Plan Ledger DOL Form 5500 · updated monthly

Iowa Network Services dba Aureon Network Services401(k)

AUREON RETIREMENT SAVINGS PLAN · WEST DES MOINES, IA · plan year 2023

Reported admin expense ratio · 2023
0.12%

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

Iowa Network Services dba Aureon Network Services reported $51,348 in plan administrative expenses for 2023: 0.12% of average plan assets, below the peer median. Employer contributions averaged $2,681 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 rose from 0.11% to 0.24%. The plan sits in the $10M–$50M size bracket, benchmarked here against 26,779 comparable plans and shown alongside other information & media employers. By assets it is the 211th-largest of 878 plans among Iowa employers on file, and the 563rd of 2,199 in information & media. In 2023, employees put in $2.15 for every $1.00 the employer contributed; active participation has shrunk from 434 to 377 since 2022.

Plan summary
Net assets, end of year$45,149,518
Participants with balances442
Active participants377
Employer contributions$1,010,807
Employee contributions$2,169,449
Employer contribution per active participant$2,681
Average account balance$102,148
Benefits paid to participants$7,023,731
Plan auditUnmodified (clean) audit opinion
AuditorUHY LLP
Plan history4
Yearassets · accounts · employer contribution
2025—
2024$42.5M · 450 accts · $964K emplr
2023$45.1M · 442 accts · $1.0M emplr
2022$42.0M · 508 accts · $1.0M emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$45,887
Investment management$5,461
Total administrative$51,348
The Iowa Network Services dba Aureon Network Services 401(k) match · 2023
Employer contribution per active participant$2,681
Median for plans this size$2,440
2024$2,544 per active participant
2023$2,681 per active participant
2022$2,401 per active participant

Iowa Network Services dba Aureon Network Services's 2023 employer contribution ran above the $2,440 median for plans its size. 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20232
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$45,887
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,461

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

Administrative cost history4
2025Not separately reported
2024$106,774 · 0.24%
2023$51,348 · 0.12%
2022$53,737 · 0.11%
Same employer
Similar plansInformation & Media · Iowa
Lee Enterprises, Inc. IA$447.9M · 0.03%
Businessolver.com, Inc. IA$95.8M · 0.26%
Ruffalo Noel Levitz IA$54.6M · 0.13%
Kingland Systems, LLC IA$32.0M · 0.04%

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Source: U.S. Department of Labor, Form 5500 series, EIN 421225512 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.