Plan Snapshot
- Plan Sponsor: Olmsted Medical Center
- Sponsor EIN: 410855367
- Sponsor Address: 1650 FOURTH STREET SE, ROCHESTER, MN, 55904
- Plan Type: DC
- Total Participants: 1,429
- Total Assets: $303.4M
Key Plan Design Features
- Auto-Enrollment: No
- 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 | 1,429 | $303.4M | $8.2M | $11.5M |
| 2023 | 1,364 | $269.8M | $6.4M | $10.5M |
| 2022 | 1,340 | $230.9M | $3.4M | $9.6M |
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 |
|---|---|---|---|---|
| CLIFTONLARSONALLEN, LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- CLIFTONLARSONALLEN, 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 | $258,303 | — | $2,100 | — | — |
| 2023 | $258,464 | $145,522 | $2,400 | — | — |
| 2022 | $262,647 | — | — | — | — |