Retirement plan

ALPHATEC SPINE, INC. 401(K) PLAN

Name: ALPHATEC SPINE, INC. - ALPHATEC SPINE, INC. 401(K) PLAN (2019) Form 5500
Creator: ALPHATEC SPINE, INC.
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, ALPHATEC SPINE, INC. 401(K) PLAN, ALPHATEC SPINE, INC.

ALPHATEC SPINE, INC.EIN 33-0412288Plan #001PY 2019

5818 EL CAMINO REAL - CARLSBAD, CA 92008760-494-6696

Prospect flagsFailed to transmit contributionsCorrective distributions

How to read this page

Total assets (EOY)

$15.2M

+40.9% from 2018

Total participants

394

+15.2% from 2018

Average account balance

$38,789

+21.1% from 2018

Annual return

34.65%

+40.67 pp from 2018

Benchmarks

See 4,277 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants100-249

Cohort4,277 peers

Snapshot2019

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$58.58M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$64K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

920

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

98.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$9.08M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$13K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+30.01%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$147

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC2 years Filed as: MARSH MCLENNAN SECURITIES Service code 26 · EIN 22-3590392 1166 AVENUE OF THE AMERICAS · NEW YORK, NY 10036	Advisory (Participants)	$26,179
SAN DIEGO PENSION CONSULTANTS5+ years Service code 17 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Pension Consulting	$10,187
JOHN HANCOCK LIFE INSURANCE COMPANY1 year Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600	Recordkeeping	$874

Plan features & details

Pension benefit codes2E2F2G2J2K

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.

Opportunity flags

2 tripped

ComplianceFailed to transmit contributions
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).

Expense breakdown

Schedule H Part II

Admin total

$45K

$202 / participant

Investment mgmt$26K58.6%
Contract admin$18K41.4%

% of EOY assets

0.294%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: SQUAR MILNER LLP
Auditor EIN: 330835986
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$38,789

$65,376-40.7%

$87,104-55.5%

$65,185-40.5%

Participation rate

98.6%

75.3%+23.3pp

76.9%+21.8pp

70.2%+28.4pp

Annual return

34.65%

31.27%+3.4pp

28.19%+6.5pp

29.38%+5.3pp

Employer contribution / active EE

$2,425

$1,822+33.1%

$2,521-3.8%

$2,177+11.4%

Participant deferral / active EE

$7,816

$3,388+130.7%

$4,048+93.1%

$3,514+122.4%

Admin fee / account holder

$114

$520-78.0%

$7,491-98.5%

$847-86.5%

Provider

Service type

Compensation

MMA SECURITIES LLC2 years

Filed as: MARSH MCLENNAN SECURITIES

Service code 26 · EIN 22-3590392

1166 AVENUE OF THE AMERICAS · NEW YORK, NY 10036

Advisory (Participants)

$26,179

SAN DIEGO PENSION CONSULTANTS5+ years

Service code 17

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Pension Consulting

$10,187

JOHN HANCOCK LIFE INSURANCE COMPANY1 year

Filed as: JOHN HANCOCK LIFE INSURANCE

Service code 15 · EIN 01-0233346

RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600

Recordkeeping

$874

ALPHATEC SPINE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

ALPHATEC SPINE, INC. 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion