Plan Snapshot
- Plan Sponsor: Guardian Angels Health Services INC.
- Sponsor EIN: 410858938
- Sponsor Address: 508 FREEPORT AVENUE NW SUITE A, ELK RIVER, MN, 55330
- Plan Type: 401(k)
- Total Participants: 267
- Total Assets: $5.2M
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. |
|---|---|---|---|---|
| 2024 | 267 | $5.2M | $0 | $0 |
| 2023 | 251 | $5.2M | $0 | $0 |
| 2022 | 248 | $5.1M | $0 | $0 |
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 |
|---|---|---|---|---|
| AMERICAN UNITED LIFE INSURANCE CO | Other Service Provider | $125 | $17,156 | $17,281 |
| GALLAGHER BENEFIT SVCS INC | Investment Advisor | $8,281 | — | $8,281 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER BENEFIT SVCS INC — Investment Advisor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $25,562
- Estimated Expense Ratio: 0.495% 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 | $8,406 | $8,281 | $125 | — | — |
| 2023 | $9,653 | $9,466 | $187 | — | — |
| 2022 | $11,486 | $10,727 | $759 | — | — |