Plan Snapshot
- Plan Sponsor: Mngi Digestive Health, P.A.
- Sponsor EIN: 411251064
- Sponsor Address: 3001 BROADWAY STREET NE, MINNEAPOLIS, MN, 55413
- Plan Type: 401(k)
- Total Participants: 1,033
- Total Assets: $257.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- Participant Loans: Yes
- 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 | 1,033 | $257.3M | $9.2M | $9.0M |
| 2023 | 924 | $221.2M | $8.2M | $8.2M |
| 2022 | 788 | $179.6M | $7.1M | $6.9M |
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 |
|---|---|---|---|---|
| ACCREDITED INVESTORS INC | NONE | $41,733 | — | $41,733 |
| EISNERAMPER LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- EISNERAMPER LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $41,733
- Estimated Expense Ratio: 0.016% 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 | $199,948 | — | — | — | — |
| 2023 | $183,627 | — | — | — | — |
| 2022 | $164,885 | — | — | — | — |