Plan Snapshot
- Plan Sponsor: Utah Medical Products, INC.
- Sponsor EIN: 870342734
- Sponsor Address: 7043 SOUTH 300 WEST, MIDVALE, UT, 84047
- Plan Type: 401(k)
- Total Participants: 107
- Total Assets: $10.8M
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 | 107 | $10.8M | $109,534 | $428,816 |
| 2023 | 119 | $11.1M | $108,955 | $409,369 |
| 2022 | 118 | $9.4M | $98,133 | $387,701 |
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 |
|---|---|---|---|---|
| VALENTINE AND CALDWELL CPAS, PC | Auditor | — | — | $0 |
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 | $200 | — | — | — | — |
| 2023 | $325 | — | — | — | — |
| 2022 | $250 | — | — | — | — |