Plan Snapshot
- Plan Sponsor: Cirrus Design Corporation
- Sponsor EIN: 391578274
- Sponsor Address: 4515 TAYLOR CIR, DULUTH, MN, 55811
- Plan Type: 401(k)
- Total Participants: 2,654
- Total Assets: $162.2M
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 | 2,654 | $162.2M | $8.3M | $13.7M |
| 2023 | 1,854 | $133.1M | $6.8M | $11.9M |
| 2022 | 2,333 | $99.8M | $5.4M | $9.6M |
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 |
|---|---|---|---|---|
| WIPFLI LLP | Auditor | $12,500 | — | $12,500 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- WIPFLI LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $12,500
- Estimated Expense Ratio: 0.008% 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 | $114,968 | $102,458 | — | $12,500 | — |
| 2023 | $82,475 | $82,075 | — | — | — |
| 2022 | $55,730 | — | $55,730 | — | — |