Plan Snapshot
- Plan Sponsor: The Polyclinic, PLLC
- Sponsor EIN: 910369070
- Sponsor Address: 9900 BREN ROAD EAST, MINNETONKA, MN, 55343
- Plan Type: 401(k)
- Total Participants: 0
- Total Assets: $0
Key Plan Design Features
- Auto-Enrollment: Yes
- 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. |
|---|---|---|---|---|
| 2023 | 0 | $0 | $0 | $0 |
| 2022 | 1,183 | $291.5M | $6.4M | $8.8M |
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 |
|---|---|---|---|---|
| FIDELITY INVESTMENTS INST OP, LLC | RECORDKEEPER | $27,500 | — | $27,500 |
| VANGUARD | RECORDKEEPER | $26,217 | — | $26,217 |
| BAKER TILLY US, LLP | ACCOUNTANT/ AUDITOR | $18,600 | — | $18,600 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $72,317
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 |
|---|---|---|---|---|---|
| 2023 | $35,731 | — | — | — | — |
| 2022 | $74,817 | — | — | — | — |