Plan Snapshot
- Plan Sponsor: Intricon INC.
- Sponsor EIN: 411305251
- Sponsor Address: 1260 RED FOX RD, ARDEN HILLS, MN, 55112
- Plan Type: 401(k)
- Total Participants: 397
- Total Assets: $37.2M
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 | 397 | $37.2M | $777,492 | $2.8M |
| 2023 | 434 | $35.9M | $811,248 | $2.8M |
| 2022 | 442 | $34.3M | $790,184 | $2.7M |
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 |
|---|---|---|---|---|
| GALLAGHER FIDUCIARY ADVISORS LLC | INVESTMENT ADVISORY | $37,500 | — | $37,500 |
| FIDELITY INVESTMENTS INSTITUTIONAL | RECORDKEEPER | $32,239 | — | $32,239 |
| DELOITTE & TOUCHE LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- GALLAGHER FIDUCIARY ADVISORS LLC — INVESTMENT ADVISORY
- FIDELITY INVESTMENTS INSTITUTIONAL — RECORDKEEPER
- DELOITTE & TOUCHE LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $69,739
- Estimated Expense Ratio: 0.187% 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 | $69,739 | $37,500 | $300 | — | — |
| 2023 | $63,436 | $50,000 | $600 | — | — |
| 2022 | $29,429 | — | — | — | — |