Plan Snapshot
- Plan Sponsor: Nonin Medical, INC.
- Sponsor EIN: 411560886
- Sponsor Address: 13700 1ST AVENUE NORTH, PLYMOUTH, MN, 554415443
- Plan Type: 401(k)
- Total Participants: 140
- Total Assets: $26.2M
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 | 140 | $26.2M | $446,702 | $1.6M |
| 2023 | 140 | $24.2M | $492,646 | $1.5M |
| 2022 | 140 | $22.5M | $367,936 | $1.5M |
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 |
|---|---|---|---|---|
| SCHECHTER DOKKEN KANTER | Auditor | — | — | $0 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
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 | $81,181 | $27,000 | $17,500 | — | — |
| 2023 | $61,225 | $26,975 | — | — | — |
| 2022 | $76,549 | $26,970 | $49,579 | — | — |