Plan Snapshot
- Plan Sponsor: Cion Investment Group LLC
- Sponsor EIN: 453275112
- Sponsor Address: 100 PARK AVENUE, NEW YORK, NY, 10017
- Plan Type: 401(k)
- Total Participants: 79
- Total Assets: $16.6M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: Yes
- 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 | 79 | $16.6M | $447,161 | $1.3M |
| 2023 | 81 | $13.4M | $0 | $1.2M |
| 2022 | 82 | $11.0M | $0 | $1.2M |
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 |
|---|---|---|---|---|
| RSM US LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- RSM US 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 | $108,652 | $86,667 | $21,985 | — | — |
| 2023 | $67,434 | $50,517 | $10,027 | — | — |
| 2022 | $69,220 | $50,029 | $14,658 | — | $4,533 |