Plan Ledger DOL Form 5500 · updated monthly

Connex Credit Union, Inc.401(k)

CONNEX CREDIT UNION, INC. 401(K) PLAN AND TRUST · NORTH HAVEN, CT · plan year 2025

Reported admin expense ratio · 2025
0.04%

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

Connex Credit Union, Inc. reported $7,526 in plan administrative expenses for 2025: 0.04% of average plan assets, lower than ~75% of peers. Employer contributions averaged $2,061 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 rose from 0.01% to 0.04%. The plan sits in the $10M–$50M size bracket, benchmarked here against 1,620 comparable plans and shown alongside other finance & insurance employers. By assets it is among the smaller plans on file in Connecticut (558th of 1,106), and 3,048th of 4,798 in finance & insurance. In 2025, employees put in $2.42 for every $1.00 the employer contributed; active participation has grown from 141 to 158 since 2022.

Plan summary
Net assets, end of year$20,084,433
Participants with balances197
Active participants158
Employer contributions$325,659
Employee contributions$786,953
Employer contribution per active participant$2,061
Average account balance$101,951
Benefits paid to participants$3,476,229
Plan auditUnmodified (clean) audit opinion
Plan history4
Yearassets · accounts · employer contribution
2025$20.1M · 197 accts · $326K emplr
2024$19.5M · 191 accts · $351K emplr
2023$18.1M · 191 accts · $298K emplr
2022$15.2M · 189 accts · $380K emplr
Administrative expenses, itemized · 2025
Recordkeeping & contract admin$2,450
Investment management$5,076
Total administrative$7,526
The Connex Credit Union, Inc. 401(k) match · 2025
Employer contribution per active participant$2,061
Median for plans this size$2,666
2025$2,061 per active participant
2024$2,169 per active participant
2023$2,028 per active participant
2022$2,698 per active participant

Connex Credit Union, Inc.'s 2025 employer contribution ran below the $2,666 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 2025 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20252
STRATEGIC ADVISORS, INC. · Investment advisory (plan)$5,076
FIDELITY INVESTMENTS INSTITUTIONAL · Loan processing$2,450

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

Administrative cost history4
2025$7,526 · 0.04%
2024$5,109 · 0.03%
2023$2,922 · 0.02%
2022$1,890 · 0.01%
Same employer
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Xpt Partners LLC CT$21.0M · 0.49%
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Source: U.S. Department of Labor, Form 5500 series, EIN 060655052 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.