Plan Snapshot
- Plan Sponsor: On INC.
- Sponsor EIN: 464050399
- Sponsor Address: 1250 NW 9TH AVE. 5TH FLOOR, PORTLAND, OR, 97209
- Plan Type: 401(k)
- Total Participants: 698
- Total Assets: $17.5M
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 | 698 | $17.5M | $1.9M | $2.7M |
| 2023 | 449 | $11.1M | $1.3M | $2.0M |
| 2022 | 343 | $5.9M | $906,652 | $1.3M |
| 2018 | 50 | $511,235 | $116,040 | $171,552 |
| 2017 | 29 | $263,075 | $42,727 | $94,008 |
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 |
|---|---|---|---|---|
| DELAP LLP | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- DELAP 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 | $9,970 | $9,970 | — | — | — |
| 2023 | $31,269 | $28,169 | — | — | — |
| 2022 | $29,467 | $13,197 | $16,270 | — | — |
| 2018 | — | — | — | — | — |
| 2017 | — | — | — | — | — |