401(k) · DOL Form 5500 · 2024
Surmodics, Inc. 401(k) Plan
Data updated 2026-08-11
- $63M
- Total assets
- 278
- Participants
- 87th
- Percentile by assets
- $226,554
- Avg per participant
Official DOL plan name: Surmodics, Inc. 401(k) Plan and Trust · Sponsored by Surmodics, Inc. · Minnesota · Manufacturing
$63M in assets, 278 participants
Surmodics, Inc.'s Surmodics, Inc. 401(k) Plan and Trust reported $63M in total assets and 278 participants in its 2024 DOL Form 5500 filing, ranking in the 87th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.
- 87th percentile by assets (of 123,622 plans)
- #14,343 in Manufacturing (17,777 peers)
Coverage in Minnesota
Surmodics, Inc. 401(k) Plan and Trust covers 278 participants in Minnesota, about 25% of the average Minnesota filer (state average ~1,126 per filing). Assets: $63M.
- $63M
- total plan assets (2024 EOY)
- 278
- covered participants
- 87th
- percentile by assets (of 123,622 plans)
- $226,554
- avg assets per participant
Where Surmodics, Inc. 401(k) Plan and Trust sits by total assets
Surmodics, Inc. 401(k) Plan and Trust vs every filed plan by assets
End-of-year total assets · plan year 2024 · DOL Form 5500
$62,982,126 Top 13% higher than 87% of 123,620 filed plans
Dashed line + filled bar = this entry, among filed plans.
Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024
What changed between DOL Form 5500 filings
plan year 2023 → plan year 2024
- Surmodics, Inc. 401(k) Plan and Trust end-of-year assets rose from $52M in the plan year 2023 filing to $63M in the plan year 2024 filing.
- Surmodics, Inc. 401(k) Plan and Trust reported net income fell from $13M in the plan year 2023 filing to $11M in the plan year 2024 filing.
- Surmodics, Inc. 401(k) Plan and Trust reported participants fell from 311 in the plan year 2023 filing to 278 in the plan year 2024 filing.
Participants vs Minnesota filers
In Minnesota, the average filing covers about 1,126 participants across 2,865 plans. Surmodics, Inc. 401(k) Plan and Trust reports 278 participants - about 25% of that state average ($63M EOY assets).
Minnesota filing particulars
| Total Assets (Beginning of Year) | $52M |
|---|---|
| Net Assets (End of Year) | $63M |
| Net Income | $11M |
| Employer EIN | 411356149 |
| Plan Effective Date | 1987-01-01 |
| Filing Status | FILING RECEIVED |
Sponsor Plan History (Surmodics, Inc.)
| Year | Plans | Participants | Total Assets |
|---|---|---|---|
| 2022 | 1 | 270 | $39M |
| 2023 | 1 | 311 | $52M |
| 2024 | 1 | 278 | $63M |
Nearby 401(k) Plans in Minnesota
Peer 401(k) plans, same state, same plan type, ranked by total assets.
Surmodics, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
- Wells Fargo & Company 401(k) Plan $57.9B · 179,076
- Unitedhealth Group 401(k) Savings Plan $26.6B · 205,460
- Target Corporation 401(k) Plan $14.4B · 409,649
- Medtronic Savings and Investment Plan $13.7B · 38,480
- U.S. Bank 401(k) Savings Plan $11.4B · 73,109
Similar-Sized 401(k) Plans Nationally
401(k) plans in other states closest to Surmodics, Inc. 401(k) Plan and Trust by total assets, not by location.
Frequently Asked Questions
How did Surmodics, Inc. 401(k) Plan and Trust assets move in 2024? ▼
How have Surmodics, Inc. plan assets changed over time? ▼
Where does Surmodics, Inc. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
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Next read for Surmodics, Inc. 401(k) Plan and Trust
Filing takeaways
Ways to act on Surmodics, Inc. 401(k) Plan and Trust's numbers.
- By total assets, Surmodics, Inc. 401(k) Plan and Trust ranks in the top quartile of all filed plans by assets. See the largest plans
- Compare it side-by-side against 3 similar 401(k) plans in Minnesota. Compare plans
- Surmodics, Inc.'s sponsor-wide assets have grown 60.0% since 2022 across 3 plan years on file. More Manufacturing plans