Atricure, Inc. 401(k) Review & Grade
Atricure, Inc. 401(k) Plan
Mason, OHManufacturing1,138 active participantsPlan year 2024
Estimate from the plan's Form 5500 filing · How we grade
$4,783Employer $ per active participant
$11,584Employee $ saved per active participant
0.02%Direct admin cost, % of plan assets
$151.0MNet plan assets, end of year
$113,719Average balance per account
Score breakdown
- Employer generosity40.6 / 5081th percentile for employer $ per participant
- Low cost24.1 / 2596th percentile for low admin cost vs. same-size plans
- Employee saving14.0 / 1593th percentile for employee $ per participant
- Plan features3 / 10Default investment
Total score82 / 100 · Grade A
This plan vs. peers
Peers: Manufacturing plans with 500–2,499 active participants (2,376 plans).
| Measure | Percentile |
|---|---|
| Employer $ per participant | 81th |
| Lower admin cost | 96th |
| Employee saving | 93th |
| Peers that auto-enroll | 59% |
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Red flags from the filing
No red flags were reported on this filing's compliance questions.
What to do if you're in this plan
- Atricure put in about $4,783 per active participant, more than the typical peer ($2,320). Contribute at least enough to collect the full match. Skipping it leaves part of your pay on the table.
- The filing shows total dollars, not the match formula. Ask HR for the Summary Plan Description so you know the exact match and vesting schedule.
- Fund expense ratios aren't in the filing. Look them up in your 404(a)(5) fee disclosure and favor low-cost index or target-date funds.
- Changing jobs? You can usually leave the money in the plan, move it to your new employer's plan, or roll it into an IRA. Don't cash out: you'd owe taxes and possibly a 10% penalty.
The raw numbers from the filing
| Employer contributions | $5,445,459 |
| Participant (employee) contributions | $13,187,862 |
| Other contributions (incl. rollovers in) | $4,133,357 |
| Administrative expenses paid from the plan | $21,399 |
| Benefits paid out | $7,444,676 |
| Net assets, start / end of year | $117.4M / $151.0M |
| Active participants, start / end of year | 1,088 / 1,189 |
| Participants with account balances | 1,328 |
| Auto-enrollment (feature code 2S) | Not reported |
| Auditor | Katz, Sapper & Miller |
Largest service providers (Schedule C)
| Transamerica Retirement Solutions | $21,399 reported compensation |
| National Financial Services | $0 reported compensation |
Source: DOL EFAST2 Form 5500 filing, acknowledgment ID 20251013134952NAL0001438257003, received 2025-10-13, EIN 34-1940305, plan #001, plan year 2024-01-01 to 2024-12-31. Verify at efast.dol.gov.