Plan Snapshot
- Plan Sponsor: Astera Health
- Sponsor EIN: 410713913
- Sponsor Address: 415 JEFFERSON STREET NORTH, WADENA, MN, 56482
- Plan Type: 401(k)
- Total Participants: 462
- Total Assets: $46.1M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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. |
|---|---|---|---|---|
| 2024 | 462 | $46.1M | $563,659 | $2.5M |
| 2023 | 450 | $42.0M | $582,564 | $2.2M |
| 2022 | 455 | $39.4M | $1.0M | $2.1M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY | Recordkeeper | $113,162 | — | $113,162 |
| GALLAGHER BENEFIT SERVICES INC. | Investment Advisor | $55,000 | — | $55,000 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SERVICES INC. — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $168,162
- Estimated Expense Ratio: 0.365% 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 |
|---|---|---|---|---|---|
| 2024 | $113,162 | — | — | — | — |
| 2023 | $118,258 | $58,904 | — | — | — |
| 2022 | $108,885 | $55,625 | $3,750 | — | — |