Plan Ledger DOL Form 5500 · updated monthly

Conesys, Inc.401(k)

CONESYS, INC. AND AFFILIATED COMPANIES 401 (K) PLAN · TORRANCE, CA · plan year 2024

Reported admin expense ratio · 2024
0.43%

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

Conesys, Inc. reported $41,860 in plan administrative expenses for 2024: 0.43% of average plan assets, below the peer median. Employer contributions averaged $0 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 3 years on file its reported administrative ratio has held roughly steady near 0.427%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other manufacturing employers. By assets it is among the smaller plans on file in California (5,403rd of 9,483), and 8,701st of 13,661 in manufacturing. In 2024, employees put in $23731.24 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$10,175,037
Participants with balances234
Active participants369
Employer contributions$25
Employee contributions$593,281
Employer contribution per active participant$0
Average account balance$43,483
Benefits paid to participants$956,002
Plan auditUnmodified (clean) audit opinion
AuditorWITHUM SMITH BROWN
Plan history3
Yearassets · accounts · employer contribution
2024$10.2M · 234 accts · $25 emplr
2023$9.4M · 248 accts · $29 emplr
2022$9.0M · 256 accts · $17 emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,860
Total administrative$41,860
The Conesys, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313
2024$0 per active participant
2023$0 per active participant
2022$0 per active participant

Conesys, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 · 20246
EMPOWER ADVISORY GROUP, LLC · Investment management$7,927
ARROYO INSURANCE SERVICES INC · Consulting$6,532
LEAFHOUSE FINANCIAL ADVISORS, LLC · Investment advisory (plan)$4,666
R-TECH CONSULTANTS, INC. · Contract administrator$2,250
MORGAN STANLEY INSURANCE SERVICESindirect comp

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$41,860 · 0.43%
2023$40,572 · 0.44%
2022$43,884 · 0.43%
Same employer
Similar plansManufacturing · California
Esl Power Systems Inc. CA$10.2M · 0.37%
Mercer Foods, LLC CA$10.2M · 0.81%
Vm Services, Inc. CA$10.2M · 0.67%
Del Real Foods, LLC CA$10.1M · 0.14%
Biolase, Inc. CA$10.1M · 0.84%

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Source: U.S. Department of Labor, Form 5500 series, EIN 954724210 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.