Plan Ledger DOL Form 5500 · updated monthly

Connected Solutions Group, LLC401(k)

CONNECTED SOLUTIONS GROUP 401(K) PLAN · MECHANICSVILLE, OK · plan year 2023

Reported admin expense ratio · 2023
1.90%

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

Connected Solutions Group, LLC reported $23,073 in plan administrative expenses for 2023: 1.90% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 1 year on file its reported administrative ratio rose from 1.57% to 1.90%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other information & media employers. By assets it is among the smaller plans on file in Oklahoma (658th of 724), and 2,118th of 2,199 in information & media.

Plan summary
Net assets, end of year$1,595,748
Participants with balances199
Active participants180
Employer contributions$0
Employee contributions$631,060
Employer contribution per active participant$0
Average account balance$8,019
Benefits paid to participants$55,565
Plan auditUnmodified (clean) audit opinion
AuditorKEITER
Plan history2
Yearassets · accounts · employer contribution
2023$1.6M · 199 accts
2022$837K · 199 accts
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$23,073
Total administrative$23,073
The Connected Solutions Group, LLC 401(k) match · 2023
Employer contribution per active participant$0
Median for plans this size$1,308

Connected Solutions Group, LLC's 2023 employer contribution ran below the $1,308 median for plans its size, in the bottom 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$23,073 · 1.90%
2022$9,666 · 1.57%
Similar plansInformation & Media · Oklahoma
Ipacesetters, LLC OK$3.2M · 0.72%
Stephens Family Limited OK$1.8M · 0.35%
Rxp Agency, LLC OH$1.6M · 1.99%
Firecrown Inc TN$1.6M · 0.35%

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Source: U.S. Department of Labor, Form 5500 series, EIN 475306845 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.