2023 Form 5500 filing — Cion 401(K) Savings Plan
Plain-English filing summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, this is the 2023 Form 5500 filing (EFAST2 acknowledgement 20241012110134NAL0024412625001) for Cion 401(K) Savings Plan, reported by Cion Investment Group LLC under EIN 45-3275112 and plan number 002. It reports 139 participants. Attached schedules in the loaded dataset include Schedule H (large plan financials), Schedule C (service provider compensation).
- EFAST2 acknowledgement
- 20241012110134NAL0024412625001
- Filing year
- 2023
- Form type
- 2
- Plan sponsor
- Cion Investment Group LLC
- EIN
- 45-3275112
- Plan number
- 002
- Location
- New York, NY
- Participants
- 139
- Schedules available
- Schedule H, Schedule C
- Received date
- not reported in the loaded dataset
Reported financial snapshot (2023)
- Total assets (EOY)
- $13,363,496
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $13,363,496
- Employer contributions
- $0
- Participant contributions
- $1,229,090
- Total income / additions
- $3,454,147
- Benefits paid
- $1,051,746
- Administrative expenses
- $67,434
- Total expenses
- $1,119,281
- Net increase / (decrease)
- $2,334,866
- Schedule source
- Schedule H
Reported service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. |
|---|---|---|---|
| Hpm Partners | ADVISOR | $50,517 | not reported in the loaded dataset |
| Newport Group, Inc. | RECORD-KEEPER | $12,185 | $0 |