Plan Snapshot
- Plan Sponsor: Handi Medical Supply, INC.
- Sponsor EIN: 411668164
- Sponsor Address: 2505 UNIVERSITY AVENUE WEST, ST. PAUL, MN, 55114
- Plan Type: 401(k)
- Total Participants: 130
- Total Assets: $6.0M
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 | 130 | $6.0M | $124,733 | $507,629 |
| 2023 | 129 | $5.1M | $68,098 | $458,844 |
| 2022 | 122 | $5.1M | $57,792 | $419,536 |
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 |
|---|---|---|---|---|
| MHS ADVISORY SERVICES LLC DBA | INVESTMENT ADVISOR | $19,603 | — | $19,603 |
| EMPOWER ANNUITY INSURANCE COMPANY | RECORDKEEPER | $14,873 | — | $14,873 |
| TSC 401K | CONTRACT ADMIN | $10,595 | — | $10,595 |
| COPELAND BUHL & COMPANY PLLP | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $45,071
- Estimated Expense Ratio: 0.748% 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 | $43,283 | $5,680 | — | — | — |
| 2023 | $34,573 | $340 | — | — | — |
| 2022 | $37,081 | $37,081 | — | — | — |