Employers › RTI Surgical
Recordkeeping fees per participant · Section 401(k) Plan for Employees of Surgalign Spine Technologies, Inc. · plan year 2023
$116.55
Higher than 72% of the 13,318 plans $10 to 50M that report it.
= $37,179 / 319
Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240627180016NAL0006583427001, received 2024-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240627180016NAL0006583427001, received 2024-06-27
Percentiles compare this plan with the Schedule H plans $10 to 50M in assets of the same plan year, excluding final filings; shown only where at least 50 comparable plans report the figure. Plan year 2023-01-01 to 2023-12-31, filing received 2024-06-27.
Administrative expenses excluding investment management, per participant
$170.20
Higher than 71% of the 23,494 plans $10 to 50M that report it.
= $54,294 / 319
derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240627180016NAL0006583427001, received 2024-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240627180016NAL0006583427001, received 2024-06-27
Administrative expenses per participant
$311.27
Higher than 79% of the 24,286 plans $10 to 50M that report it.
= $99,294 / 319
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240627180016NAL0006583427001, received 2024-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240627180016NAL0006583427001, received 2024-06-27
Administrative expenses as a share of assets
0.433%
Higher than 77% of the 24,321 plans $10 to 50M that report it.
= $99,294 / $22,921,985
Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240627180016NAL0006583427001, received 2024-06-27
assets_eoy: Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240627180016NAL0006583427001, received 2024-06-27
Employer contributions per participant
$1,550
Higher than 35% of the 23,376 plans $10 to 50M that report it.
= $494,394 / 319
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240627180016NAL0006583427001, received 2024-06-27
participants_with_balance: Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240627180016NAL0006583427001, received 2024-06-27
Employer share of total contributions
26.1%
Higher than 43% of the 23,409 plans $10 to 50M that report it.
= $494,394 / $1,891,147
Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240627180016NAL0006583427001, received 2024-06-27
total_contrib: Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240627180016NAL0006583427001, received 2024-06-27
Plan terms are described in RTI Surgical, Inc.'s SEC filings: Form 10-K filed 2019-03-05. No term could be quoted from them with the required precision.
2E profit-sharing · 2F ERISA 404(c) plan · 2G fully participant-directed · 2J 401(k) feature · 2K 401(m) arrangement · 2S pre-approved plan document · 2T default investment (QDIA) · 3D IRS pre-approved plan · 3H controlled-group sponsor · Form 5500, line 8a; TYPE_PENSION_BNFT_CODE pos 81; filing 20240627180016NAL0006583427001, received 2024-06-27
| Field | Value | Source |
|---|---|---|
| Plan sponsor | SURGALIGN TECHNOLOGIES, INC | Form 5500, Part II line 2a; SPONSOR_DFE_NAME pos 19; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Plan name | SECTION 401(K) PLAN FOR EMPLOYEES OF SURGALIGN SPINE TECHNOLOGIES, INC. | Form 5500, line 1a; PLAN_NAME pos 16; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Sponsor EIN / plan number | 59-3466543 / 001 | Form 5500, line 2b; SPONS_DFE_EIN pos 44; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Plan type | single-employer | Form 5500, Part I line A; TYPE_PLAN_ENTITY_CD pos 4; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Sponsor location | DEERFIELD, IL | Form 5500, line 2a; SPONS_DFE_MAIL_US_STATE pos 25; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Industry (business code) | 621510, Health care and social assistance | Form 5500, line 2d; BUSINESS_CODE pos 46; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Plan year | 2023-01-01 to 2023-12-31 | Form 5500, Part I plan year; FORM_PLAN_YEAR_BEGIN_DATE pos 2; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Filing received | 2024-06-27 | Form 5500, EFAST2 receipt date; DATE_RECEIVED pos 102; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Final filing | no | Form 5500, Part I line B; FINAL_FILING_IND pos 8; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Amended filing | no | Form 5500, Part I line B; AMENDED_IND pos 7; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Participants, beginning of year | 439 | Form 5500, line 5; TOT_PARTCP_BOY_CNT pos 71; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Active participants | 29 | Form 5500, line 6a(2); TOT_ACTIVE_PARTCP_CNT pos 72; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Participants, end of year | 348 | Form 5500, line 6f; TOT_ACT_RTD_SEP_BENEF_CNT pos 77; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Participants with an account balance | 319 | Form 5500, line 6g(2); PARTCP_ACCOUNT_BAL_CNT pos 78; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total assets, beginning of year | $27,107,480 | Schedule H, Part I line 1f col (a); TOT_ASSETS_BOY_AMT pos 30; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total assets, end of year | $22,921,985 | Schedule H, Part I line 1f col (b); TOT_ASSETS_EOY_AMT pos 61; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Net assets, end of year | $22,921,985 | Schedule H, line 1l col (b); NET_ASSETS_EOY_AMT pos 67; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total income | $6,529,573 | Schedule H, Part II line 2d; TOT_INCOME_AMT pos 97; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Net income | $-4,185,495 | Schedule H, line 2k; NET_INCOME_AMT pos 111; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Employer contributions | $494,394 | Schedule H, Part II line 2a(1)(A); EMPLR_CONTRIB_INCOME_AMT pos 68; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Participant contributions | $1,198,675 | Schedule H, line 2a(1)(B); PARTICIPANT_CONTRIB_AMT pos 69; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Other contributions (incl. rollovers) | $198,078 | Schedule H, line 2a(1)(C); OTH_CONTRIB_RCVD_AMT pos 70; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total contributions | $1,891,147 | Schedule H, line 2a(3); TOT_CONTRIB_AMT pos 72; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Benefit payments | $10,614,613 | Schedule H, line 2e(4); TOT_DISTRIB_BNFT_AMT pos 101; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total expenses (incl. benefit payments) | $10,715,068 | Schedule H, line 2j; TOT_EXPENSES_AMT pos 110; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Total administrative expenses | $99,294 | Schedule H, line 2i(12) total administrative expenses; TOT_ADMIN_EXPENSES_AMT pos 109; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Recordkeeping fees | $37,179 | Schedule H, line 2i(3); OTH_RECORDKEEPING_FEES_AMT pos 160; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| IQPA audit fees | $17,115 | Schedule H, line 2i(4); IQPA_AUDIT_FEES_AMT pos 161; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Investment advisory and management fees | $45,000 | Schedule H, line 2i(5); INVST_MGMT_FEES_AMT pos 107; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Administrative expenses excluding investment management | $54,294 | derived, admin_expenses (2i(12)) minus invst_mgmt_fees (2i(5)), floored at 0; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Held in mutual funds | $22,100,645 | Schedule H, line 1c(13) col (b); INT_REG_INVST_CO_EOY_AMT pos 55; filing 20240627180016NAL0006583427001, received 2024-06-27 |
| Independent auditor | BAKER TILLY US, LLP | Schedule H, Part III line 3a; ACCOUNTANT_FIRM_NAME pos 116; filing 20240627180016NAL0006583427001, received 2024-06-27 |
Position = column in the DOL layout for form year 2023. Filing 20240627180016NAL0006583427001, received 2024-06-27.
| Provider | Relationship | Service codes | Direct compensation | Indirect |
|---|---|---|---|---|
| LOCKTON INVESTMENT ADVISORS | NONE | 27 Investment advisory (plan); 50 Direct payment from the plan | $45,000 | no |
| ONEAMERICA RETIREMENT SERVICES LLCrecordkeeper | NONE | 15 Recordkeeping and information management; 36 Copying and duplicating; 37 Participant loan processing; 38 Participant communication; 50 Direct payment from the plan; 64 Recordkeeping fees | $37,179 | no |
| BAKER TILLY | NONE | 10 Accounting (including auditing); 50 Direct payment from the plan | $17,115 | no |
| MATRIX TRUST COMPANY | NONE | 19 Custodial (securities); 21 Trustee (bank, trust company or similar); 25 Trustee (directed); 62 Float revenue | $0 | yes |
Schedule C Part I line 2: name (a), service codes (b), relationship (c), direct compensation paid by the plan (d), indirect compensation received (e). Filing 20240627180016NAL0006583427001, received 2024-06-27.
No filing for the previous plan year is in the data, so there is no year-over-year comparison.
Sponsor name as filed: SURGALIGN TECHNOLOGIES, INC; SEC registrant: RTI SURGICAL, INC. (CIK 1100441, matched by EIN).