Plan Ledger DOL Form 5500 · updated monthly

Connections Wellness Group, Inc.401(k)

CONNECTIONS WELLNESS GROUP 401(K) PLAN · PLANO, TX · plan year 2023

Reported admin expense ratio · 2023
0.47%

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

Connections Wellness Group, Inc. reported $10,323 in plan administrative expenses for 2023: 0.47% of average plan assets, below the peer median. Employer contributions averaged $1,226 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 has held roughly steady near 0.47%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other health care & social assistance employers. By assets it is among the smaller plans on file in Texas (4,589th of 5,688), and 9,272nd of 11,911 in health care & social assistance. In 2023, employees put in $2.18 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$2,990,610
Participants with balances251
Active participants294
Employer contributions$360,524
Employee contributions$784,655
Employer contribution per active participant$1,226
Average account balance$11,915
Benefits paid to participants$202,896
Plan auditUnmodified (clean) audit opinion
AuditorLBMC, PC
Plan history3
Yearassets · accounts · employer contribution
2024$0
2023$3.0M · 251 accts · $361K emplr
2022$1.4M · 201 accts · $292K emplr
Administrative expenses, itemized · 2023
Investment management$10,323
Total administrative$10,323
The Connections Wellness Group, Inc. 401(k) match · 2023
Employer contribution per active participant$1,226
Median for plans this size$1,308
2023$1,226 per active participant
2022$1,034 per active participant

Connections Wellness Group, Inc.'s 2023 employer contribution ran below the $1,308 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 2023 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20231
HUMAN INTEREST ADVISOR LLC · Contract administrator · Investment advisory (plan)$10,323

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

Administrative cost history3
2024Not separately reported
2023$10,323 · 0.47%
2022$4,863 · 0.49%
Similar plansHealth Care & Social Assistance · Texas
New Hope Housing, Inc. TX$3.0M · 0.04%
Parsons Group, Inc. TX$3.0M · 0.98%
Tms Neuro Solutions LLC TX$3.0M · 1.23%
Anders Group, LLC TX$3.0M · 0.65%
The Helper Bees, Inc. TX$3.0M · 1.00%
Gryphon Healthcare, LLC TX$2.9M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 825292532 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.