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Service provider · Schedule C, plan year 2024

Aon Consulting

Most often reported for actuarial

Form 5500 information is as filed by the plan administrator with the Department of Labor and may be amended. Figures reflect the plan year shown, not current balances. Schedule C lists only providers a plan paid $5,000 or more, and is filed only by plans with 100 or more participants.

418plans naming this provider
3,850,449participant records in those plans
$145Mcompensation reported, direct and indirect
$91.12median reported per participant418 plans with an amount

Aon Consulting is named as a service provider on the Schedule C of 418 retirement plans with 100 or more participants for plan year 2024, covering 3,850,449 participant records. Most often it is reported for actuarial.

Reported compensation from those plans, direct and indirect, totalled $145M. Per plan, the median was $91.12 per participant, with the middle half of plans between $20.44 and $199. These are amounts plans reported paying this organisation, not a price list: they depend on which services each plan buys and on how much is paid through fund expenses instead.

Its client plans are most numerous in Illinois (41), Ohio (37) and New Jersey (29).

In 2009 it appeared on 251 such filings; in 2024, 424 (up 69%). Yearly counts include every filing that names it, so they can run slightly above the number of plans with pages here, and name or EIN changes after mergers can break the series.

Reported compensation per plan

Across this provider's plans25th percentileMedian75th percentile
Compensation per participant$20.44$91.12$199
Compensation as a share of plan net assets0.02%0.09%0.28%

What each plan reported paying this organisation, not the plan's total cost. For reference, the median US defined contribution plan reported $123 per participant to all Schedule C providers combined.

Plans served by year

2009: 2512010: 2782011: 2802012: 2542013: 2822014: 3232015: 3362016: 3862017: 4632018: 4872019: 4842020: 4892021: 4622022: 4532023: 4542024: 42425148942420092012201620202024
Plans with 100+ participants naming this provider
2009: $33.3M2010: $31.9M2011: $35.0M2012: $39.5M2013: $51.9M2014: $73.6M2015: $87.1M2016: $91.1M2017: $93.6M2018: $95.7M2019: $104M2020: $126M2021: $128M2022: $127M2023: $138M2024: $145M$33.3M$145M20092012201620202024
Compensation reported by those plans

Matched by employer identification number. A merger or a change of filing entity starts a new series, so a drop to zero is not a loss of clients by itself.

By state

By plan size

Services reported

Actuarial282
Consulting (general)120
Consulting (pension)67
Recordkeeping and information management52
Contract Administrator34
Investment advisory (plan)19

Largest plans naming this provider

PlanSponsorStateParticipantsNet assetsReported to this provider
Macys Inc. 401(k) Retirement Investment PlanMacys, Inc.OH163,125$4.63B$20K
UPS Retirement PlanUnited Parcel Service of America, Inc.GA144,570$21.2B$80K
Tyson Foods, Inc. Retirement Savings PlanTyson Foods, Inc.AR128,426$3.73B$106K
Verizon Savings Plan for Management EmployeesVerizon Communications Inc.NJ119,145$29.4B$464K
State Farm Insurance Companies Retirement Plan for United States EmployeesState Farm Mutual Automobile Insurance CompanyIL114,467$37.7B$190K
Upmc Basic Retirement PlanUpmcPA100,852$3.01B$205K
Truist Financial Corporation Pension PlanTruist Financial CorporationNC92,130$14.7B$7.9M
Aon Pooled Employer PlanAon Consulting, Inc.IL87,813$3.14B$3.4M
Nokia Retirement Income PlanNokia of America CorporationNJ81,332$12.9B$618K
Target Corporation Pension PlanTarget CorporationMN75,775$3.29B$463K
Thermo Fisher Scientific Inc. 401(k) Retirement PlanThermo Fisher Scientific Inc.PA72,605$10.3B$24K
Liberty Mutual Retirement Benefit PlanLiberty Mutual Group Inc.MA71,087$6.25B$1.0M
General Dynamics Corporation 401(k) Plan 6.0General Dynamics CorporationVA68,452$12.4B$157K
Caterpillar 401(k) Savings PlanCaterpillar Inc.TX60,357$18.8B$7,334
Johnson Controls Retirement Savings and Investment PlanJohnson Controls, Inc.WI53,662$7.19B$28K
The Lilly Retirement PlanEli Lilly and CompanyIN49,943$11.8B$440K
Retirement Plan for Employees of Aetna Inc.Aetna Inc.CT49,504$5.19B$261K
HP Inc. Pension PlanHP Inc.TX48,302$4.59B$459K
University of Rochester Retirement ProgramUniversity of RochesterNY47,731$8.00B$17K
The Travelers Pension PlanTravelers Companies, Inc.MN45,786$4.23B$213K
Harris Teeter Supermarkets, Inc. Retirement and Savings PlanHarris Teeter Supermarkets, Inc.NC45,556$1.41B$88K
General Dynamics Corporation 401(k) Qaca PlanGeneral Dynamics CorporationVA45,227$7.91B$87K
Parker Retirement Savings PlanParker Hannifin CorporationOH42,434$9.01B$11K
HSBC - North America (U.S.) Pension PlanHSBC North America Holdings Inc.IL39,143$2.86B$241K
Firstenergy Corp. Master Pension PlanFirstenergy Corp.OH38,934$6.35B$7.5M
University Hospitals Health System, Inc. Retirement PlanUniversity Hospitals Health SystemOH38,884$919M$1.7M
Verizon Pension Plan for AssociatesVerizon Communications Inc.NJ37,982$5.70B$545K
Parker Defined Benefit Pension PlanParker Hannifin CorporationOH37,405$3.40B$407K
Macys Inc. Cash Account Pension PlanMacys Inc.OH36,261$1.88B$826K
UBS 401(k) Plan TrustUBS AGNJ34,848$10.2B$52K
Verizon Management Pension PlanVerizon Corporate Services Group Inc.NJ34,802$1.64B$328K
The Lilly Employee 401(k) PlanEli Lilly and CompanyIN31,411$13.0B$83K
General Dynamics Retirement Plan (Government)General Dynamics CorporationVA28,661$2.68B$3.2M
Peraton Corp. Retirement Savings PlanPeraton Corp.VA26,938$2.52B$211K
General Dynamics Retirement Plan (Electric Boat and Mission Systems)General Dynamics CorporationVA26,451$4.08B$2.8M
Sony USA 401(k) PlanSony Corporation of AmericaNY25,938$6.21B$10K
Jefferson Defined Benefit PlanThomas Jefferson UniversityPA25,167$2.08B$254K
Shell Provident FundShell USA, Inc.TX24,265$11.5B$30K
Morgan Stanley Employees Retirement PlanMorgan Stanley Domestic Holdings, LLCNY23,726$2.03B$109K
Marathon Petroleum Retirement PlanMarathon Petroleum Company LPOH23,452$2.21B$251K

Questions and answers

How many plans does Aon Consulting serve?

418 plans with 100 or more participants named it on Schedule C for plan year 2024. Plans that paid it under $5,000, small plans that file Form 5500-SF, and plans whose filings spell its name without an EIN under a different form are not counted.

What do plans pay Aon Consulting?

The median plan reported $91.12 per participant in direct and indirect compensation (418 plans reporting an amount), or 0.09% of plan net assets. Eligible indirect compensation disclosed to the plan by formula is not reported as a dollar amount, so many filings understate what a provider receives.

What services are reported?

The service codes most often attached to it are Actuarial (282 plans), Consulting (general) (120 plans), Consulting (pension) (67 plans) and Recordkeeping and information management (52 plans).

Where does this come from?

Schedule C of Form 5500, Part I line 2, from the EBSA research files with filings received through 24 Aug 2026. Individuals named on Schedule C are excluded from this site.

Provenance

Source: U.S. Department of Labor, Employee Benefits Security Administration, Form 5500 research files, Schedule C Part I line 2, public domain, with filings received through 24 Aug 2026. Rows are grouped by the provider's EIN as entered by each plan; rows without an EIN join the EIN most often filed under the same name. Providers named on fewer than 25 plans have no page. See the methodology and corrections.