Plan Ledger DOL Form 5500 · updated monthly

Connections Education, LLC.401(k)

CONNECTIONS EDUCATION 401(K) RETIREMENT SAVINGS PLAN · BALTIMORE, MD · plan year 2024

Reported admin expense ratio · 2024
0.14%

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

Connections Education, LLC. reported $138,888 in plan administrative expenses for 2024: 0.14% of average plan assets, above the peer median. Employer contributions averaged $1,270 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 0.136%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other educational services employers. By assets it is the 166th-largest of 1,671 plans among Maryland employers on file, and the 498th of 3,091 in educational services. In 2024, employees put in $1.81 for every $1.00 the employer contributed; active participation has grown from 4,113 to 4,618 since 2022.

Plan summary
Net assets, end of year$106,430,250
Participants with balances2,806
Active participants4,618
Employer contributions$5,865,848
Employee contributions$10,636,326
Employer contribution per active participant$1,270
Average account balance$37,930
Benefits paid to participants$22,515,569
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$106.4M · 2,806 accts · $5.9M emplr
2023$97.3M · 2,995 accts · $5.4M emplr
2022$72.1M · 2,545 accts · $4.6M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$138,888
Total administrative$138,888
The Connections Education, LLC. 401(k) match · 2024
Employer contribution per active participant$1,270
Median for plans this size$3,635
2024$1,270 per active participant
2023$1,293 per active participant
2022$1,112 per active participant

Connections Education, LLC.'s 2024 employer contribution ran below the $3,635 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
UBS FINANCIAL SERVICES INC · Investment advisory (plan)$130,869
CAPITAL GROUP RETIREMENT PLAN SVCS. · Trustee (directed) · Other services$29,027

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$138,888 · 0.14%
2023$105,372 · 0.12%
2022$104,010 · 0.14%
Same employer
Similar plansEducational Services · Maryland
McDaniel College MD$133.1M · 0.11%
Stevenson University, Inc. MD$117.8M · 0.10%
Gilman School MD$108.2M · 0.11%
Washington College MD$103.7M · 0.07%

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Source: U.S. Department of Labor, Form 5500 series, EIN 680519943 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.