Plan Ledger DOL Form 5500 · updated monthly

Connexus Resource Group, Inc.401(k)

CONNEXUS RESOURCE GROUP 401(K) PLAN · AMERICAN FORK, UT · plan year 2024

Reported admin expense ratio · 2024
2.03%

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

Connexus Resource Group, Inc. reported $151,894 in plan administrative expenses for 2024: 2.03% of average plan assets, higher than ~90% of peers. Employer contributions averaged $0 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 fell from 4.69% to 2.03%. The plan sits in the $1M–$10M size bracket, benchmarked here against 18,840 comparable plans and shown alongside other professional & technical services employers. By assets it is among the smaller plans on file in Utah (510th of 848), and 8,650th of 11,654 in professional & technical services.

Plan summary
Net assets, end of year$8,100,677
Participants with balances2,244
Active participants2,386
Employer contributions$0
Employee contributions$1,392,786
Employer contribution per active participant$0
Average account balance$3,610
Benefits paid to participants$1,467,235
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$8.1M · 2,244 accts
2023$6.9M · 2,985 accts
2022$5.9M · 3,296 accts
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$151,894
Total administrative$151,894
The Connexus Resource Group, Inc. 401(k) match · 2024
Employer contribution per active participant$0
Median for plans this size$1,313

Connexus Resource Group, Inc.'s 2024 employer contribution ran below the $1,313 median for plans its size, in the bottom 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 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20242
GLOBAL RETIREMENT PARTNERS, LLC$4,714

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$151,894 · 2.03%
2023$290,031 · 4.54%
2022$268,796 · 4.69%
Same employer
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Wsrp, LLC UT$10.0M · 0.61%
Calltower, Inc. UT$9.5M · 0.64%
Studies Weekly, Inc UT$8.5M · 0.07%
Qnergy, Inc. UT$8.0M · 0.68%
Driggs, Bills & Day, P.C. UT$7.6M · 0.48%

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Source: U.S. Department of Labor, Form 5500 series, EIN 831263291 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.