401(k)
2023 plan-year 401(k) DOL Form 5500

Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan

ERISA Form 5500 plan record drawn from DOL EBSA — verify with linked source filings below.

Sponsored by Cardiovascular Systems, Inc. · Minnesota · Manufacturing

What the 2023 filing shows

Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan holds $37K for 741 participants — about $50 per participant, down 99.9% over the 2023 plan year.

$37K
total plan assets (2023 EOY)
741
covered participants
$50
avg assets per participant
-99.9%
assets change YoY

The plan reported a net loss of $54M for the year — a single-year figure driven by markets and benefit payments, not a measure of plan health.

Total Assets (2023)
$37K
Participants
741
State
Industry
Manufacturing

What the Filing Says About Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan

Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan is a 401(k) retirement plan sponsored by Cardiovascular Systems, Inc., headquartered in Minnesota. As of the 2023 Form 5500 filing, the plan reports $37K in total end-of-year assets and covers 741 participants across the Manufacturing industry. The sponsor's EIN on file with the U.S. Department of Labor is 411698056, and the plan has been effective since 2003-01-01. Its filing status is currently FILING RECEIVED.

Year over year, total assets moved from $54M at the beginning of 2023 to $37K at year-end — a decline of 99.9%. Net assets (after liabilities) closed the year at $37K, with reported net income of $-53,771,416 driven by investment returns, contributions received, and benefit payments during the period. These figures reflect what the plan administrator certified on Schedule H or Schedule I of the Form 5500 annual return and can be compared against 2 prior plan-year filings from the same sponsor shown below.

Asset totals and participant counts reflect a single plan year snapshot and can change materially with market conditions, plan mergers, or workforce changes. Fields such as "net income" include both realized investment performance and contribution/distribution flows — a single-year figure does not by itself indicate plan health or participant outcomes. This page summarizes public DOL disclosures for research and educational purposes only and is not retirement, tax, legal, or financial advice. Before making decisions about your own retirement benefits or evaluating an employer's plan, verify the underlying filing directly via the DOL EFAST2 system and consult a qualified professional.

Financial Summary (2023)

Total Assets (Beginning of Year)$54M
Total Assets (End of Year)$37K
Net Assets (End of Year)$37K
Net Income$-53,771,416
Plan Type401(k)
Employer EIN411698056
Plan Effective Date2003-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Cardiovascular Systems, Inc.)

Year Plans Participants Total Assets
2022 1 765 $54M
2023 1 741 $37K
2024 1 N/A N/A

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans — same state, same plan type — ranked by total assets.

Frequently Asked Questions

How much money is in the Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan?
As of the 2023 Form 5500 filing, Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan holds $37K in total assets with 741 participants. It is sponsored by Cardiovascular Systems, Inc..
What type of plan is Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan?
Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan is a 401(k) plan. It has been effective since 2003-01-01. The plan is filed with the U.S. Department of Labor under EIN 411698056.
Who sponsors the Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan?
Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan is sponsored by Cardiovascular Systems, Inc., located in Minnesota. The sponsor's EIN is 411698056 and the plan operates in the Manufacturing industry.
How did Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan perform in 2023?
Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan declined by 99.9% during 2023, moving from $54M to $37K in total assets. Net income was $-53,771,416.
Where can I find official filings for Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan?
Official Form 5500 filings for Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan are available through the U.S. Department of Labor's EFAST2 system. Search by EIN 411698056 or plan name at efast.dol.gov.
How does Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan compare to other plans?
You can compare Cardiovascular Systems, Inc. 401(k) Profit Sharing Plan against other 401(k) plans on the plan type page, or view plans in Minnesota on the state page. PlainRetire tracks the 5,000 largest retirement plans in the U.S. by total assets.

Explore PlainRetire

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) — original filing retrieval by EIN 411698056.

Reference: IRS Publication 560 — Retirement Plans for Small Business, contribution-limit rules.

Reference: IRS Publication 590-B — Distributions from IRAs, RMD rules under SECURE Act 2.0.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.