Plan Ledger DOL Form 5500 · updated monthly

Connectivity Wireless LLC401(k)

CONNECTIVITY WIRELESS LLC 401(K) PROFIT SHARING PLAN & TRUST · DULUTH, GA · plan year 2023

Reported admin expense ratio · 2023
0.59%

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

Connectivity Wireless LLC reported $23,529 in plan administrative expenses for 2023: 0.59% of average plan assets, above the peer median. Employer contributions averaged $6,033 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 0.55% to 0.59%. The plan sits in the $1M–$10M size bracket, benchmarked here against 22,307 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Georgia (1,683rd of 2,160), and 10,045th of 11,654 in professional & technical services. In 2023, employees put in $2.05 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$4,359,001
Participants with balances87
Active participants46
Employer contributions$277,522
Employee contributions$570,233
Employer contribution per active participant$6,033
Average account balance$50,103
Benefits paid to participants$945,919
Plan auditUnmodified (clean) audit opinion
AuditorHANCOCK ASKEW & CO. LLP
Plan history2
Yearassets · accounts · employer contribution
2023$4.4M · 87 accts · $278K emplr
2022$3.7M · 108 accts · $303K emplr
Administrative expenses, itemized · 2023
Recordkeeping & contract admin$10,089
Investment management$12,580
Trustee / custodial$860
Total administrative$23,529
The Connectivity Wireless LLC 401(k) match · 2023
Employer contribution per active participant$6,033
Median for plans this size$1,308
2023$6,033 per active participant
2022$3,155 per active participant

Connectivity Wireless LLC's 2023 employer contribution ran above the $1,308 median for plans its size, placing it in the top 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.

Service providers · 20232
TRIAD ADVISORS, LLC. · Recordkeeping · Investment advisory (participants)$11,501
PAYCHEX, INC. · Recordkeeping · Investment advisory (participants)$10,302

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

Administrative cost history2
2023$23,529 · 0.59%
2022$21,125 · 0.55%
Same employer
Similar plansProfessional & Technical Services · Georgia
Procom Consulting Inc. GA$4.6M · 0.08%
Meditology Services, LLC GA$4.6M · 0.12%
Area-I, LLC GA$4.5M · 0.11%
Quantum Dynamics, Inc GA$4.5M · 0.67%
F3EA, Inc. GA$4.1M · 1.36%
Ebryit, Inc. GA$4.1M · 0.76%

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Source: U.S. Department of Labor, Form 5500 series, EIN 262188150 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.