# Promed Molded Products, INC. Health & Welfare Plan
Source: https://planprovider.pro/companies/promed-molded-products-inc-411635956-504

> Promed Molded Products, INC.'s Health & Welfare plan: 151 participants, plan year 2024 financials, providers, and benchmarks from Form 5500.

Form 5500 filing data for plan year 2024.

## Plan Snapshot

- **Plan Sponsor:** Promed Molded Products, INC.

- **Sponsor EIN:** 411635956

- **Sponsor Address:** 15600 MEDINA ROAD, PLYMOTH, MN, 55447

- **Plan Type:** Health & Welfare

- **Plan Number:** 504

- **Total Participants:** 151

- **Total Assets:** $794,820

## Key Plan Design Features

- **Auto-Enrollment:** No

- **Auto-Escalation:** No

- **Allows Roth Contributions:** No

- **Participant Loans:** No

- **Participant-Directed Investments:** No

- **ERISA Section 404(c) Fiduciary Safe Harbor:** No

## Plan Financials by Year

| Year|Participants|Total Assets|Employer Contrib.|Employee Contrib.|

| 2024|151|$794,820|$0|$0|

| 2023|189|$806,601|$0|$0|

| 2022|164|$826,732|$0|$0|

## 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|

| BPAS|Recordkeeper|$14,499|—|$14,499|

### Verified Provider Profiles

Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:

- [BPAS](https://planprovider.pro/provider/bpas) — Recordkeeper

## Plan Fees & Expenses

Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.

- **Total Service Provider Fees:** $14,499

- **Estimated Expense Ratio:** 1.824% 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|$14,499|—|$14,499|—|—|

| 2023|$8,799|—|$8,799|—|—|

| 2022|$8,608|—|—|—|—|

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[View full interactive plan profile on PlanProvider.Pro](https://planprovider.pro/companies/promed-molded-products-inc-411635956-504)

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