Plan Snapshot
- Plan Sponsor: Omnetics Connector Corporation
- Sponsor EIN: 411514405
- Sponsor Address: 8840 EVERGREEN BLVD, MINNEAPOLIS, MN, 55433
- Plan Type: 401(k)
- Total Participants: 399
- Total Assets: $51.7M
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 | 399 | $51.7M | $1.5M | $2.7M |
| 2023 | 423 | $44.1M | $1.4M | $2.5M |
| 2022 | 385 | $36.2M | $1.3M | $2.2M |
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 |
|---|---|---|---|---|
| BOULAY PLLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BOULAY PLLP — 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 | $100,111 | $83,324 | $16,787 | — | — |
| 2023 | $90,947 | $78,374 | $12,573 | — | — |
| 2022 | $86,401 | $69,541 | $16,860 | — | — |