Cirtec Medical Corporation 401(K) Plan — Form 5500 plan (Cirtec Medical Corporation)

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, Cirtec Medical Corporation 401(K) Plan is a benefit plan reported by Cirtec Medical Corporation under EIN 85-2716261 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,196 participants and $41,365,187 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Cirtec Medical Corporation
EIN
85-2716261
Plan number
002
Plan type
2
Location
Brooklyn Park, MN
Latest filing year
2023
Participants
1,196
End-of-year plan assets
$41,365,187

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
20231,196H, C20241010143653NAL0020347969001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$41,365,187
Total liabilities (EOY)
$0
Net assets (EOY)
$41,365,187
Net assets (BOY)
$29,088,953

Income & contributions

Employer contributions
$2,238,979
Participant contributions
$6,247,014
Total contributions
$10,355,278
Total income / additions
$16,085,947

Expenses & distributions

Benefits paid
$3,563,159
Administrative expenses
$165,777
Total expenses
$3,809,713
Net increase / (decrease)
$12,276,234

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Stancorp Financial GroupNONE$138,555$02023
The StandardRECORDKEEPER$53,262not reported in the loaded dataset2023
Global Retirement PartnersINVESTMENT ADVISORY PLAN$31,331not reported in the loaded dataset2023
California Retirement PlansTHIRD PARTY ADMIN$27,222not reported in the loaded dataset2023
SchwabCUSTODIAL SHAREHOLDER$10,358$02023

Related Form 5500 pages