Plan Snapshot
- Plan Sponsor: Norwood Medical, LLC
- Sponsor EIN: 311013821
- Sponsor Address: 2122 WINNERS CIRCLE, DAYTON, OH, 45404
- Plan Type: 401(k)
- Total Participants: 1,154
- Total Assets: $70.4M
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 | 1,154 | $70.4M | $1.1M | $4.8M |
| 2023 | 1,200 | $63.9M | $1.2M | $4.7M |
| 2022 | 1,218 | $54.3M | $1.1M | $4.5M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US LLP — Auditor
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 | $91,420 | $45,880 | $300 | — | — |
| 2023 | $78,315 | $39,020 | $1,200 | — | — |
| 2022 | $107,781 | $39,792 | — | — | — |