Plan Snapshot
- Plan Sponsor: Medela LLC
- Sponsor EIN: 363098932
- Sponsor Address: 1101 CORPORATE DRIVE, MCHENRY, IL, 600507006
- Plan Type: 401(k)
- Total Participants: 450
- Total Assets: $71.8M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 450 | $71.8M | $1.5M | $3.3M |
| 2023 | 425 | $63.7M | $1.7M | $3.6M |
| 2022 | 484 | $59.4M | $1.7M | $3.8M |
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 |
|---|---|---|---|---|
| PRINCIPAL LIFE INSURANCE COMPANY | CONTRACT ADMINISTRATOR | $92,577 | — | $92,577 |
| HUNTER BENEFITS CONSULTING GROUP | OTHER SERVICES | — | $25,000 | $25,000 |
| ERNST & YOUNG, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- ERNST & YOUNG, LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $117,577
- Estimated Expense Ratio: 0.164% 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 | $92,577 | — | $92,577 | — | — |
| 2023 | $84,489 | — | $84,489 | — | — |
| 2022 | $86,657 | — | $86,657 | — | — |