Plan Ledger DOL Form 5500 · updated monthly

Conexon, LLC401(k)

CONEXON 401(K) PLAN · KANSAS CITY, MO · plan year 2024

Reported admin expense ratio · 2024
0.33%

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

Conexon, LLC reported $75,172 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $3,722 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 rose from 0.19% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other professional & technical services employers. By assets it is the 485th-largest of 1,393 plans among Missouri employers on file, and the 4,475th of 11,654 in professional & technical services. In 2024, employees put in $1.40 for every $1.00 the employer contributed; active participation has grown from 524 to 828 since 2022.

Plan summary
Net assets, end of year$27,167,503
Participants with balances652
Active participants828
Employer contributions$3,081,970
Employee contributions$4,311,993
Employer contribution per active participant$3,722
Average account balance$41,668
Benefits paid to participants$2,392,951
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$27.2M · 652 accts · $3.1M emplr
2023$19.0M · 559 accts · $2.9M emplr
2022$10.4M · 582 accts · $2.2M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,748
Investment management$43,424
Total administrative$75,172
The Conexon, LLC 401(k) match · 2024
Employer contribution per active participant$3,722
Median for plans this size$2,416
2024$3,722 per active participant
2023$3,890 per active participant
2022$4,128 per active participant

Conexon, LLC's 2024 employer contribution ran above 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 · 20242
STANCORP FINANCIAL GROUP · Claims processing · Recordkeeping$81,760
CETERA INVESTMENT ADVISERS LLC · Investment advisory (plan)$43,424

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

Recordkeeper by year2
2024The Standard
2023Securian

This plan has changed recordkeepers within these filings. If you left Conexon, LLC before a switch, your account may sit at the earlier firm or in a rollover IRA. Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$75,172 · 0.33%
2023$51,221 · 0.35%
2022$15,890 · 0.19%
Same employer
Similar plansProfessional & Technical Services · Missouri
Multistudio, Inc. MO$30.4M · 0.58%
Huber & Associates, Inc. MO$28.4M · 0.28%
Navvis & Company MO$27.4M · 0.42%
R.L. Young, LLC MO$26.2M · 0.27%

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Source: U.S. Department of Labor, Form 5500 series, EIN 813044214 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.