Plan Snapshot
- Plan Sponsor: Canvas Health INC
- Sponsor EIN: 410955577
- Sponsor Address: 7066 STILLWATER BOULEVARD NORTH, OAKDALE, MN, 55128
- Plan Type: 401(k)
- Total Participants: 331
- Total Assets: $17.8M
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 | 331 | $17.8M | $393,483 | $1.3M |
| 2023 | 310 | $15.2M | $341,679 | $1.2M |
| 2022 | 263 | $12.2M | $258,238 | $951,626 |
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 |
|---|---|---|---|---|
| REDPATH AND COMPANY, LLC | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- REDPATH AND COMPANY, LLC — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $59,775 | $4,579 | — | — | — |
| 2023 | $48,391 | $2,033 | — | — | — |
| 2022 | $50,984 | — | — | — | $50,984 |