Plan Snapshot
- Plan Sponsor: Catheter & Medical Design, LLC
- Sponsor EIN: 202529815
- Sponsor Address: 9409 SCIENCE CENTER DRIVE, NEW HOPE, MN, 55428
- Plan Type: 401(k)
- Total Participants: 247
- Total Assets: $3.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- 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 | 247 | $3.8M | $181,342 | $779,791 |
| 2023 | 314 | $2.8M | $222,420 | $681,163 |
| 2022 | 108 | $1.4M | $137,142 | $452,354 |
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 |
|---|---|---|---|---|
| BOYUM AND BARENSCHEER, PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOYUM AND BARENSCHEER, PLLP — 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 | $6,263 | — | — | — | — |
| 2023 | $3,200 | — | $3,200 | — | — |
| 2022 | $8,575 | — | $8,575 | — | — |