Getting scooped with pocket aces

I'm in the small blind with a chip stack of 1700 in a 27 person play money SNG. Blinds are 20/40

I get pocket aces. 4 players call around to me, I raise to 160, Big Blind folds, UTG+1 calls, next player folds, the next player goes all in 1100, last player folds. I fold as does the other player left in the pot. Other player calls with pocket 3's.

Not sure I played that right. My goal in a SNG was to survive to hit the money, (which I did, by a hair) But I keep thinking that calling him might have been a good choice. He had position on me but I had much better cards.