Plan Snapshot
- Plan Sponsor: B. Braun Medical INC.
- Sponsor EIN: 232116774
- Sponsor Address: 824 TWELFTH AVENUE, BETHLEHEM, PA, 18018
- Plan Type: 401(k)
- Total Participants: 5,781
- Total Assets: $977.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- 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 | 5,781 | $977.3M | $22.3M | $50.7M |
| 2023 | 5,854 | $878.5M | $24.6M | $48.4M |
| 2022 | 6,235 | $753.9M | $24.4M | $46.3M |
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 O | NONE | $411,390 | — | $411,390 |
| EMPOWER ADVISORY GROUP, LLC | NONE | $182,202 | — | $182,202 |
| FIDUCIENT ADVISORS LLC | NONE | $81,000 | — | $81,000 |
| PRICEWATERHOUSECOOPERS LLP | NONE | $46,105 | — | $46,105 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PRICEWATERHOUSECOOPERS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $720,697
- Estimated Expense Ratio: 0.074% 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 | $721,297 | $263,202 | — | $46,105 | — |
| 2023 | $687,272 | $206,289 | — | $38,000 | — |
| 2022 | $516,577 | $171,397 | — | — | $900 |