Plan Snapshot
- Plan Sponsor: Beaver Medical Group, P.C.
- Sponsor EIN: 330645967
- Sponsor Address: 9900 BREN ROAD EAST, MINNETONKA, MN, 55343
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 0 | $0 | $0 | $0 |
| 2023 | 1,289 | $319.0M | $0 | $0 |
| 2022 | 1,552 | $305.0M | $9.3M | $7.8M |
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 INVST INSTNL OPRTN CO, INC | RECORDKEEPER | $100,674 | — | $100,674 |
| BAKER TILLY US, LLP | ACCOUNTANT/ AUDITOR | $43,200 | — | $43,200 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVST INSTNL OPRTN CO, INC — RECORDKEEPER
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $143,874
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 | $53,900 | — | — | $50,500 | — |
| 2023 | $74,187 | — | — | $23,850 | — |
| 2022 | $133,003 | — | — | — | — |