Plan Ledger DOL Form 5500 · updated monthly

Confluence Technologies, Inc.401(k)

CONFLUENCE 401(K) PLAN · PITTSBURGH, PA · plan year 2024

Reported admin expense ratio · 2024
0.12%

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

Confluence Technologies, Inc. reported $66,822 in plan administrative expenses for 2024: 0.12% of average plan assets, below the peer median. Employer contributions averaged $5,625 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 0.13% to 0.12%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 614th-largest of 3,651 plans among Pennsylvania employers on file, and the 2,026th of 11,654 in professional & technical services. In 2024, employees put in $2.41 for every $1.00 the employer contributed; active participation has grown from 147 to 249 since 2022.

Plan summary
Net assets, end of year$71,696,168
Participants with balances421
Active participants249
Employer contributions$1,400,598
Employee contributions$3,376,811
Employer contribution per active participant$5,625
Average account balance$170,300
Benefits paid to participants$11,811,544
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$71.7M · 421 accts · $1.4M emplr
2023$39.0M · 367 accts · $1.4M emplr
2022$29.4M · 221 accts · $667K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$42,853
Investment management$23,959
Total administrative$66,822
The Confluence Technologies, Inc. 401(k) match · 2024
Employer contribution per active participant$5,625
Median for plans this size$3,635
2024$5,625 per active participant
2023$5,311 per active participant
2022$4,538 per active participant

Confluence Technologies, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20244
GLOBAL RETIREMENT PARTNERS LLC · Investment advisory (plan)$23,959

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$66,822 · 0.12%
2023$55,161 · 0.16%
2022$42,596 · 0.13%
Same employer
Similar plansProfessional & Technical Services · Pennsylvania
Data Systems Analysts, Inc. PA$72.9M · 0.06%
Burns White LLC PA$68.1M · 0.28%
Stone & Webster LLC PA$67.5M · 0.09%

Why are you looking at this plan?

Compare

Source: U.S. Department of Labor, Form 5500 series, EIN 251670680 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.