Plan Snapshot
- Plan Sponsor: Beacon Mobility Corp.
- Sponsor EIN: 465084167
- Sponsor Address: 3700 EMBASSY PARKWAY SUITE 500, AKRON, OH, 44333
- Plan Type: 401(k)
- Total Participants: 9,731
- Total Assets: $89.4M
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 | 9,731 | $89.4M | $4.7M | $9.1M |
| 2023 | 255 | $4.9M | $365,929 | $758,422 |
| 2022 | 2,953 | $39.8M | $2.6M | $4.5M |
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 |
|---|---|---|---|---|
| EMPOWER ANNUITY INSURANCE COMPANY O | RECORDKEEPER | $223,156 | — | $223,156 |
| CREATIVE PLANNING LLC | INVESTMENT ADVISOR | $78,287 | — | $78,287 |
| EMPOWER ADVISORY GROUP, LLC | INVESTMENT MGMT | $22,352 | — | $22,352 |
| MEADEN & MOORE LTD | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- MEADEN & MOORE LTD — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $323,795
- Estimated Expense Ratio: 0.362% 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 | $324,870 | $100,639 | — | — | — |
| 2023 | $17,602 | — | $17,602 | — | — |
| 2022 | $121,557 | — | $121,557 | — | — |