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Florida › Manufacturing › 1,000 to 4,999 participants

Form 5500 statement · plan year 1 Jan 2024 to 31 Dec 2024

Conmed Corporation Retirement Savings Plan

Sponsored by Conmed Corporation, Largo, FL

ESOP with a 401(k) featureautomatic enrollment

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Form 5500 contains no individual account balances. Look up the original filing at EFAST2.

$342Mnet assets, end of plan year+9% on the year
4,122participants2,181 active
$82,916net assets per participantsame-size median $50,295
$3,418employer contributions per active participantsame-size median $2,045

In the plan year ending 31 Dec 2024, Conmed Corporation Retirement Savings Plan covered 4,122 participants and held $342M in net assets. The plan is an ESOP with a 401(k) feature sponsored by Conmed Corporation of Largo, Florida.

Net assets came to $82,916 per participant, well above the $50,295 median for defined contribution plans with 1,000 to 4,999 participants and well above the $62,303 median for defined contribution plans in manufacturing. The figure is an average across everyone in the plan, including former employees with small balances; Form 5500 holds no individual account data.

The employer contributed $7.5M during the year, or $3,418 per active participant against a same-size median of $2,045; participants contributed $15.9M and $1.3M arrived as rollovers and other contributions. Benefits paid out totalled $35.5M.

Schedule C lists 5 service provider organisations paid $5,000 or more, with reported compensation of $256K: $62.07 per participant, well below the same-size median of $82.08. Administrative expenses charged to the plan were $256K. Schedule C does not capture every cost: fees netted from fund returns and fees the employer pays directly are outside it.

Across the filings on record, net assets went from $97.6M in 2009 to $342M in 2024 (up 250%), and participants from 3,258 to 4,122 (up 27%).

The independent accountant's opinion on the financial statements was unmodified (unqualified).

Compared with similar plans

MeasureThis planSame sizeSame industryAll US DC plans
Net assets per participant$82,916$50,295$62,303$53,102
Employer contributions per active participant$3,418$2,045$2,187$2,175
Schedule C compensation per participant$62.07$82.08$136$123
Schedule C compensation, share of net assets0.07%0.17%0.24%0.26%
Administrative expenses per participant$62.07$82.20$131$116

Peer columns are medians for plan year 2024 across defined contribution plans with 100 or more participants: 1,000 to 4,999 participants (10,207 plans), manufacturing (11,377) and all US plans (63,460). Fee medians cover plans that report an amount.

Trend by plan year

2009: $97.6M2010: $115M2011: $118M2012: $138M2013: $169M2014: $180M2015: $177M2016: $181M2017: $208M2018: $200M2019: $250M2020: $282M2021: $322M2022: $269M2023: $313M2024: $342M$97.6M$342M20092012201620202024
Net assets at year end
2009: 3,2582010: 3,1872011: 3,1382012: 2,8452013: 2,8582014: 2,7422015: 3,2242016: 2,8142017: 2,8012018: 2,8232019: 3,0432020: 3,1272021: 3,4702022: 3,7252023: 3,9382024: 4,1223,2584,12220092012201620202024
Participants at year end
Plan yearParticipantsNet assetsPer participantEmployer contributionsParticipant contributionsSchedule C compensation
20244,122$342M$82,916$7.5M$15.9M$256K
20233,938$313M$79,450$7.8M$15.6M$260K
20223,725$269M$72,284$9.7M$14.5M$170K
20213,470$322M$92,828$8.8M$13.3M$142K
20203,127$282M$90,302$8.4M$12.2M$104K
20193,043$250M$82,277$8.7M$12.4M$122K
20182,823$200M$70,943$7.9M$11.4M$146K
20172,801$208M$74,390$7.5M$10.8M$114K
20162,814$181M$64,291$7.3M$10.1M$98K
20153,224$177M$54,795$7.3M$10.1M$99K
20142,742$180M$65,667$6.8M$9.5M$85K
20132,858$169M$58,980$7.2M$9.4M$75K
20122,845$138M$48,453$6.6M$8.9M$85K
20113,138$118M$37,744$6.0M$8.3M$90K
20103,187$115M$36,078$6.3M$8.4M$100K
20093,258$97.6M$29,961$6.7M$8.1M$88K

Years in which the plan filed the full Form 5500 with 100 or more participants, from 2009. Plan year is the year in which the plan year began.

Statement for the year

  • Net assets, beginning of year$312,874,009
  • Employer contributions$7,454,226
  • Participant contributions$15,899,051
  • Rollovers and other contributions$1,322,340
  • Total contributions$24,675,617
  • Total income, including investment results$64,750,095
  • Benefits paid$35,485,049
  • Administrative expenses$255,852
  • Total expenses$35,845,357
  • Net income$28,904,738
  • Net transfers$0
  • Net assets, end of year$341,778,747

Participants

  • Active participants2,181
  • Retired or separated, receiving benefits41
  • Retired or separated, entitled to future benefits1,887
  • Participants with account balances3,919
  • Total participants, end of year4,122

Fees and service providers

$256KSchedule C compensation to organisations$256K direct · $0 indirect
$62.07per participantsame-size median $82.08
0.07%of net assetssame-size median 0.17%
$256Kadministrative expenses charged to the plan$62.07 per participant
OrganisationServices reportedDirectIndirect
Strategic Advisors, Inc.Investment advisory (plan)$113,059$0
Fidelity Investments InstitutionalParticipant loan processing$64,318$0
Creative PlanningConsulting (general)$42,000$0
Insero & Co. CPAS, LLPAccounting (including auditing)$30,600$0
Culpepper RFP, LLCConsulting (general)$5,875$0

Schedule C, Part I line 2: providers that received $5,000 or more, with the form's own service codes. Individuals named on Schedule C (plan employees, individual trustees) are never shown and their compensation is excluded. Eligible indirect compensation disclosed by formula carries no dollar amount. See how to read Schedule C fees.

Administrative expenses on Schedule H

  • Investment advisory and management fees$113,059
  • Recordkeeping fees$63,118
  • Other administrative expenses$47,875
  • IQPA audit fees$30,600
  • Contract administrator fees$1,200
  • Total administrative expenses$255,852

Investment structure

Assets at year end by Schedule H category. The form shows the kind of vehicle holding the money, not the funds on the menu.

  • Registered investment companies (mutual funds)$304M · 88.9%
  • Other investments$12.3M · 3.6%
  • Cash (interest and non-interest bearing)$7.9M · 2.3%
  • Common/collective trusts$7.6M · 2.2%
  • Participant loans$5.0M · 1.5%
  • Employer securities$4.9M · 1.4%

Audit and compliance answers, as filed

  • Accountant's opinionUnmodified (unqualified)
  • Audit scope limited under ERISA section 103(a)(3)(C)No
  • Accounting firmInsero & Co. CPAS, LLP
  • Participant contributions reported as transmitted lateYes, $85,591
  • Covered by a fidelity bondYes, $3,000,000
  • Blackout period during the yearNo

These are the plan administrator's own answers on Schedule H, Part IV. A reported late transmittal is the filer's disclosure of a timing lapse, usually corrected through the Department of Labor's voluntary program; the amount is the total involved, not a loss.

Plan characteristics

  • 2EProfit-sharing plan
  • 2FERISA section 404(c) plan
  • 2GTotal participant-directed account plan
  • 2JCode section 401(k) feature
  • 2KCode section 401(m) arrangement
  • 2RParticipant-directed brokerage accounts provided as an investment option under the plan
  • 2TTotal or partial participant-directed account plan with a default investment account
  • 3FPlan sponsor(s) received services of leased employees
  • 3IPlan requiring that all or part of employer contributions be invested and held in employer securities
  • 2OESOP other than a leveraged ESOP
  • 2S401(k) plan or 403(b) plan that provides for automatic enrollment

Codes entered on Form 5500 line 8a, with the labels from the official instructions. Business code 339110: Medical Equipment & Supplies Mfg.

Other plans of Conmed Corporation

PlanParticipantsNet assets
Conmed Corporation Retirement Pension Plan2,209$65.7M

Similar plans in Florida

PlanSponsorParticipantsNet assetsPer participant
Gerdau Ameristeel US 401(k) Retirement PlanGerdau Ameristeel US Inc.4,713$746M$158,310
Ayr Strategies Retirement PlanAyr Strategies, Inc.3,361$19.8M$5,891
Boar's Head Provisions Co., Inc. 401(k) and Profit Sharing PlanBoar's Head Provisions Co., Inc.4,789$194M$40,490
Point Blank Enterprises, Inc. 401(k) PlanPoint Blank Enterprises, Inc.3,278$17.5M$5,324
The Refresco USA 401(k) Savings & Retirement PlanRefresco Beverages US Inc.5,858$217M$37,012
Mosaic Investment PlanThe Mosaic Company3,036$853M$281,043

Defined contribution plans in manufacturing closest in size.

Questions and answers

How big is Conmed Corporation Retirement Savings Plan?

4,122 participants at the end of the plan year ending 31 Dec 2024, of whom 2,181 were active employees, with net assets of $341,778,747. Among defined contribution plans that places it in the 1,000 to 4,999 participants band, which held 10,207 plans in plan year 2024.

What does Conmed Corporation contribute per participant?

The filing reports $7,454,226 in employer contributions for the year, which is $3,418 per active participant; the median for plans of the same type and size was $2,045 in plan year 2024. Form 5500 reports the total only. It does not state the match formula, and the per-participant figure is an average, not any one person's contribution.

What fees does the plan pay and how do they compare?

Schedule C reports $255,852 in compensation to service provider organisations, $62.07 per participant or 0.07% of net assets. The same-size median among plans reporting any Schedule C compensation was $82.08 per participant. Administrative expenses on Schedule H were $255,852. Investment costs deducted inside mutual funds and other pooled vehicles are not itemised on Form 5500, so these figures are a floor rather than a full cost.

Who runs the plan?

The sponsor is Conmed Corporation. Recordkeeping or administration: Fidelity Investments Institutional. Investment advisory or management: Strategic Advisors, Inc.. The financial statements were audited by Insero & Co. CPAS, LLP. Form 5500 also names the plan administrator's signer and other individuals; this site publishes organisations only.

Was the audit opinion unqualified?

The filing reports an unmodified (unqualified) opinion. Unmodified (formerly "unqualified") is the standard clean opinion.

How current is this, and does it show my balance?

This is the Form 5500 for the plan year 1 Jan 2024 to 31 Dec 2024, received by the Department of Labor on 7 Oct 2025. Filings are due seven months after the plan year ends, or nine and a half with an extension, so the public record always runs a year or more behind. It contains plan-level totals only: no individual balances, contributions or names of participants exist in the data.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files (Form 5500, Schedule H, Schedule C) for plan years 2009 to 2025, public domain, with filings received through 24 Aug 2026. This page shows the latest filing on record for EIN 16-0977505, plan 005, received 7 Oct 2025; an amended filing replaces it at the next build. Medians and percentiles are computed by this site; see the methodology. Report an error through corrections.