Plan Ledger DOL Form 5500 · updated monthly

Aon Consulting, Inc.401(k)

AON POOLED EMPLOYER PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.32%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Aon Consulting, Inc. reported $7,664,546 in plan administrative expenses for 2024: 0.32% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,707 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.43% to 0.32%. The plan sits in the over $1B size bracket, benchmarked here against 1,229 comparable plans and shown alongside other finance & insurance employers. By assets it is the 30th-largest of 3,702 plans among Illinois employers on file, and the 69th of 4,798 in finance & insurance. In 2024, employees put in $1.73 for every $1.00 the employer contributed; active participation has grown from 25,018 to 74,793 since 2022.

Plan summary
Net assets, end of year$3,138,698,069
Participants with balances51,344
Active participants74,793
Employer contributions$127,659,816
Employee contributions$220,776,225
Employer contribution per active participant$1,707
Average account balance$61,131
Benefits paid to participants$279,796,086
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$3.1B · 51,344 accts · $127.7M emplr
2023$1.7B · 27,946 accts · $52.9M emplr
2022$664.5M · 14,607 accts · $27.8M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$5,087,326
Investment management$2,294,500
Total administrative$7,664,546
The Aon Consulting, Inc. 401(k) match · 2024
Employer contribution per active participant$1,707
Median for plans this size$5,259
2024$1,707 per active participant
2023$1,090 per active participant
2022$1,110 per active participant

Aon Consulting, Inc.'s 2024 employer contribution ran below the $5,259 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20247
VOYA INSTITUTIONAL PLAN SERVICES · Recordkeeping · Loan processing$3,601,877
AON CONSULTING · Plan administrator · Investment management$3,439,987
VOYA RETIREMENT ADVISORS, LLC · Investment advisory (participants)$469,572
CAPTRUST$19,165
MERCER US$7,434
MALONEY & NOVOTNY LLC$5,800
CHARLES SCHWAB · Securities brokerage$4,514

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024Voya
2023Voya

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$7,664,546 · 0.32%
2023$3,846,945 · 0.33%
2022$2,004,189 · 0.43%
Similar plansFinance & Insurance · Illinois
Hub International Limited IL$1.6B · 0.15%

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Source: U.S. Department of Labor, Form 5500 series, EIN 222232264 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.