Innovia Medical 401k Plan — Form 5500 plan (Summit Medical, LLC.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Innovia Medical 401k Plan is a benefit plan reported by Summit Medical, LLC. under EIN 27-3648857 and plan number 001. The latest loaded filing year is 2023. The filing reports 165 participants and $7,922,451 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Summit Medical, LLC.
- EIN
- 27-3648857
- Plan number
- 001
- Plan type
- 2
- Location
- St. Paul, MN
- Latest filing year
- 2023
- Participants
- 165
- End-of-year plan assets
- $7,922,451
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 165 | H, C | 20240827110118NAL0006042995001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $7,922,451
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $7,922,451
- Net assets (BOY)
- $6,510,982
Income & contributions
- Employer contributions
- $298,438
- Participant contributions
- $750,014
- Total contributions
- $1,166,715
- Total income / additions
- $2,147,826
Expenses & distributions
- Benefits paid
- $694,447
- Administrative expenses
- $37,588
- Total expenses
- $736,357
- Net increase / (decrease)
- $1,411,469
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Empower Annuity Ins Company Of Amer | RECORDKEEPER | $39,513 | $0 | 2023 |
| Hauser Retirement Solutions LLC | INVESTMENT ADVISOR | $16,257 | not reported in the loaded dataset | 2023 |
| The Angell Pension Group Inc | CONTRACT ADMINISTRATOR | $7,386 | $5,429 | 2023 |
| Empower Advisory Group, LLC | INVESTMENT MGMT | $5 | not reported in the loaded dataset | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Summit Medical, LLC.
- 2023 Form 5500 filing
- Form 5500 filings in MN
- 401(k) and benefit plan filings in St. Paul, MN
- Empower Annuity Ins Company Of Amer — Schedule C compensation
- Hauser Retirement Solutions LLC — Schedule C compensation
- The Angell Pension Group Inc — Schedule C compensation
- Empower Advisory Group, LLC — Schedule C compensation