Retirement plan

ALPHATEC SPINE, INC. 401(K) PLAN

Name: ALPHATEC SPINE, INC. - ALPHATEC SPINE, INC. 401(K) PLAN (2023) 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 2023

1950 CAMINO VIDA ROBLE - CARLSBAD, CA 92008760-494-6696

Prospect flagsNo flags tripped

How to read this page

Total assets (EOY)

$43.2M

+57.7% from 2022

Total participants

914

+28.9% from 2022

Average account balance

$47,904

+22.6% from 2022

Annual return

41.03%

+51.37 pp from 2022

Benchmarks

See 2,423 peers

Peer group

Industry33 - Manufacturing

Plan typeDefined contribution

Participants250-999

Cohort2,423 peers

Snapshot2023

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 4 by compensation

Provider	Service type	Compensation
MMA SECURITIES LLC6 years Filed as: MARSH MCLENNAN SECURITIES Service code 26 · EIN 22-3590392 1166 AVENUE OF THE AMERICAS · NEW YORK, NY 10036	Advisory (Participants)	$49,372
MERRILL LYNCH PIERCE FENNER & SMITH1 year Filed as: MERRILL LYNCH Service code 26 · EIN 13-5674085	Advisory (Participants)	$43,560
SAN DIEGO PENSION CONSULTANTS9+ years Service code 17 5628 COPLEY DRIVE · SAN DIEGO, CA 92111	Pension Consulting	$29,328
JOHN HANCOCK LIFE INSURANCE COMPANY5 years Filed as: JOHN HANCOCK LIFE INSURANCE Service code 15 · EIN 01-0233346 RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600	Recordkeeping	$2,116

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

0 tripped

No flags tripped for this filing year. This plan looks clean.

Expense breakdown

Schedule H Part II

Admin total

$161K

$236 / participant

Investment mgmt$64K39.6%
Contract admin$97K60.4%

% of EOY assets

0.374%

all-in expense ratio

Categories reported

2 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: BAKER TILLY, US, LLP
Auditor EIN: 301413443
Audit fees: (not subdivided)
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$47,904

$99,168-51.7%

$96,576-50.4%

$74,440-35.6%

Participation rate

98.1%

80.7%+17.4pp

76.0%+22.1pp

70.7%+27.4pp

Annual return

41.03%

22.40%+18.6pp

25.87%+15.2pp

34.37%+6.7pp

Employer contribution / active EE

$2,812

$2,570+9.4%

$2,965-5.2%

$2,638+6.6%

Participant deferral / active EE

$7,810

$4,936+58.2%

$4,851+61.0%

$4,529+72.4%

Admin fee / account holder

$179

$225-20.4%

$8,253-97.8%

$348-48.6%

Provider

Service type

Compensation

MMA SECURITIES LLC6 years

Filed as: MARSH MCLENNAN SECURITIES

Service code 26 · EIN 22-3590392

1166 AVENUE OF THE AMERICAS · NEW YORK, NY 10036

Advisory (Participants)

$49,372

MERRILL LYNCH PIERCE FENNER & SMITH1 year

Filed as: MERRILL LYNCH

Service code 26 · EIN 13-5674085

Advisory (Participants)

$43,560

SAN DIEGO PENSION CONSULTANTS9+ years

Service code 17

5628 COPLEY DRIVE · SAN DIEGO, CA 92111

Pension Consulting

$29,328

JOHN HANCOCK LIFE INSURANCE COMPANY5 years

Filed as: JOHN HANCOCK LIFE INSURANCE

Service code 15 · EIN 01-0233346

RETIREMENT PLAN SERVICES · BUFFALO, NY 142010600

Recordkeeping

$2,116

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