Commoneo 401(K) Plan — Form 5500 plan (Commoneo, LLC)
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, Commoneo 401(K) Plan is a benefit plan reported by Commoneo, LLC under EIN 46-4033009 and plan number 001. The latest loaded filing year is 2023. The filing reports 722 participants and $1,624,846 in end-of-year plan assets, where available in the loaded dataset.
Form 5500 plan profile · 2023
Key reported metrics
Net assets (EOY)$1.6MPlan net assets, end of year$1,624,846
Participants722Covered participants reported
Assets / participant$2.3KComputed: assets ÷ participants$2,250 (computed)
Provider compensation$20.9K1 Schedule C provider row(s)$20,877
- Plan sponsor
- Commoneo, LLC
- EIN
- 46-4033009
- Plan number
- 001
- Plan type
- 2
- Location
- Shelby Township, MI
- Latest filing year
- 2023
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 722 | H, C | 20241015081317NAL0014232403001 |
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)$1.6M total assets
Net assets$1.6MLiabilities$0
Full reported line items
Net assets
- Total assets (EOY)
- $1,624,846
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $1,624,846
- Net assets (BOY)
- $813,920
Income & contributions
- Participant contributions
- $658,910
- Total contributions
- $882,177
- Total income / additions
- $1,050,416
Expenses & distributions
- Benefits paid
- $217,889
- Administrative expenses
- $20,877
- Total expenses
- $239,490
- Net increase / (decrease)
- $810,926
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.
Total expenses ÷ net assets15%Computed ratio
Benefits paid ÷ total income21%Computed ratio
Provider comp. ÷ net assets1%Computed ratio
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Employee Fiduciary, LLC | RECORDKEEPER | $20,877 | not reported in the loaded dataset | 2023 |