Plan Ledger DOL Form 5500 · updated monthly

Connector Specialists Inc401(k)

CONNECTOR SPECIALISTS INC 401(K) PROFIT SHARING PLAN & TRUST · MANDEVILLE, LA · plan year 2024

Reported admin expense ratio · 2024
0.69%

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

Connector Specialists Inc reported $76,297 in plan administrative expenses for 2024: 0.69% of average plan assets, higher than ~90% of peers. Employer contributions averaged $2,759 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 rose from 0.63% to 0.69%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other wholesale trade employers. By assets it is the 382nd-largest of 884 plans among Louisiana employers on file, and 2,678th of 4,246 in wholesale trade. In 2024, employees put in $1.88 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$12,004,648
Participants with balances128
Active participants112
Employer contributions$308,977
Employee contributions$580,467
Employer contribution per active participant$2,759
Average account balance$93,786
Benefits paid to participants$703,306
Plan auditUnmodified (clean) audit opinion
AuditorERICKSEN KRENTEL LLP
Plan history3
Yearassets · accounts · employer contribution
2024$12.0M · 128 accts · $309K emplr
2023$10.1M · 119 accts · $279K emplr
2022$8.3M · 117 accts · $263K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$31,056
Investment management$44,381
Trustee / custodial$860
Total administrative$76,297
The Connector Specialists Inc 401(k) match · 2024
Employer contribution per active participant$2,759
Median for plans this size$2,416
2024$2,759 per active participant
2023$2,509 per active participant
2022$2,503 per active participant

Connector Specialists Inc's 2024 employer contribution ran above the $2,416 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
PAYCHEX, INC. · Recordkeeping$31,283
LPL FINANCIAL · Investment advisory (participants)$44,381

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

Recordkeeper by year2
2024Paychex
2023Paychex

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$76,297 · 0.69%
2023$62,990 · 0.68%
2022$60,622 · 0.63%
Similar plansWholesale Trade · Louisiana
Goldman Equipment L.L.C. LA$16.3M · 0.56%
Southwest Beverage Co. Inc. LA$15.7M · 0.02%
Lard Oil Co. LA$14.3M · 0.42%
Gaubert Oil Company, Inc. LA$11.0M · 0.26%
Kipo, LLC LA$10.5M · 0.67%

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Source: U.S. Department of Labor, Form 5500 series, EIN 720842811 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.