Plan Ledger DOL Form 5500 · updated monthly

Comnet Communications, LLC401(k)

COMNET COMMUNICATIONS, LLC EMPLOYEE BENEFIT PLAN · BETHEL, CT · plan year 2024

Reported admin expense ratio · 2024
0.23%

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

Comnet Communications, LLC reported $77,553 in plan administrative expenses for 2024: 0.23% of average plan assets, below the peer median. Employer contributions averaged $1,726 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 0.45% to 0.23%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other construction employers. By assets it is the 383rd-largest of 1,106 plans among Connecticut employers on file, and the 1,387th of 5,337 in construction. In 2024, employees put in $2.61 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$34,584,319
Participants with balances430
Active participants321
Employer contributions$554,050
Employee contributions$1,447,904
Employer contribution per active participant$1,726
Average account balance$80,429
Benefits paid to participants$3,568,204
Plan auditUnmodified (clean) audit opinion
AuditorRSM LLP
Plan history3
Yearassets · accounts · employer contribution
2024$34.6M · 430 accts · $554K emplr
2023$31.6M · 404 accts · $511K emplr
2022$27.1M · 461 accts · $550K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$27,357
Investment management$50,196
Total administrative$77,553
The Comnet Communications, LLC 401(k) match · 2024
Employer contribution per active participant$1,726
Median for plans this size$2,416
2024$1,726 per active participant
2023$1,632 per active participant
2022$1,571 per active participant

Comnet Communications, LLC's 2024 employer contribution ran below the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$27,357
EMPOWER ADVISORY GROUP, LLC · Investment management$1,518

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

Administrative cost history3
2024$77,553 · 0.23%
2023$82,068 · 0.28%
2022$133,205 · 0.45%
Same employer
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Environmental Control Inc CT$37.3M · 0.84%
Mohawk Northeast, Inc. CT$35.6M · 0.78%
Ibew Local No. 223 Union CT$30.2M · 0.51%
Supreme Group Inc. CT$27.7M · 0.01%
Richard's Corporation CT$21.7M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 571140801 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.