Plan Snapshot
- Plan Sponsor: Caremount Health Solutions, LLC
- Sponsor EIN: 384103290
- Sponsor Address: 9900 BREN ROAD EAST, MINNETONKA, MN, 55343
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 3,369
- Total Assets: $562.9M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2023 | 3,369 | $562.9M | $7.5M | $10.4M |
| 2022 | 3,715 | $522.3M | $19.8M | $22.0M |
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 |
|---|---|---|---|---|
| FIDELITY INVEST INSTIT OP CO, LLC | Recordkeeper | $64,417 | — | $64,417 |
| BAKER TILLY US, LLP | Auditor | $21,600 | — | $21,600 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- FIDELITY INVEST INSTIT OP CO, LLC — Recordkeeper
- BAKER TILLY US, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $86,017
- Estimated Expense Ratio: 0.015% 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 |
|---|---|---|---|---|---|
| 2023 | $85,782 | — | — | $21,600 | — |
| 2022 | $91,325 | — | — | — | — |