# Metropolitan Cardiology Consultants P.A. 401(k) Plan
Source: https://planprovider.pro/companies/metropolitan-cardiology-consultants-p-a-401k-plan

> Metropolitan Cardiology Consultants P.A.'s 401(k) plan: 263 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Metropolitan Cardiology Consultants P.A.

- **Sponsor EIN:** 411787141

- **Sponsor Address:** 4040 COON RAPIDS BLVD NW STE 120, COON RAPIDS, MN, 554334568

- **Plan Type:** 401(k)

- **Total Participants:** 263

- **Total Assets:** $91.7M

## 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|263|$91.7M|$2.6M|$2.3M|

| 2023|245|$79.1M|$2.2M|$2.1M|

| 2022|240|$67.4M|$2.0M|$2.0M|

## 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|

| ASCENSUS HOLDINGS INC|CONTRACT ADMIN|—|$10,000|$10,000|

| BOYUM & BARENSCHEER, PLLP|Auditor|—|—|$0|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BOYUM & BARENSCHEER, PLLP](https://planprovider.pro/provider/boyum-and-barenscheer-pllp) — Auditor

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $10,000

- **Estimated Expense Ratio:** 0.011% 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|-$22,343|—|-$22,343|—|—|

| 2023|-$32,638|—|-$32,638|—|—|

| 2022|$1,550|—|$1,550|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/metropolitan-cardiology-consultants-p-a-401k-plan)

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