Plan Snapshot
- Plan Sponsor: Cardiofocus, INC.
- Sponsor EIN: 043090315
- Sponsor Address: 500 NICKERSON ROAD, MARLBOROUGH, MA, 01752
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 116
- Total Assets: $6.2M
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. |
|---|---|---|---|---|
| 2025 | 116 | $6.2M | $0 | $0 |
| 2024 | 69 | $6.0M | $37,440 | $693,568 |
| 2023 | 78 | $5.8M | $49,473 | $617,315 |
| 2022 | 105 | $5.5M | $51,331 | $888,202 |
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 |
|---|---|---|---|---|
| AAFCPAS INC | Auditor | — | — | $0 |
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 |
|---|---|---|---|---|---|
| 2025 | $1,497,874 | — | — | — | — |
| 2024 | $16,785 | $14,827 | $1,958 | — | — |
| 2023 | $18,704 | — | — | — | — |
| 2022 | $23,167 | — | — | — | — |