Plan Snapshot
- Plan Sponsor: Arona Corporation
- Sponsor EIN: 421455271
- Sponsor Address: 1001 GRAND AVE., WEST DES MOINES, IA, 50265
- Plan Type: 401(k)
- Total Participants: 546
- Total Assets: $15.0M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- 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 | 546 | $15.0M | $386,669 | $927,100 |
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 |
|---|---|---|---|---|
| NORTHWESTERN MUT WEALTH MGMT CO | Investment Advisor | $23,430 | — | $23,430 |
| QUALIFIED PLAN CONSULTANTS, LLC | Recordkeeper | $15,377 | — | $15,377 |
| EMPOWER ANNUITY INS CO OF AMERICA | Recordkeeper | $14,788 | — | $14,788 |
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $53,595
- Estimated Expense Ratio: 0.357% of plan assets
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 | $56,539 | $46,440 | $10,099 | — | — |