 series, EIN 471052611 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.