Plan Snapshot
- Plan Sponsor: Kone INC.
- Sponsor EIN: 362357423
- Sponsor Address: 3333 WARRENVILLE ROAD, SUITE 700, LISLE, IL, 60532
- Plan Type: DB
- Total Participants: 1,769
- Total Assets: $166.4M
Key Plan Design Features
- Auto-Enrollment: No
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: No
- ERISA Section 404(c) Fiduciary Safe Harbor: No
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,769 | $166.4M | $0 | $0 |
| 2023 | 1,709 | $168.1M | $10.6M | $0 |
| 2022 | 1,693 | $158.6M | $17.7M | $0 |
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 |
|---|---|---|---|---|
| AON CONSULTING, INC. | NONE KNOWN | $1,062,395 | — | $1,062,395 |
| AON INVESTMENT USA INC. | NONE KNOWN | $276,163 | — | $276,163 |
| MCDERMOTT WILL & EMERY LLP | NONE KNOWN | $177,478 | — | $177,478 |
| PRINCIPAL TRUST COMPANY | NONE KNOWN | $83,362 | — | $83,362 |
| PLANTE & MORAN, PLLC | NONE KNOWN | $23,300 | — | $23,300 |
| BLOOMING COLOR INC | NONE KNOWN | $17,578 | — | $17,578 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- AON CONSULTING, INC. — NONE KNOWN
- PRINCIPAL TRUST COMPANY — NONE KNOWN
- PLANTE & MORAN, PLLC — NONE KNOWN
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $1,640,276
- Estimated Expense Ratio: 0.986% 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 | $1,640,276 | $980,735 | — | $23,300 | — |
| 2023 | $1,277,674 | $722,855 | — | $36,100 | — |
| 2022 | $1,322,110 | $324,343 | — | — | $997,767 |