Plan Snapshot
- Plan Sponsor: B. Braun Medical, INC.
- Sponsor EIN: 232116774
- Sponsor Address: 824 TWELFTH AVENUE, BETHLEHEM, PA, 18018
- Plan Type: DB
- Total Participants: 1,616
- Total Assets: $102.3M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,616 | $102.3M | $0 | $0 |
| 2023 | 1,754 | $105.5M | $0 | $0 |
| 2022 | 1,968 | $102.2M | $10.0M | $0 |
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 |
|---|---|---|---|---|
| AON CONSULTING INC. | NONE | $319,104 | — | $319,104 |
| MILLIMAN INC | NONE | $76,500 | — | $76,500 |
| WILLIS TOWERS WATSON US LLC | NONE | $69,665 | — | $69,665 |
| THE BANK OF NEW YORK MELLON | TRUSTEE | $52,299 | — | $52,299 |
| PRICEWATERHOUSECOOPERS LLP | NONE | $35,860 | — | $35,860 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING INC. — NONE
- MILLIMAN INC — NONE
- WILLIS TOWERS WATSON US LLC — NONE
- PRICEWATERHOUSECOOPERS LLP — NONE
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $553,428
- Estimated Expense Ratio: 0.541% 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 | $1,275,727 | $76,500 | — | $35,860 | — |
| 2023 | $1,433,092 | $76,500 | $399,811 | — | — |
| 2022 | $993,712 | $76,500 | $417,170 | — | $118,091 |