Plan Ledger DOL Form 5500 · updated monthly

Connections Employer Solutions LLC401(k)

CONNECTIONS EMPLOYER SOLUTIONS LLC 401(K) PLAN · PHOENIX, AZ · plan year 2024

Reported admin expense ratio · 2024
0.78%

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

Connections Employer Solutions LLC reported $113,791 in plan administrative expenses for 2024: 0.78% of average plan assets, higher than ~90% of peers. Employer contributions averaged $1,008 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 0.88% to 0.78%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other health care & social assistance employers. By assets it is the 424th-largest of 1,285 plans among Arizona employers on file, and the 4,249th of 11,911 in health care & social assistance. In 2024, employees put in $3.90 for every $1.00 the employer contributed; active participation has grown from 489 to 702 since 2022.

Plan summary
Net assets, end of year$16,282,142
Participants with balances797
Active participants702
Employer contributions$707,331
Employee contributions$2,761,468
Employer contribution per active participant$1,008
Average account balance$20,429
Benefits paid to participants$2,018,237
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$16.3M · 797 accts · $707K emplr
2023$12.8M · 618 accts · $666K emplr
2022$10.0M · 629 accts · $461K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$40,208
Investment management$73,583
Total administrative$113,791
The Connections Employer Solutions LLC 401(k) match · 2024
Employer contribution per active participant$1,008
Median for plans this size$2,416
2024$1,008 per active participant
2023$1,288 per active participant
2022$944 per active participant

Connections Employer Solutions LLC's 2024 employer contribution ran below the $2,416 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 · 20243
ONEDIGITAL INVESTMENT ADVISORS LLC · Investment advisory (plan)$48,417
EMPOWER ADVISORY GROUP, LLC · Investment management$25,166

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$113,791 · 0.78%
2023$100,752 · 0.88%
2022$88,062 · 0.88%
Same employer
Similar plansHealth Care & Social Assistance · Arizona
Spooner, Inc. AZ$17.7M · 0.67%
Nextcare, Inc. AZ$16.3M · 0.64%

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Source: U.S. Department of Labor, Form 5500 series, EIN 821098739 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.