Plan Snapshot
- Plan Sponsor: Aeon
- Sponsor EIN: 411558711
- Sponsor Address: 901 N. 3RD STREET STE 150, MINNEAPOLIS, MN, 55401
- Plan Type: 401(k)
- Total Participants: 221
- Total Assets: $7.3M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: Yes
- Allows Roth Contributions: No
- 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 | 221 | $7.3M | $223,894 | $541,048 |
| 2023 | 229 | $6.3M | $0 | $546,796 |
| 2022 | 236 | $6.4M | $273,415 | $578,541 |
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 |
|---|---|---|---|---|
| MAHONEY | 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 | $24,042 | $17,676 | $6,366 | — | — |
| 2023 | $107,960 | $16,010 | $5,384 | — | — |
| 2022 | $22,880 | $17,023 | $5,857 | — | — |