Plan Ledger DOL Form 5500 · updated monthly

Confluent Holdings, LLC401(k)

CONFLUENT HOLDINGS 401(K) PLAN · ST LOUIS, MO · plan year 2024

Reported admin expense ratio · 2024
0.68%

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

Confluent Holdings, LLC reported $124,835 in plan administrative expenses for 2024: 0.68% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,419 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 0.68%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other manufacturing employers. By assets it is the 552nd-largest of 1,393 plans among Missouri employers on file, and the 5,490th of 13,661 in manufacturing. In 2024, employees put in $1.68 for every $1.00 the employer contributed; active participation has grown from 266 to 713 since 2022.

Plan summary
Net assets, end of year$22,500,938
Participants with balances594
Active participants713
Employer contributions$1,011,666
Employee contributions$1,694,723
Employer contribution per active participant$1,419
Average account balance$37,880
Benefits paid to participants$1,159,044
Plan auditUnmodified (clean) audit opinion
AuditorELLIOT DAVIS, LLC
Plan history3
Yearassets · accounts · employer contribution
2024$22.5M · 594 accts · $1.0M emplr
2023$14.0M · 250 accts · $491K emplr
2022$5.1M · 166 accts · $362K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$43,406
Investment management$56,429
Audit (IQPA)$25,000
Total administrative$124,835
The Confluent Holdings, LLC 401(k) match · 2024
Employer contribution per active participant$1,419
Median for plans this size$2,416
2024$1,419 per active participant
2023$1,514 per active participant
2022$1,362 per active participant

Confluent Holdings, LLC's 2024 employer contribution ran below 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 · 20243
THE VANGUARD GROUP, INC. · Loan processing · Recordkeeping$43,406
TEN PEAKS PARTNERS · Investment advisory (plan)$56,429
RUBINBROWN · Accounting / audit$25,000

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

Recordkeeper by year2
2024Vanguard
2023Vanguard

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Administrative cost history3
2024$124,835 · 0.68%
2023$56,431 · 0.59%
2022$33,867 · 0.66%
Same employer
Similar plansManufacturing · Missouri
Koller Enterprises, Inc. MO$23.6M · 0.35%
Detroit Tool Metal Products MO$23.2M · 0.11%
Weissman Designs for Dance MO$23.2M · 0.10%
C.L. Smith Company MO$22.1M · 0.36%
Shick Solutions, Inc. MO$22.0M · 0.33%
Vsm Abrasives Corporation MO$21.9M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 474749384 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.