Plan Snapshot
- Plan Sponsor: Brainlabs Usa, LLC
- Sponsor EIN: 200720112
- Sponsor Address: 501 NORTH MORTON STREET STE 212, BLOOMINGTON, IN, 47404
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $9.2M
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 | 221 | $9.2M | $813,079 | $1.4M |
| 2023 | 189 | $6.1M | $742,775 | $1.2M |
| 2022 | 218 | $3.5M | $634,357 | $1.0M |
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 | RECORDKEEPER | $8,755 | — | $8,755 |
| MMA SECURITIES LLC | INVESTMENT ADVISOR | $6,815 | — | $6,815 |
| HANNIS T. BOURGEOOIS, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- HANNIS T. BOURGEOOIS, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $15,570
- Estimated Expense Ratio: 0.169% 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 | $20,188 | $11,433 | — | — | — |
| 2023 | $3,225 | — | $2,625 | — | — |
| 2022 | $1,775 | — | — | — | — |