Plan Ledger DOL Form 5500 · updated monthly

Connexity, Inc.401(k)

CONNEXITY, INC. 401(K) PLAN · SANTA MONICA, CA · plan year 2024

Reported admin expense ratio · 2024
0.08%

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

Connexity, Inc. reported $70,466 in plan administrative expenses for 2024: 0.08% of average plan assets, below the peer median. Employer contributions averaged $4,513 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 0.07% to 0.08%. The plan sits in the $50M–$250M size bracket, benchmarked here against 10,352 comparable plans and shown alongside other professional & technical services employers. By assets it is the 1,042nd-largest of 9,483 plans among California employers on file, and the 1,582nd of 11,654 in professional & technical services. In 2024, employees put in $2.78 for every $1.00 the employer contributed; active participation has grown from 117 to 459 since 2022.

Plan summary
Net assets, end of year$95,690,242
Participants with balances787
Active participants459
Employer contributions$2,071,388
Employee contributions$5,754,083
Employer contribution per active participant$4,513
Average account balance$121,589
Benefits paid to participants$4,868,449
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$95.7M · 787 accts · $2.1M emplr
2023$78.3M · 803 accts · $746K emplr
2022$42.9M · 342 accts · $493K emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$41,149
Investment management$29,317
Total administrative$70,466
The Connexity, Inc. 401(k) match · 2024
Employer contribution per active participant$4,513
Median for plans this size$3,635
2024$4,513 per active participant
2023$1,752 per active participant
2022$4,216 per active participant

Connexity, Inc.'s 2024 employer contribution ran above the $3,635 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 · 20243
MMA SECURITIES LLC · Investment advisory (plan)$20,050
EMPOWER ADVISORY GROUP, LLC · Investment management$9,267

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$70,466 · 0.08%
2023$32,149 · 0.05%
2022$31,683 · 0.07%
Similar plansProfessional & Technical Services · California
Netgear, Inc. CA$96.9M · 0.07%
Downey Brand LLP CA$96.9M · 0.27%
Unicom, Inc. CA$96.3M · 0.40%
Applovin Corporation CA$95.9M · 0.02%
Pdf Solutions, Inc. CA$95.6M · 0.05%
Fehr & Peers CA$95.4M · 0.08%
Hillspire, LLC CA$94.1M · 0.13%

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Source: U.S. Department of Labor, Form 5500 series, EIN 330730911 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.