401(k) · DOL Form 5500 · 2024

Surmodics, Inc. 401(k) Plan

Data updated 2026-08-25

$63M
Total assets Below avg plan size
278
Participants Below avg headcount
87th
Percentile by assets National rank
$226,554
Avg per participant Above avg balance/head
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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.

  • #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.

#14,343
in Manufacturing (17,777 peers)
+21.1%
assets growth YoY
0.6×
vs typical plan assets (national mean)

Surmodics, Inc. 401(k) Plan and Trust's outsized position 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

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2024

Surmodics, Inc. 401(k) Plan and Trust among mid-size filed plans by headcount

Plan-year 2024 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Surmodics, Inc. 401(k) Plan and Trust sits mid-pack in the medium band (278 participants).

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.

See the national 2023→2024 release diff →

EBSA filing schedule strip

Filing strip 411356149 · Surmodics, Inc. PY 2024 · 401(k)

Surmodics, Inc. 401(k) Plan and Trust · $63M · 278 · 87th

  • BOOK $63M
  • BOOK 278
  • BOOK 87th
  • BOOK 401(k)
  • BOOK near Excelsior Orthopaedics, LLP 401(k) Profit Sharing Plan
  • BOOK ind #14343

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Manufacturing retirement plans → · Plans in Minnesota →

Surmodics, Inc. 401(k) Plan and Trust in the asset neighbourhood

Adrian Steel Company 401(k) PlanAdrian Steel Company 401(k) …$63MKps Capital Partners, LP 401(k) Profit Sharing PlanKps Capital Partners, LP 401…$63MSurmodics, Inc. 401(k) Plan and TrustSurmodics, Inc. 401(k) Plan …$63MExcelsior Orthopaedics, LLP 401(k) Profit Sharing PlanExcelsior Orthopaedics, LLP …$63MSummit Dental Consulting 401(k) Profit Sharing PlanSummit Dental Consulting 401…$63M
End-of-year total assets ($M) among Surmodics, Inc. 401(k) Plan and Trust and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2024.

Minnesota filing particulars

Total Assets (Beginning of Year)$52M
Net Assets (End of Year)$63M
Net Income$11M
Employer EIN411356149
Plan Effective Date1987-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Surmodics, Inc.)

Sponsor-wide plan assets over time

All Surmodics, Inc. plans reported in each filing year

Latest sponsor-wide plan assets
$63M 59.99393476303674% vs 2022
2024 filing year
$30M$40M$50M$60M$70M 202220232024 $39.4M $63M ▲ +60.0%
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 Scatter plot of 6 data points. -1000000100000200000300000400000500000 -20020406080 Total assets ($B) Participants Surmodics, Inc. 401(k) Plan and Trust, Total assets ($B): 0.062982126 · Participants: 278Surmodics, Inc. 401(k) Plan and TrustWells Fargo & Company 401(k) Plan, Total assets ($B): 57.886997456 · Participants: 179076Wells Fargo & Company 401(k) PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 26.618762181 · Participants: 205460Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 14.419645154 · Participants: 409649Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 13.719378 · Participants: 38480Medtronic Savings and Investment PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 11.442089862 · Participants: 73109U.S. Bank 401(k) Savings Plan
Surmodics, Inc. 401(k) Plan and Trust vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Surmodics, Inc. 401(k) Plan and Trust side-by-side with 3 peers →

Surmodics, Inc. 401(k) Plan and Trust's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Excelsior Orthopaedics, LLP 401(k) Profit Sharing Plan in NY ($63M); by covered participants it is Evidera 401(k) Plan in MD (278 participants). Same-state nearby plans are listed separately above.

Similar participant headcount

Nearest other-state filings by covered participants (278 participants); asset peers above are excluded.

DOL Form 5500 plan year 2024. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Surmodics, Inc. 401(k) Plan and Trust assets move in 2024? ▼
Surmodics, Inc. 401(k) Plan and Trust grew sharply - up 21.1% during 2024, from $52M to $63M. Reported net income was $11M.
How have Surmodics, Inc. plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Surmodics, Inc.'s sponsor-wide assets grew 60.0%, from $39M to $63M.
Where does Surmodics, Inc. 401(k) Plan and Trust rank by assets among Form 5500 filers? ▼
Surmodics, Inc. 401(k) Plan and Trust ranks in the 87th percentile by end-of-year assets among 123,622 plans that reported assets for plan year 2024 (in the top quartile of all filed plans by assets).
Which 401(k) plans are similar in size to Surmodics, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by assets is Excelsior Orthopaedics, LLP 401(k) Profit Sharing Plan in NY ($63M, 620 participants).
Which 401(k) plans cover a similar participant headcount to Surmodics, Inc. 401(k) Plan and Trust? ▼
Among 401(k) plans in other states, the closest by covered participants is Evidera 401(k) Plan in MD (278 participants, N/A in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2024.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 411356149.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.