Plan Ledger DOL Form 5500 · updated monthly

Conexus Medstaff, LLC401(k)

CONEXUS MEDSTAFF, LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
1.26%

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

Conexus Medstaff, LLC reported $45,743 in plan administrative expenses for 2024: 1.26% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,957 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 0.68% to 1.26%. 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 Texas (4,220th of 5,688), and 1,530th of 2,534 in administrative & support services. In 2024, employees put in $1.89 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,325,909
Participants with balances255
Active participants266
Employer contributions$520,472
Employee contributions$984,476
Employer contribution per active participant$1,957
Average account balance$16,964
Benefits paid to participants$849,085
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$4.3M · 255 accts · $520K emplr
2023$2.9M · 235 accts · $525K emplr
2022$1.7M · 205 accts · $445K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,465
Investment management$1,528
Total administrative$45,743
The Conexus Medstaff, LLC 401(k) match · 2024
Employer contribution per active participant$1,957
Median for plans this size$1,313
2024$1,957 per active participant
2023$1,875 per active participant
2022$1,583 per active participant

Conexus Medstaff, LLC's 2024 employer contribution ran above the $1,313 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 · 20241
ALLIANCE BENEFIT GROUP OF HOUSTON · Other 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$45,743 · 1.26%
2023$25,635 · 1.12%
2022$8,113 · 0.68%
Same employer
Similar plansAdministrative & Support Services · Texas
Corporate Relocation, LLC TX$4.8M · 0.44%
Earthworks, Inc. TX$4.5M · 0.39%
Betts Recruiting Inc TX$4.3M · 0.19%
The Arbor Experts, LLC TX$4.0M · 1.56%

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Source: U.S. Department of Labor, Form 5500 series, EIN 271511706 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.