Plan Ledger DOL Form 5500 · updated monthly

Neon One LLC401(k)

NEON ONE LLC 401(K) PLAN · CHICAGO, IL · plan year 2024

Reported admin expense ratio · 2024
0.28%

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

Neon One LLC reported $18,033 in plan administrative expenses for 2024: 0.28% of average plan assets, below the peer median. Employer contributions averaged $2,329 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 0.06% to 0.28%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Illinois (2,705th of 3,702), and 8,987th of 11,654 in professional & technical services. In 2024, employees put in $3.10 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$7,198,730
Participants with balances200
Active participants147
Employer contributions$342,336
Employee contributions$1,060,436
Employer contribution per active participant$2,329
Average account balance$35,994
Benefits paid to participants$1,026,659
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$7.2M · 200 accts · $342K emplr
2023$5.7M · $441K emplr
2022$4.0M · 265 accts · $334K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$18,033
Total administrative$18,033
The Neon One LLC 401(k) match · 2024
Employer contribution per active participant$2,329
Median for plans this size$1,313
2024$2,329 per active participant
2023$2,922 per active participant
2022$2,243 per active participant

Neon One LLC's 2024 employer contribution ran above the $1,313 median for plans its size, placing it in the top 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 · 20242
ADP, INC. · Loan processing · Recordkeeping$18,032
ADP, INC. · Loan processing · Recordkeeping$18,032

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

Recordkeeper by year2
2024ADP
2023Vanguard

This plan has changed recordkeepers within these filings. If you left Neon One LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$18,033 · 0.28%
2023$2,685 · 0.06%
2022$2,540 · 0.06%
Same employer
Similar plansProfessional & Technical Services · Illinois
Objective Paradigm LLC IL$7.5M · 0.68%
Remprex, LLC IL$7.4M · 1.96%

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Source: U.S. Department of Labor, Form 5500 series, EIN 342005758 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.