Aeon 403(B) Plan — Form 5500 plan (Aeon)

Plain-English plan 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, Aeon 403(B) Plan is a benefit plan reported by Aeon under EIN 41-1558711 and plan number 002. The latest loaded filing year is 2023. The filing reports 303 participants and $6,281,082 in end-of-year plan assets, where available in the loaded dataset.

Form 5500 plan profile · 2023

Key reported metrics

Net assets (EOY)$6.3MPlan net assets, end of year$6,255,664
Participants303Covered participants reported
Assets / participant$20.7KComputed: assets ÷ participants$20,730 (computed)
Provider compensation$21.3K1 Schedule C provider row(s)$21,264
Plan sponsor
Aeon
EIN
41-1558711
Plan number
002
Plan type
2
Location
Minneapolis, MN
Latest filing year
2023

Form 5500 filing history

Filings loaded for this plan
Filing yearParticipantsSchedulesFiling
2023303H, C20240910194859NAL0003240835001
Schedule H · 2023

Reported financial statement

Reported figures as filed, in whole dollars. Only fields the filing reports are shown; others are marked not reported.

Reported balance (end of year)$6.3M total assets
Net assets$6.3MLiabilities$25.4K
Money in vs. money out
Total income / additions$1.6M
Total expenses$1.8M
Benefits paid / distributions$1.7M
Contributions
Employer$0
Participant$546.8K
Full reported line items

Net assets

Total assets (EOY)
$6,281,082
Total liabilities (EOY)
$25,418
Net assets (EOY)
$6,255,664
Net assets (BOY)
$6,433,271

Income & contributions

Employer contributions
$0
Participant contributions
$546,796
Total contributions
$554,395
Total income / additions
$1,648,984

Expenses & distributions

Benefits paid
$1,718,631
Administrative expenses
$107,960
Total expenses
$1,826,591
Net increase / (decrease)
-$177,607
Computed from reported fields

Reported ratios

Derived only from this plan's own reported figures — comparisons within the filing, not benchmarks, estimates, or national averages.

Contribution share (employer vs. participant)
Employer 0%Participant 100%
Total expenses ÷ net assets29%Computed ratio
Benefits paid ÷ total income104%Computed ratio
Provider comp. ÷ net assets0%Computed ratio

Service provider compensation (Schedule C)

Reported service provider compensation
ProviderServiceDirect comp.Indirect comp.Year
Alerus Finanical, N.A.NONE$21,264$02023

Related Form 5500 pages