Plan Ledger DOL Form 5500 · updated monthly

Conexess Group, LLC401(k)

CONEXESS GROUP 401(K) PLAN · PLYMOUTH, MI · plan year 2024

Reported admin expense ratio · 2024
0.94%

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

Conexess Group, LLC reported $49,103 in plan administrative expenses for 2024: 0.94% of average plan assets, higher than ~75% of peers. Employer contributions averaged $2,828 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.

The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other administrative & support services employers. By assets it is among the smaller plans on file in Michigan (1,894th of 2,619), and 1,333rd of 2,534 in administrative & support services. In 2024, employees put in $2.60 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$6,030,081
Participants with balances136
Active participants114
Employer contributions$322,341
Employee contributions$838,709
Employer contribution per active participant$2,828
Average account balance$44,339
Benefits paid to participants$419,060
Plan auditUnmodified (clean) audit opinion
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$49,103
Total administrative$49,103
The Conexess Group, LLC 401(k) match · 2024
Employer contribution per active participant$2,828
Median for plans this size$1,313

Conexess Group, 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 · 20243
BURLEIGH CONSULTING GROUP INC · Contract administrator$6,280
KESTRA INVESTMENT SERVICES LLCindirect comp

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

Administrative cost history1
2024$49,103 · 0.94%
Similar plansAdministrative & Support Services · Michigan
Copper Hill Inc. MI$6.2M · 0.17%
Praxis Holding, LLC MI$5.7M · 1.04%
Dht Holdings, Inc. MI$5.7M · 0.71%

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Source: U.S. Department of Labor, Form 5500 series, EIN 264428255 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.