Plan Snapshot
- Plan Sponsor: Aerin Medical INC.
- Sponsor EIN: 452572453
- Sponsor Address: 1927 LOHMAN'S CROSSING RD, STE 200, AUSTIN, TX, 78734
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 186
- Total Assets: $21.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2025 | 186 | $21.0M | $0 | $0 |
| 2024 | 151 | $15.5M | $798,630 | $2.3M |
| 2023 | 130 | $9.4M | $670,709 | $1.8M |
| 2022 | 103 | $5.8M | $457,629 | $1.5M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INSTITUTIONAL | Recordkeeper | $30,917 | — | $30,917 |
| STRATEGIC ADVISERS LLC | Investment Advisor | $8,579 | — | $8,579 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $39,496
- Estimated Expense Ratio: 0.188% of plan assets
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2025 | $1,609,598 | $8,579 | $600 | — | — |
| 2024 | $1,524,783 | — | — | — | — |
| 2023 | $733,841 | — | — | — | — |
| 2022 | $689,206 | — | — | — | — |