Inspire Medical Systems, Inc. 401(K) Plan — Form 5500 plan (Inspire Medical Systems, Inc.)

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, Inspire Medical Systems, Inc. 401(K) Plan is a benefit plan reported by Inspire Medical Systems, Inc. under EIN 26-1377674 and plan number 001. The latest loaded filing year is 2023. The filing reports 773 participants and $55,706,010 in end-of-year plan assets, where available in the loaded dataset.

Key reported metrics

Plan sponsor
Inspire Medical Systems, Inc.
EIN
26-1377674
Plan number
001
Plan type
2
Location
Golden Valley, MN
Latest filing year
2023
Participants
773
End-of-year plan assets
$55,706,010

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023773H, C20241007122342NAL0015154817001

Reported financial statement (2023 · Schedule H)

Net assets

Total assets (EOY)
$55,706,010
Total liabilities (EOY)
$20,049
Net assets (EOY)
$55,685,961
Net assets (BOY)
$29,022,945

Income & contributions

Employer contributions
$4,185,665
Participant contributions
$11,617,892
Total contributions
$21,616,918
Total income / additions
$28,944,117

Expenses & distributions

Benefits paid
$2,143,535
Administrative expenses
$121,088
Total expenses
$2,281,101
Net increase / (decrease)
$26,663,016

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Empower Annuity Ins Co Of AmericaRECORDKEEPER$84,542$02023
Empower Advisory Group, LLCINVESTMENT MANAGEMENT$36,546not reported in the loaded dataset2023
Tsc 401kCONTRACT ADMIN$0$8332023

Related Form 5500 pages