Watching it, he doesn't seem to relax sitting down at all, which suggests that if it had already started to fail, he hadn't noticed, which seems unlikely, since something like that is going to feel very odd, very rapidly.
The other two had already started to add in significant time, and they were all climbing, so out of the saddle, very shortly after the saddle fell off, so I don't think he lost anything due to that saddle failure, excepting getting the Bronze with a slightly better time. He may possibly have had something left to get a better position, but watching it, I think they had more energy, and would have left him behind anyway.