Plan Snapshot
- Plan Sponsor: Nuaire, INC.
- Sponsor EIN: 410974188
- Sponsor Address: 2100 FERNBROOK LANE, PLYMOUTH, MN, 55447
- Plan Type: 401(k)
- Plan Number: 001
- Total Participants: 244
- Total Assets: $34.3M
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 | 244 | $34.3M | $478,952 | $955,790 |
| 2023 | 240 | $34.3M | $461,440 | $942,515 |
| 2022 | 258 | $29.3M | $454,939 | $909,680 |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | Recordkeeper | $34,367 | — | $34,367 |
| KESTRA ADVISORY SERVICES LLC | Investment Advisor | $32,411 | — | $32,411 |
| CLIFTONLARSONALLEN LLP | Auditor | $9,712 | — | $9,712 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- KESTRA ADVISORY SERVICES LLC — Investment Advisor
- CLIFTONLARSONALLEN LLP — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $76,490
- Estimated Expense Ratio: 0.223% 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 | $80,517 | $36,438 | — | — | — |
| 2023 | $73,366 | $31,918 | — | — | — |
| 2022 | $41,346 | $22,723 | $8,505 | — | — |