Plan Snapshot
- Plan Sponsor: Canon Medical Systems Usa, INC.
- Sponsor EIN: 680178440
- Sponsor Address: 2441 MICHELLE DRIVE, TUSTIN, CA, 92780
- Plan Type: 401(k)
- Total Participants: 1,296
- Total Assets: $507.7M
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 | 1,296 | $507.7M | $7.7M | $22.5M |
| 2023 | 1,193 | $459.0M | $7.7M | $22.2M |
| 2022 | 1,200 | $395.3M | $7.4M | $20.6M |
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 |
|---|---|---|---|---|
| MERCER | NONE | $141,390 | — | $141,390 |
| T ROWE PRICE RPS INC | NONE | $92,296 | — | $92,296 |
| GROOM LAW GROUP, CHARTERED | NONE | $59,721 | — | $59,721 |
| MORNINGSTAR | NONE | $42,657 | — | $42,657 |
| MILLER, KAPLAN, ARASE & CO., LLP | NONE | $13,650 | — | $13,650 |
| MILLER KAPLAN ARASE LLP | Auditor | $13,650 | — | $13,650 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MILLER KAPLAN ARASE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $363,364
- Estimated Expense Ratio: 0.072% 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 | $621,361 | $42,657 | — | $13,650 | — |
| 2023 | $654,853 | $44,458 | — | $13,125 | — |
| 2022 | $649,005 | $36,695 | — | — | $265,343 |