Plan Snapshot
- Plan Sponsor: Balon Corporation
- Sponsor EIN: 730745177
- Sponsor Address: 3245 SOUTH HATTIE AVENUE, OKLAHOMA CITY, OK, 73129
- Plan Type: 401(k)
- Total Participants: 1,098
- Total Assets: $106.3M
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 | 1,098 | $106.3M | $2.2M | $5.7M |
| 2023 | 1,013 | $95.5M | $2.2M | $5.5M |
| 2022 | 1,036 | $81.0M | $2.1M | $5.1M |
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 |
|---|---|---|---|---|
| PICKETT, CHANNEY & MCMULLEN LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- PICKETT, CHANNEY & MCMULLEN LLP — Auditor
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 | $57,725 | — | $14,046 | — | — |
| 2023 | $48,838 | — | $48,838 | — | — |
| 2022 | $45,124 | — | $45,124 | — | — |